Shift Technologies (SFT) Return on Invested Capital (ROIC)

Price: $0.1703
Market Cap: $2.89M
Avg Volume: 173.14M
Country: US
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Beta: 1.417868
52W Range: $0.1451-0.289
Website: Shift Technologies

Return on Invested Capital (ROIC) Summary

Shift Technologies's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: -106.90%
  • Quarterly: -32.68%
  • TTM: -106.90%

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 Shift Technologies's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 287.76%
    • Quarterly: 19.71%
    • TTM: -2221.90%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: -69.37%
    • Quarterly: -23.41%
    • TTM: -69.37%

These metrics provide insights into Shift Technologies'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

-106.90%

Quarterly ROIC

-32.68%

TTM ROIC

-106.90%

Shift Technologies Historical ROIC

-0.00%-0.00%-10.75%-10.75%-21.50%-21.50%-32.25%-32.25%-43.00%-43.00%-53.75%-53.75%-64.50%-64.50%-75.24%-75.24%-85.99%-85.99%-96.74%-96.74%-107.49%-107.49%ROIC-106.90%-57.76%-30.85%-107.49%20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023

Historical ROE

330.93%330.93%275.75%275.75%220.56%220.56%165.38%165.38%110.20%110.20%55.02%55.02%-0.16%-0.16%-55.34%-55.34%-110.53%-110.53%-165.71%-165.71%-220.89%-220.89%ROE287.76%-220.89%-28.16%-194.46%20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023

Historical ROA

-0.00%-0.00%-10.18%-10.18%-20.36%-20.36%-30.54%-30.54%-40.72%-40.72%-50.90%-50.90%-61.09%-61.09%-71.27%-71.27%-81.45%-81.45%-91.63%-91.63%-101.81%-101.81%ROA-69.37%-45.46%-21.40%-101.81%20202020Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023

Shift Technologies Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2022.

Year ROIC ROE ROA
2022 -106.90% 287.76% -69.37%
2021 -57.76% -220.89% -45.46%
2020 -30.85% -28.16% -21.40%
2019 -107.49% -194.46% -101.81%

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