Ayala Pharmaceuticals ROIC
What is the ROIC of Ayala Pharmaceuticals?
The ROIC of Ayala Pharmaceuticals Inc. is -39.36%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Health Care sector on NASDAQ compared to Ayala Pharmaceuticals
What does Ayala Pharmaceuticals do?
advaxis (nasdaq: adxs) is a late -stage biotechnology company developing multiple cancer immunotherapies based on its proprietary platform that redirects the immune system to kill cancer. the advaxis technology, using bioengineered live attenuated bacteria, listeria monocytogenes (lm), actively suppresses key components in the tumor microenvironment that contribute to the tumors growth and protection from immunologic attack.
Companies with roic similar to Ayala Pharmaceuticals
- Oncimmune plc has ROIC of -39.49%
- China Rapid Finance has ROIC of -39.48%
- Jiu Zun Digital Interactive Entertainment has ROIC of -39.41%
- Livehire has ROIC of -39.38%
- Codexis has ROIC of -39.37%
- Unity Biotechnology Inc has ROIC of -39.37%
- Ayala Pharmaceuticals has ROIC of -39.36%
- Cranstown Capital has ROIC of -39.34%
- Copper Lake Resources has ROIC of -39.32%
- Aclaris Therapeutics Inc has ROIC of -39.31%
- Planet Green Corp has ROIC of -39.31%
- Silence Therapeutics Plc has ROIC of -39.30%
- Workhorse has ROIC of -39.30%