ROIC společnosti Novabay Pharmaceuticals Inc
Jaká je hodnota metriky ROIC společnosti Novabay Pharmaceuticals Inc?
Hodnota metriky ROIC společnosti Novabay Pharmaceuticals Inc je -75.81%
Jaká je definice metriky 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 společností v sektoru Health Care sektor na NYSEMKT ve srovnání se společností Novabay Pharmaceuticals Inc
Čemu se věnuje společnost Novabay Pharmaceuticals Inc?
novabay pharmaceuticals $nby is a biopharmaceutical company focusing, commercializing and developing its non-antibiotic anti-infective products to address the unmet therapeutic needs of the global eye care market. novabay has two distinct product categories: the neutrox™ family of products, led by avenova™ for the eye care market, neutrophase® for wound care, and cellerx™ for the dermatology market; and aganocide® compounds, led by auriclosene™. novabay is commercializing avenova, a prescription lid and lash hygiene product for the management of the chronic eye conditions of blepharitis and meibomian gland dysfunction – also known as dry eye syndrome. these difficult-to-manage conditions affect approximately 30 million americans, with an annual market potential that novabay estimates at $500 million. novabay is gaining market traction with avenova through its 35-medical direct sales representatives under veteran leadership. avenova is available for order in 90% of all pharmacies across
Firmy s metrikou roic podobnou společnosti Novabay Pharmaceuticals Inc
- Hodnota metriky ROIC společnosti Milestone Pharmaceuticals Inc je -76.32%
- Hodnota metriky ROIC společnosti POET Technologies je -76.17%
- Hodnota metriky ROIC společnosti Clearside Biomedical Inc je -76.15%
- Hodnota metriky ROIC společnosti Regulus Therapeutics Inc je -75.99%
- Hodnota metriky ROIC společnosti GlycoMimetics Inc je -75.98%
- Hodnota metriky ROIC společnosti ESG Capital 1 je -75.91%
- Hodnota metriky ROIC společnosti Novabay Pharmaceuticals Inc je -75.81%
- Hodnota metriky ROIC společnosti American Well Corp je -75.80%
- Hodnota metriky ROIC společnosti New Leaf Ventures Inc je -75.48%
- Hodnota metriky ROIC společnosti Genesis Acquisition je -75.27%
- Hodnota metriky ROIC společnosti Torque Lifestyle Brands je -75.25%
- Hodnota metriky ROIC společnosti Torque Lifestyle Brands je -75.25%
- Hodnota metriky ROIC společnosti The Real Brokerage je -75.07%