Highway (HIHO)
Highway Return on Invested Capital: 7.01%
View HIHO Return on Invested Capital with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
HIHO Return on Invested Capital Rankings
| Overall | 57th percentile | 1750 of 4158 |
| Sector | 46th percentile | 165 of 306 in Industrial Goods |
| Industry | 35th percentile | 11 of 17 in Metal Fabrication |
HIHO Return on Invested Capital Range, Past 5 Years
| Minimum | -7.51% | Dec 2008 |
| Maximum | 15.76% | Jun 2011 |
| Average | 6.22% |
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
You may also be interested in these HIHO related companies
HIHO News
Jan 31, 8:00AM GlobeNewswire
Sep 07, 12:00PM GlobeNewswire
about 309 days ago by abubnic
about 313 days ago by DynamicDividend
about 315 days ago by abubnic
about 315 days ago by abubnic
about 315 days ago by abubnic
about 335 days ago by pumpndumphunter
Feb 28, 1:20PM GlobeNewswire
about 491 days ago by lovebob
about 566 days ago by danshep55
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 567 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
about 568 days ago by Detroitblues
Oct 18, 8:00AM GlobeNewswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HIHO | 1.48 | -0.04 | -2.68% | 5.594M |
| HIH | 8.60 | +0.05 | +0.58% | |
| HIG | 17.72 | +0.39 | +2.25% | 7.629B |
| HIFS | 58.20 | +0.12 | +0.21% | 122.80M |
| HIF | 9.54 | -0.10 | -1.04% | |
| HIBB | 56.46 | -0.59 | -1.03% | 1.506B |
| HI | 19.11 | +0.27 | +1.43% | 1.177B |
| HHS | 8.46 | +0.09 | +1.08% | 525.89M |
| HHC | 61.79 | +1.60 | +2.66% | 2.284B |
| HH | 0.61 | -0.01 | -1.61% | 43.20M |