A ROIC az Mint Payments Limited - N/A
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.
Mint Payments Limited provides mobile payments and transaction services in Australia. The company provides omnichannel payment processing solutions that enable businesses to process and manage their payments. Its products include Mint mPOS solution; Move 5000, a payment processing tool that accepts payments on the shop floor or at the table; Virtual Terminal, a cloud based payment processing tool; Mint Online, an online payment gateway; and Enterprise and White Label solution. It serves the travel, hospitality, and professional services sectors. The company was formerly known as Mint Wireless Limited and changed its name to Mint Payments Limited in December 2014. Mint Payments Limited was incorporated in 2006 and is based in Gladesville, Australia.