Tangoe Return on Invested Capital
Tangoe Return on Invested Capital Chart
Tangoe Historical Return on Invested Capital DataPro Data Export
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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.
View Return on Invested Capital for TNGO.
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TNGO Return on Invested Capital Benchmarks
|j2 Global||Go Pro|
|Mam Software Group||Go Pro|
TNGO Return on Invested Capital Rankings
3128 of 8009
466 of 952 in Technology
19 of 35 in Software - Infrastructure
TNGO Return on Invested Capital Range, Past 5 Years
|Minimum||Go Pro||Dec 2011|
|Maximum||Go Pro||Mar 2013|
Fool May 22
Street Insider May 22
Business Wire May 17
Seeking Alpha May 9
Wall St. Cheat Sheet May 9