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African Gold Acquisition Corp
NYSE:AGAC

Watchlist Manager
African Gold Acquisition Corp
NYSE:AGAC
Watchlist
Price: 10.12 USD
Updated: Apr 26, 2024

ROIC
Return on Invested Capital

-0.4%
Current
-0.4%
Average
-1.2%
Industry

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
-0.4%
=
NOPAT
-1.6m
/
Invested Capital
414.4m

ROIC Across Competitors

ROIC Comparison
African Gold Acquisition Corp Competitors

Country ZA
Market Cap 158.6m USD
ROIC
0%
Country CA
Market Cap 549.1B 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 IN
Market Cap 10T INR
ROIC
0%
Country NL
Market Cap 76.5B 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 692.5T IDR
ROIC N/A

Profitability Report

View the profitability report to see the full profitability analysis for African Gold Acquisition Corp.

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
-0.4%
=
NOPAT
-1.6m
/
Invested Capital
414.4m
What is the ROIC of African Gold Acquisition Corp?

Based on African Gold Acquisition Corp's most recent financial statements, the company has ROIC of -0.4%.