Definitions for "ROIC"
Keywords:  capital, ebit, quotient, pat, earns
Quotient of adjusted EBIT and invested capital. Invested capital comprises intangible assets, tangible assets, working capital, other non-interest-bearing assets and liabilities and non-interest-bearing income tax receivables and liabilities.
Return on Invested Capital. A measure of how effectively a company uses the money (borrowed or owned) invested in its operations. Calculated by: net income after taxes / (total assets less excess cash minus non-interest-bearing liabilities).
(PAT + interest) / (Net Worth + Interest Bearing Debt - Idle Cash in hand) * 100 This ratio shows the returns that the company earns on the capital actually invested in the business.
Keywords:  sallie, mae, secondary, offering
Sallie Mae secondary offering
ROIC is a calculation used to assess the profitability of a firm by determining...