Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of -1.21% is 64% below its 1-year average of -0.74%, near the low end of its 1-year range (-1.21%–-0.27%).
As of the fiscal period ended Friday, March 31, 2023.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
Limited quarterly history available
ROIC needs at least three reported quarters before a meaningful chart is shown.
RETURN ON INVESTED CAPITAL (ROIC)
-1.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
5.62%
median of 227 covered companies
CURRENT VS SECTOR MEDIAN
-121.52%
vs the sector median at left
Digital Currency X Technology Inc.
Market Cap
$6.99M
Return on Invested Capital (ROIC)
-1.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.65M
Return on Invested Capital (ROIC)
-38.05%
TTM Avg
-27.88%
3Y Avg
-8.25%
5Y Avg
6.19%
Market Cap
$7.36M
Return on Invested Capital (ROIC)
-86.63%
TTM Avg
-46.22%
3Y Avg
-97.64%
5Y Avg
-71.55%
Market Cap
$5.88M
Return on Invested Capital (ROIC)
-2.48%
TTM Avg
-94.14%
3Y Avg
-58.15%
5Y Avg
-52.33%
Market Cap
$8.41M
Return on Invested Capital (ROIC)
-4.04%
TTM Avg
-1.76%
3Y Avg
0.62%
5Y Avg
4.52%
Market Cap
$5.46M
Return on Invested Capital (ROIC)
-40.70%
TTM Avg
-42.29%
3Y Avg
-38.52%
5Y Avg
-25.44%
Market Cap
$8.53M
Return on Invested Capital (ROIC)
-12.39%
TTM Avg
-5.26%
3Y Avg
-3.34%
5Y Avg
-1.90%
Market Cap
$5.32M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-778.14%
3Y Avg
-428.20%
5Y Avg
-428.20%
Market Cap
$5.30M
Return on Invested Capital (ROIC)
-0.02%
TTM Avg
0.73%
3Y Avg
4.74%
5Y Avg
4.68%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Digital Currency X Technology Inc. (DCX) | $6.99M | -1.21% | N/A | N/A | N/A |
| Lobo Technologies Ltd. (LOBO)vs › | $6.65M | -38.05% | -27.88% | -8.25% | 6.19% |
| Aterian, Inc. (ATER)vs › | $7.36M | -86.63% | -46.22% | -97.64% | -71.55% |
| MKDWELL Tech Inc. (MKDW)vs › | $5.88M | -2.48% | -94.14% | -58.15% | -52.33% |
| America's Car-Mart, Inc. (CRMT)vs › | $8.41M | -4.04% | -1.76% | 0.62% | 4.52% |
| Jowell Global Ltd. (JWEL)vs › | $5.46M | -40.70% | -42.29% | -38.52% | -25.44% |
| Natural Health Trends Corp. (NHTC)vs › | $8.53M | -12.39% | -5.26% | -3.34% | -1.90% |
| Newton Golf Company (NWTG)vs › | $5.32M | N/A | -778.14% | -428.20% | -428.20% |
| INNEOVA Holdings Ltd (INEO)vs › | $5.30M | -0.02% | 0.73% | 4.74% | 4.68% |
| Fort Technology Inc. Common Shares (FRTT)vs › | $8.97M | -33.68% | -19.89% | -19.89% | -4.86% |
ROIC
-1.2%
ROE
0.6%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2023-03-31 | -1.21% |
| 2022-12-31 | -0.27% |
