co.don AG ROIC
What is the ROIC of co.don AG?
The ROIC of co.don AG is -32.28%
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 XETRA compared to co.don AG
What does co.don AG do?
co.don AG engages in cell cultivation for the regenerative treatment of articular cartilage and spinal disc defects worldwide. The company develops, produces, and markets autologous cell therapies for the minimally invasive repair of cartilage damage to knee joints following traumatic or degenerative defects. Its therapies include matrix-associated autologous cartilage transplantation, a biological therapy for the treatment of damaged articular cartilage with the body's own cells; and autologous chondrocyte transplantation for the regeneration of biomechanical load-bearing and pressure-resistant cartilage tissue. co.don AG was founded in 1993 and is headquartered in Teltow, Germany.
Companies with roic similar to co.don AG
- InfraStrata Plc has ROIC of -32.36%
- Agios Pharmaceuticals Inc has ROIC of -32.36%
- U.S has ROIC of -32.33%
- Atrum Coal has ROIC of -32.33%
- Gracell Biotechnologies has ROIC of -32.33%
- LongFin Corp has ROIC of -32.28%
- co.don AG has ROIC of -32.28%
- Chinook Therapeutics has ROIC of -32.26%
- AIM4 Ventures has ROIC of -32.17%
- C4 Therapeutics has ROIC of -32.17%
- GreenPower Motor Co has ROIC of -32.14%
- Silver Wolf Exploration has ROIC of -32.11%
- Midas Gold has ROIC of -32.11%