AgriFORCE Growing Systems (AGRIW) Return on Invested Capital (ROIC)

Price: $0.0046
Market Cap: $69.23K
Avg Volume: -
Country: CA
Industry: Agricultural Farm Products
Sector: Consumer Defensive
Beta: 0.079
52W Range: $0.0046-0.008
Website: AgriFORCE Growing Systems

Return on Invested Capital (ROIC) Summary

AgriFORCE Growing Systems's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: -87.86%
  • Quarterly: -143.59%
  • TTM: -215.17%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess AgriFORCE Growing Systems's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -137.00%
    • Quarterly: -87.67%
    • TTM: -196.08%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -67.56%
    • Quarterly: -54.18%
    • TTM: -161.24%

These metrics provide insights into AgriFORCE Growing Systems's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

-87.86%

Quarterly ROIC

-143.59%

TTM ROIC

-215.17%

AgriFORCE Growing Systems Historical ROIC
8000.00%8000.00%6000.00%6000.00%4000.00%4000.00%2000.00%2000.00%0.00%0.00%-2000.00%-2000.00%ROIC201920192020202020212021202220222023202320242024
Historical ROE
8000.00%8000.00%6000.00%6000.00%4000.00%4000.00%2000.00%2000.00%0.00%0.00%-2000.00%-2000.00%ROE201920192020202020212021202220222023202320242024
Historical ROA
0.00%0.00%-300.00%-300.00%-600.00%-600.00%-900.00%-900.00%-1200.00%-1200.00%-1500.00%-1500.00%ROA201920192020202020212021202220222023202320242024

AgriFORCE Growing Systems Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROIC ROE ROA
2023 -87.86% -137.00% -67.56%
2022 -69.19% -89.89% -43.38%
2021 -92.37% -89.08% -60.57%
2020 -223.00% -220.71% -92.03%
2019 -171.06% -171.06% -117.22%
2018 6905.35% 6847.60% -1224.77%