Converge Technology Solutions (CTS.TO) Return on Invested Capital (ROIC)

Price: $5.47
Market Cap: $1.03B
Avg Volume: 1.41M
Country: CA
Industry: Information Technology Services
Sector: Technology
Beta: 1.64
52W Range: $2.9-5.995
Website: Converge Technology Solutions

Return on Invested Capital (ROIC) Summary

Converge Technology Solutions's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 0.00%
  • Quarterly: 0.00%
  • TTM: 3.29%

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 Converge Technology Solutions's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: -49.54%
    • Quarterly: -2.56%
    • TTM: -42.72%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -8.13%
    • Quarterly: -0.42%
    • TTM: -8.13%

These metrics provide insights into Converge Technology Solutions'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

0.00%

Quarterly ROIC

0.00%

TTM ROIC

3.29%

Converge Technology Solutions Historical ROIC

1385.09%1385.09%1245.67%1245.67%1106.25%1106.25%966.83%966.83%827.41%827.41%687.99%687.99%548.57%548.57%409.15%409.15%269.73%269.73%130.31%130.31%-9.11%-9.11%ROIC0.00%1.44%6.91%4.22%14.06%7.38%2.33%-9.11%1204.43%201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROE

1385.09%1385.09%1241.63%1241.63%1098.17%1098.17%954.70%954.70%811.24%811.24%667.78%667.78%524.31%524.31%380.85%380.85%237.39%237.39%93.92%93.92%-49.54%-49.54%ROE-49.54%-0.25%4.55%2.67%-4.10%109.75%404.88%93.00%1204.43%201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROA

1.40%1.40%-32638.74%-32638.74%-65278.88%-65278.88%-97919.02%-97919.02%-130559.16%-130559.16%-163199.30%-163199.30%-195839.44%-195839.44%-228479.58%-228479.58%-261119.72%-261119.72%-293759.86%-293759.86%-326400.00%-326400.00%ROA-8.13%-0.07%1.21%1.20%-0.58%-2.22%-7.12%-3.60%-326400.00%201720172018201820192019202020202021202120222022202320232024202420252025

Converge Technology Solutions Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 0.00% -49.54% -8.13%
2023 1.44% -0.25% -0.07%
2022 6.91% 4.55% 1.21%
2021 4.22% 2.67% 1.20%
2020 14.06% -4.10% -0.58%
2019 7.38% 109.75% -2.22%
2018 2.33% 404.88% -7.12%
2017 -9.11% 93.00% -3.60%
2016 1204.43% 1204.43% -326400.00%

Related Metrics

Explore detailed financial metrics and analysis for CTS.TO.

Financial Analysis
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Company Intelligence
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Valuation
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Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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Dividends
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