Cornerstone Progressive Return Fund (CFP)
Cornerstone Progressive Return Fund Return on Invested Capital
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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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CFP News
May 11, 1:09PM Marketwire
May 04, 4:18PM Marketwire
Mar 23, 9:20AM Seeking Alpha
Feb 10, 4:36PM Marketwire
Nov 04, 5:02PM Marketwire
Nov 04, 4:41PM Marketwire
about 220 days ago by InvestorsChoice
Aug 12, 4:54PM Marketwire
about 297 days ago by kjepeneter
about 370 days ago by patonet
about 370 days ago by patonet
about 593 days ago by Johnny905
about 894 days ago by researchpuzzler
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CFP | 5.43 | +0.01 | +0.18% | |
| CFNL | 11.54 | -0.06 | -0.52% | 336.97M |
| BZF | 18.83 | +0.33 | +1.78% | |
| BZ | 6.99 | -0.07 | -0.99% | 702.29M |
| BYM | 15.39 | -0.01 | -0.06% | |
| BYI | 45.38 | -0.22 | -0.48% | 1.978B |
| BYFC | 1.35 | +0.00 | +0.00% | 2.362M |
| BYD | 7.44 | +0.27 | +3.77% | 644.23M |
| BXUC | 148.38 | -0.01 | -0.01% | |
| BXS | 13.41 | -0.04 | -0.30% | 1.266B |