Mitcham Industries (MIND)
Mitcham Industries Return on Invested Capital: 17.45%
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MIND Return on Invested Capital Rankings
| Overall | 87th percentile | 529 of 4163 |
| Sector | 84th percentile | 127 of 811 in Services |
| Industry | 92nd percentile | 2 of 25 in Rental & Leasing Services |
MIND Return on Invested Capital Range, Past 5 Years
| Minimum | 0.41% | Oct 2009 |
| Maximum | 17.45% | Jan 2012 |
| Average | 9.22% |
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
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MIND News
about 12 hours ago by MarketBrief
May 23, 4:15PM PR Newswire
about 17 days ago by stocktherapy
about 21 days ago by stocktherapy
about 30 days ago by harmongreg
about 43 days ago by RecogniaEvents
about 56 days ago by purecharger
Apr 05, 8:20AM Marketwire
about 57 days ago by TradeBot
about 57 days ago by 1nvestor
Dec 19, 7:10AM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MIND | 18.75 | -0.91 | -4.63% | 244.18M |
| MIN | 6.43 | +0.02 | +0.31% | |
| MIM | 32.50 | -0.46 | -1.40% | 1.546B |
| MEN | 11.78 | +0.02 | +0.17% | |
| MEMS | 2.25 | -0.04 | -1.75% | 54.94M |
| MELI | 73.80 | -0.33 | -0.45% | 3.272B |
| MELA | 2.55 | -0.06 | -2.30% | 79.14M |
| MEI | 7.45 | -0.13 | -1.72% | 280.61M |
| MEG | 3.49 | -0.17 | -4.64% | 85.42M |
| MEDW | 14.33 | -0.21 | -1.44% | 119.08M |
