AQIA (Aquiva Group) ROIC %: -115.47% (As of Sep. 2008)


What is Aquiva Group ROIC %?

Aquiva Group AQIA ROIC % is -115.47% as of Sep. 2008.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Aquiva Group's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2008 was -115.47%.

As of today (2026-06-28), Aquiva Group's WACC % is 0.00%. Aquiva Group's ROIC % is 0.00% (calculated using TTM income statement data). Aquiva Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Aquiva Group  (OTCPK:AQIA) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Aquiva Group's WACC % is 0.00%. Aquiva Group's ROIC % is 0.00% (calculated using TTM income statement data). Aquiva Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Aquiva Group ROIC % Related Terms

Aquiva Group ROIC % Historical Data

* Premium members only.

The historical data trend for Aquiva Group's ROIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aquiva Group ROIC % Chart

Aquiva Group Annual Data
Trend Mar06 Mar07 Mar08
ROIC %
0.00 0.00 -1.14

Aquiva Group Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 -11.16 6.10 -60.02 -115.47

AQIA vs LOGQ, MUSS, KLMN: ROIC % Comparison

For the Software - Application subindustry, Aquiva Group's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aquiva Group ROIC % vs Software Industry

For the Software industry and Technology sector, Aquiva Group's ROIC % distribution charts can be found below:

* The bar in red indicates where Aquiva Group's ROIC % falls into.


Aquiva Group ROIC % Calculation

Aquiva Group's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2008 is calculated as:

ROIC % (A: Mar. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2007 ) + Invested Capital (A: Mar. 2008 ))/ count )
=-0.136 * ( 1 - 0% )/( (0 + 11.957)/ 2 )
=-0.136/5.9785
=-2.27 %

where

Invested Capital(A: Mar. 2007 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.002 - 0.001 - ( 0.002 - max(0, 0.001 - 0.002+0.002))
=0

Invested Capital(A: Mar. 2008 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8.044 - 0 - ( 0.531 - max(0, 4.45 - 0.537+0.531))
=11.957

Aquiva Group's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2008 is calculated as:

ROIC % (Q: Sep. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2008 ) + Invested Capital (Q: Sep. 2008 ))/ count )
=-9.28 * ( 1 - 0% )/( (7.931 + 8.142)/ 2 )
=-9.28/8.0365
=-115.47 %

where

Invested Capital(Q: Jun. 2008 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7.956 - 0 - ( 0.025 - max(0, 0 - 0.03+0.025))
=7.931

Invested Capital(Q: Sep. 2008 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8.166 - 0 - ( 0.024 - max(0, 0 - 0.027+0.024))
=8.142

Note: The Operating Income data used here is four times the quarterly (Sep. 2008) data. The tax rate is limited to between 0% and 100%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of -115.47% mean?
Aquiva Group (AQIA) has a ROIC % of -115.47% as of Sep. 2008. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Aquiva Group and its competitors.
Is Aquiva Group's ROIC % too high?
Aquiva Group's current ROIC % is -115.47%.
How does Aquiva Group's ROIC % compare to LOGQ and MUSS?
Aquiva Group's ROIC % of -115.47% can be compared against companies in the Software industry. The industry median ROIC % is 3.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Software company?
The median ROIC % among Software companies is 3.03, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Aquiva Group and its competitors. For the Software industry, the median ROIC % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aquiva Group's current ROIC % is -115.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aquiva Group stock overvalued right now?
Aquiva Group (AQIA) has a current ROIC % of -115.47%. The current ROIC % is -115.47%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Aquiva Group (AQIA), the current ROIC % is -115.47% as of Sep. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aquiva Group Business Description

Address No. 3 Bethesda Metro Center, Suite 700, Bethesda, MD, USA, 20814
Aquiva Group Inc is focused on commercializing materials science technologies in both existing and emerging markets. It has licensed a novel HiPNATM (Hydrogel with InterPenetrating Network Anchor) technology, branded as AquiFormTM, which is a versatile material with key properties, making it an attractive platform for various applications. These applications include transdermal patches that release active ingredients for skin care, nutraceuticals, and other healthcare and cosmetics markets. The company operates across three segments: Consumer Health, Wellness, & Cosmetics; Medical Device; and Therapeutics & Transdermal Drug-Delivery Systems (TDS). Additionally, it is building on an established partnership network and capabilities in contract development to expand its services to new areas.