Live Nation Entertainment Inc ROIC
Cos'è ROIC di Live Nation Entertainment Inc?
ROIC di Live Nation Entertainment Inc è 6.23%
Qual è la definizione di 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 di aziende nel Communication Services settore su NYSE rispetto a Live Nation Entertainment Inc
Cosa fa Live Nation Entertainment Inc?
named one of the top 100 indemand employers in north america by linkedin, live nation is the global leader in live entertainment and ticketing, and we offer a world of opportunity. our ticketmaster team doesn't just embrace new technology, we develop ground-breaking software and applications to support our world-leading ticketing platform. our mix of legendary and brand new venues and restaurants, including the house of blues, offer an array of hospitality careers. and our unparalleled roster of artists are supported by diverse professionals in all facets of finance, marketing and other corporate operations. generous vacation, healthcare and retirement benefits are just the foundation of supporting our global workforce of more than 10,000. we offer continuing professional development in addition to tuition reimbursement. we also provide paid time off to bond with a new child (plus a bonus to help with expenses); paid time off to care for a sick child and to volunteer for causes that
Aziende con roic simili a Live Nation Entertainment Inc
- Henkel AG & Co. KGaA ha ROIC di 6.22%
- Henkel AG & Co. KGaA ha ROIC di 6.22%
- Sinopharm Co ha ROIC di 6.22%
- Canada Goose Inc ha ROIC di 6.23%
- TeamLease Services ha ROIC di 6.23%
- Man Industries (India) ha ROIC di 6.23%
- Live Nation Entertainment Inc ha ROIC di 6.23%
- Kumulus Vape S.A ha ROIC di 6.23%
- Sobha ha ROIC di 6.23%
- Zydus Wellness ha ROIC di 6.23%
- AB Volvo (publ) ha ROIC di 6.24%
- Volvo AB ha ROIC di 6.24%
- Chindata Ltd ha ROIC di 6.24%