Ashland (ASH)
Ashland Return on Invested Capital: -0.32%
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ASH Return on Invested Capital Rankings
| Overall | 25th percentile | 3079 of 4158 |
| Sector | 27th percentile | 338 of 465 in Basic Materials |
| Industry | 14th percentile | 12 of 14 in Chemicals - Major Diversified |
ASH Return on Invested Capital Range, Past 5 Years
| Minimum | -5.16% | Sep 2009 |
| Maximum | 13.51% | Mar 2011 |
| Average | 4.15% |
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.
Learn More
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ASH News
about 16 days ago by hertcapital
about 18 days ago by Val_U_Investor
about 18 days ago by hertcapital
about 33 days ago by earningscast
Apr 24, 6:02AM Thomson Reuters ONE
about 38 days ago by sld1986
Apr 12, 6:11PM JCN Newswire
Apr 09, 9:00AM PR Newswire
about 54 days ago by TheOxenGroup
about 71 days ago by cupandhandle69
about 71 days ago by chessNwine
about 72 days ago by redman59
about 80 days ago by Xiphos_Trading
about 102 days ago by chartsmart
about 103 days ago by Marketsquawk
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ASH | 64.40 | -0.81 | -1.24% | 5.043B |
| ASG | 4.00 | -0.01 | -0.25% | |
| ASFI | 8.96 | +0.08 | +0.90% | 131.17M |
| ASEI | 49.46 | +1.29 | +2.68% | 441.18M |
| APOG | 14.97 | -0.02 | -0.13% | 419.46M |
| APL | 31.77 | +0.17 | +0.54% | 1.704B |
| APKT | 23.24 | +0.28 | +1.22% | 1.584B |
| API | 0.657 | +0.02 | +2.66% | 20.35M |
| APH | 53.22 | -0.04 | -0.08% | 8.692B |
| APFC | 8.42 | +0.12 | +1.45% | 64.08M |
