Predictiv Ai Inc ROIC
Quel est le ROIC de Predictiv Ai Inc?
Le ROIC de Predictiv Ai Inc est -103.29%
Quelle est la définition de ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC des entreprises dans Technology secteur sur OTC par rapport à Predictiv Ai Inc
Que fait Predictiv Ai Inc?
Predictiv AI Inc. provides software and solutions in the artificial intelligence and industrial IoT markets. The company offers real-time advanced artificial intelligence based predictive road condition weather analytics for government, insurance, agriculture, public safety, fleet management, and outdoor event industries. The company was formerly known as Internet of Things Inc. and changed its name to Predictiv AI Inc. in August 2020. Predictiv AI Inc. is headquartered in Toronto, Canada.
Entreprises avec roic similaire à Predictiv Ai Inc
- Drone Delivery Canada a ROIC de -104.22%
- Collective Mining a ROIC de -104.13%
- iCetana a ROIC de -103.89%
- Vincera Pharma a ROIC de -103.63%
- Menlo Therapeutics a ROIC de -103.52%
- Sunesis Pharmaceuticals Inc a ROIC de -103.32%
- Predictiv Ai Inc a ROIC de -103.29%
- Forward Water Technologies a ROIC de -103.28%
- Technical Communications a ROIC de -103.15%
- Lexagene a ROIC de -103.12%
- Rubius Therapeutics Inc a ROIC de -103.08%
- Trip Technologies a ROIC de -103.01%
- Carebook Technolgies Inc a ROIC de -102.95%