Greenlight Reinsurance (GLRE)
Greenlight Reinsurance Return on Invested Capital: 14.19%
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GLRE Return on Invested Capital Rankings
| Overall | 81st percentile | 769 of 4158 |
| Sector | 92nd percentile | 62 of 841 in Financial |
| Industry | 92nd percentile | 6 of 78 in Property & Casualty Insurance |
GLRE Return on Invested Capital Range, Past 5 Years
| Minimum | -21.19% | Dec 2008 |
| Maximum | 34.87% | Dec 2009 |
| Average | 6.44% |
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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GLRE News
about 7 days ago by tsxsmallcaps
about 7 days ago by STNet
about 7 days ago by StockTwits
about 7 days ago by abnormalreturns
May 21, 2:06AM Benzinga
about 13 days ago by abnormalreturns
about 13 days ago by abnormalreturns
May 14, 9:21AM GlobeNewswire
about 21 days ago by doomdog144
about 25 days ago by StockTwits
about 25 days ago by abnormalreturns
May 01, 11:24AM Seeking Alpha
about 56 days ago by BaselineAce
about 77 days ago by BaselineAce
Feb 22, 12:09PM Seeking Alpha
Feb 21, 5:17PM GlobeNewswire
Feb 15, 11:00AM GlobeNewswire
about 125 days ago by abnormalreturns
about 125 days ago by sellmeonu
about 125 days ago by Street_Insider
about 166 days ago by DedicatedShort
about 180 days ago by abnormalreturns
about 223 days ago by insidermonkey
about 271 days ago by STNet
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GLRE | 24.69 | +0.11 | +0.45% | 744.28M |
| GKSR | 30.37 | -0.04 | -0.13% | 572.62M |
| GKNT | 17.70 | +1.23 | +7.47% | 105.24M |
| GKK | 2.52 | +0.05 | +2.02% | 126.86M |
| GIVN | 17.25 | +0.09 | +0.52% | 526.30M |
| GIS | 39.06 | -0.02 | -0.05% | 25.19B |
| GILT | 3.29 | +0.02 | +0.61% | 135.05M |
| GILD | 50.97 | +0.48 | +0.95% | 38.27B |
| GIL | 25.13 | +0.09 | +0.36% | 3.043B |
| GIII | 25.41 | +0.71 | +2.87% | 488.32M |