Return On Capital - ROIC Formula

ROIC Formula

Note that the numerator in the ROIC fraction does not subtract interest expense, because denominator includes debt capital.

Read more about this topic:  Return On Capital

Famous quotes containing the word formula:

    ““It’s hard enough to adjust [to the lack of control] in the beginning,” says a corporate vice president and single mother. “But then you realize that everything keeps changing, so you never regain control. I was just learning to take care of the belly-button stump, when it fell off. I had just learned to make formula really efficiently, when Sarah stopped using it.””
    —Anne C. Weisberg (20th century)