释义 |
Return on Gross Invested Capital
Return on Gross Invested CapitalA measure of a company's return on its total capital, expressed as a percentage. ROGIC is calculated by taking the company's returns and dividing by the total amount of capital it has invested (that is, the value of common stock, preferred stock, and bonds) and multiplying the quotient by 100. ROGIC is an important measure because it does not take into account depreciation and amortization, which means that the company's return cannot be artificially inflated through non-cash earnings.AcronymsSeeROGIC |