RETURN ON INVESTED CAPITAL (ROIC) is a measure of how effectively a company uses the money (owned or borrowed) invested in its company operations. It is calculated by: net income after taxes / (total assets less excess cash minus non-interest-bearing liabilities).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). return on invested capital (roic). Retrieved October 1, 2026, from http://smartdefine.org/return_on_invested_capital_(roic)/definitions/1162477 |
| Chicago | Barry Goldsmith. 2010. "return on invested capital (roic)" http://smartdefine.org/return_on_invested_capital_(roic)/definitions/1162477 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, return on invested capital (roic), Smart Define, viewed 1 October, 2026, <http://smartdefine.org/return_on_invested_capital_(roic)/definitions/1162477>. |
| MLA | Barry Goldsmith. "return on invested capital (roic)" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/return_on_invested_capital_(roic)/definitions/1162477> |