BlackBerry Ltd ROIC
What is the ROIC of BlackBerry Ltd?
The ROIC of BlackBerry Ltd is -5.75%
What is the definition of 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 of companies in the Technology sector on NYSE compared to BlackBerry Ltd
What does BlackBerry Ltd do?
who we are blackberry is a mobile-native software and services company dedicated to securing the enterprise of things. blackberry secure software provides the embedded intelligence for the enterprise of things so that the internet of things can thrive. what we do today’s blackberry is a software company with a standard of security for managing the network of mobile and wearable devices, desktops and laptops, and other endpoints within enterprises. in addition to developing and providing applications, our blackberry secure platform enables enterprises and independent developers to create applications for smartphones, medical devices, connected cars, consumer appliances and industrial machinery, and much more. the result is a secure enterprise of things where enterprise customers can transform their organizations for 360-degree secure mobility and have complete confidence in their endpoint management. blackberry secure applications are showing up in every industry where secure mobile com
Companies with roic similar to BlackBerry Ltd
- VISA Steel has ROIC of -5.78%
- OSRAM Licht AG has ROIC of -5.78%
- International Tower Hill Mines Ltd has ROIC of -5.77%
- Jagatjit Industries has ROIC of -5.76%
- Red Lion Hotels has ROIC of -5.76%
- Regulus Resources Inc New has ROIC of -5.76%
- BlackBerry Ltd has ROIC of -5.75%
- Avid Bioservices Inc has ROIC of -5.74%
- BRC has ROIC of -5.72%
- Apex Global Brands Inc has ROIC of -5.71%
- Zedcor has ROIC of -5.70%
- Beijing Capital International Airport Co has ROIC of -5.70%
- Tillys Inc has ROIC of -5.70%