Meade Instruments (MEAD)
Meade Instruments Return on Invested Capital: -12.93%
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MEAD Return on Invested Capital Rankings
| Overall | 19th percentile | 3360 of 4163 |
| Sector | 24th percentile | 575 of 764 in Technology |
| Industry | 11th percentile | 46 of 52 in Scientific & Technical Instruments |
MEAD Return on Invested Capital Range, Past 5 Years
| Minimum | -56.18% | Feb 2008 |
| Maximum | -4.34% | Aug 2011 |
| Average | -31.63% |
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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MEAD News
about 86 days ago by iIndianTrader
about 169 days ago by Warstocky
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MEAD | 3.54 | +0.00 | +0.00% | 4.354M |
| MAXY | 5.81 | -0.06 | -1.02% | 163.01M |
| MAV | 15.16 | +0.00 | +0.00% | |
| MATW | 29.98 | -0.49 | -1.61% | 864.43M |
| MATR | 6.93 | -0.06 | -0.86% | 117.29M |
| MAT | 31.17 | -0.34 | -1.08% | 10.68B |
| MASC | 8.05 | -0.05 | -0.62% | 85.37M |
| MAS | 12.36 | -0.64 | -4.92% | 4.645B |
| MARPS | 23.24 | +0.74 | +3.29% | 45.00M |
| MAR | 38.29 | -0.85 | -2.17% | 13.07B |
