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Aldel Financial Inc
NYSE:ADF

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Aldel Financial Inc
NYSE:ADF
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Price: 11.01 USD 3.28% Market Closed
Updated: Apr 25, 2024

ROIC
Return on Invested Capital

0%
Current
0%
Average
-1.2%
Industry
Negative for the last year
0%
Negative average
0%
Worse than average
Worse than industry value

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
0%
=
NOPAT
-1.5k
/
Invested Capital
116.9m

ROIC Across Competitors

ROIC Comparison
Aldel Financial Inc Competitors

Country US
Market Cap 0 USD
ROIC N/A
Country CA
Market Cap 551.2B CAD
ROIC
-34%
Country US
Market Cap 332.4B USD
ROIC
-2%
Country US
Market Cap 304.4B USD
ROIC N/A
Country US
Market Cap 270.6B USD
ROIC
21 158%
Country NL
Market Cap 76.2B Zac
ROIC
6%
Country US
Market Cap 55.5B USD
ROIC N/A
Country US
Market Cap 55.2B USD
ROIC
-19%
Country US
Market Cap 53.9B USD
ROIC N/A
Country ID
Market Cap 659.9T IDR
ROIC N/A
Country US
Market Cap 37.3B EUR
ROIC
41%

Profitability Report

View the profitability report to see the full profitability analysis for Aldel Financial Inc.

See Also

Discover More
What is 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
0%
=
NOPAT
-1.5k
/
Invested Capital
116.9m
What is the ROIC of Aldel Financial Inc?

Based on Aldel Financial Inc's most recent financial statements, the company has ROIC of 0%.