ABAXIS (ABAX)
ABAXIS Return on Invested Capital: 8.13%
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ABAX Return on Invested Capital Rankings
| Overall | 62nd percentile | 1553 of 4158 |
| Sector | 66th percentile | 159 of 480 in Healthcare |
| Industry | 76th percentile | 4 of 17 in Diagnostic Substances |
ABAX Return on Invested Capital Range, Past 5 Years
| Minimum | 7.28% | Dec 2011 |
| Maximum | 13.18% | Sep 2007 |
| Average | 10.32% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
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ABAX News
May 14, 2:20AM Benzinga
May 08, 8:00AM PR Newswire
about 27 days ago by GucciMoccasins
about 28 days ago by abubnic
about 28 days ago by abubnic
about 28 days ago by howardlindzon
about 28 days ago by howardlindzon
about 28 days ago by howardlindzon
about 30 days ago by TradeBot
Apr 26, 4:00PM PR Newswire
about 37 days ago by TradeBot
Apr 16, 8:00AM PR Newswire
Mar 13, 8:00AM PR Newswire
Feb 29, 8:00AM PR Newswire
Feb 21, 6:00AM PR Newswire
Jan 27, 10:19AM Street Insider
about 121 days ago by earningscast
Jan 26, 4:00PM PR Newswire
Jan 26, 7:45AM PR Newswire
about 352 days ago by SharePlanner
about 445 days ago by TheEquitiesRoom
about 451 days ago by akminer
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ABAX | 32.56 | -0.02 | -0.06% | 706.23M |
| AB | 13.38 | -0.19 | -1.40% | 1.407B |
| AAXJ | 49.90 | -0.38 | -0.76% | |
| AAWW | 45.92 | -0.76 | -1.63% | 1.208B |
| AAV | 2.83 | -0.01 | -0.35% | 471.39M |
| AAU | 2.01 | -0.04 | -1.95% | 118.83M |
| AAPL | 562.29 | -3.03 | -0.54% | 524.26B |
| AAP | 73.67 | +0.74 | +1.01% | 5.373B |
| AAON | 19.43 | +0.47 | +2.48% | 477.40M |
| AAN | 26.87 | +0.09 | +0.34% | 2.043B |