Adit EdTech Acquisition Cor
NYSE:ADEX
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Adit EdTech Acquisition Cor Competitors
Country | US |
Market Cap | 50.4m USD |
ROIC |
14%
|
Country | CA |
Market Cap | 576.3B CAD |
ROIC |
-34%
|
Country | MY |
Market Cap | 1.6T MYR |
ROIC |
-1%
|
Country | US |
Market Cap | 301B USD |
ROIC | N/A |
Country | US |
Market Cap | 270.6B USD |
ROIC |
21 158%
|
Country | NL |
Market Cap | 79.4B Zac |
ROIC |
6%
|
Country | US |
Market Cap | 55.5B USD |
ROIC | N/A |
Country | US |
Market Cap | 55.2B USD |
ROIC |
-19%
|
Country | IN |
Market Cap | 4.6T INR |
ROIC |
13%
|
Country | US |
Market Cap | 53.9B USD |
ROIC | N/A |
Country | ID |
Market Cap | 629.3T IDR |
ROIC | N/A |
ROIC Distribution
ROIC Distribution
N/A Industry
Profitability Report
View the profitability report to see the full profitability analysis for Adit EdTech Acquisition Cor.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Adit EdTech Acquisition Cor's most recent financial statements, the company has ROIC of 13.6%.