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AltC Acquisition Corp
NYSE:ALCC

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AltC Acquisition Corp
NYSE:ALCC
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Price: 12.5 USD -1.34% Market Closed
Updated: Apr 19, 2024

ROIC
Return on Invested Capital

-0.7%
Current
-0.5%
Average
-1.2%
Industry
Negative for the last year
-0.7%
Negative average
-0.5%
Worse than average
Better 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
-0.7%
=
NOPAT
-2.8m
/
Invested Capital
407.9m

ROIC Across Competitors

ROIC Comparison
AltC Acquisition Corp Competitors

Country US
Market Cap 538.8m USD
ROIC
-1%
Country CA
Market Cap 557.5B CAD
ROIC
-34%
Country US
Market Cap 301B USD
ROIC N/A
Country US
Market Cap 270.6B USD
ROIC
21 158%
Country NL
Market Cap 77.2B 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 US
Market Cap 37.5B EUR
ROIC
41%
Country ID
Market Cap 645.4T IDR
ROIC N/A
Country US
Market Cap 38.4B USD
ROIC N/A

Profitability Report

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

See Also

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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
-0.7%
=
NOPAT
-2.8m
/
Invested Capital
407.9m
What is the ROIC of AltC Acquisition Corp?

Based on AltC Acquisition Corp's most recent financial statements, the company has ROIC of -0.7%.