Minnesota Municipal Income Portfolio (MXA)
Minnesota Municipal Income Portfolio 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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MXA News
Mar 23, 11:45AM Business Wire
Mar 23, 11:30AM Business Wire
Feb 24, 4:16PM Business Wire
Feb 24, 4:01PM Business Wire
Jan 20, 12:00PM Business Wire
Jan 20, 11:30AM Business Wire
Dec 16, 11:41AM Business Wire
Dec 16, 11:40AM Business Wire
Nov 18, 9:30AM Business Wire
Nov 18, 9:00AM Business Wire
Oct 24, 2:30PM Business Wire
Oct 24, 12:45PM Business Wire
Sep 26, 5:32PM Business Wire
Aug 19, 1:00PM Business Wire
Aug 19, 12:00PM Business Wire
Jul 22, 11:44AM Business Wire
Jul 21, 11:49AM Business Wire
Jun 21, 3:00PM Business Wire
Jun 17, 1:06PM Business Wire
May 20, 12:40PM Business Wire
May 20, 12:30PM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MXA | 17.08 | +0.01 | +0.06% | |
| MWW | 8.65 | -0.06 | -0.69% | 1.072B |
| MWIV | 93.77 | -0.63 | -0.67% | 1.201B |
| MOVED | 8.29 | +0.22 | +2.73% | |
| MOVE | 8.03 | -0.26 | -3.14% | 326.96M |
| MOV | 28.45 | -0.34 | -1.18% | 525.99M |
| MOTR | 0.6551 | -0.07 | -9.03% | 33.25M |
| MOSY | 3.01 | -0.01 | -0.33% | 116.87M |
| MOS | 47.92 | -1.54 | -3.11% | 21.04B |
| MORT | 25.24 | -0.17 | -0.67% |
