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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) ROIC % : 0.00% (As of Oct. 2017)


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What is Indo Global Exchange(s) Pte ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Indo Global Exchange(s) Pte's annualized return on invested capital (ROIC %) for the quarter that ended in Oct. 2017 was 0.00%.

As of today (2024-06-17), Indo Global Exchange(s) Pte's WACC % is 0.00%. Indo Global Exchange(s) Pte's ROIC % is 0.00% (calculated using TTM income statement data). Indo Global Exchange(s) Pte earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Indo Global Exchange(s) Pte ROIC % Historical Data

The historical data trend for Indo Global Exchange(s) Pte'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.

* Premium members only.

Indo Global Exchange(s) Pte ROIC % Chart

Indo Global Exchange(s) Pte Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -169.46 -696.00 -1,741.70 -

Indo Global Exchange(s) Pte Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.82 - - - -

Competitive Comparison of Indo Global Exchange(s) Pte's ROIC %

For the Drug Manufacturers - Specialty & Generic subindustry, Indo Global Exchange(s) Pte'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.

Indo Global Exchange(s) Pte's ROIC % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indo Global Exchange(s) Pte's ROIC % distribution charts can be found below:

* The bar in red indicates where Indo Global Exchange(s) Pte's ROIC % falls into.


Indo Global Exchange(s) Pte ROIC % Calculation

Indo Global Exchange(s) Pte's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jul. 2017 is calculated as:

ROIC % (A: Jul. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jul. 2016 ) + Invested Capital (A: Jul. 2017 ))/ count )
=0 * ( 1 - 0% )/( (0.136 + 0.136)/ 2 )
=0/0.136
=0.00 %

where

Invested Capital(A: Jul. 2016 )
=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 - 0.351 - ( 0 - max(0, 0.487 - 0+0))
=0.136

Invested Capital(A: Jul. 2017 )
=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 - 0.351 - ( 0 - max(0, 0.487 - 0+0))
=0.136

Indo Global Exchange(s) Pte's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Oct. 2017 is calculated as:

ROIC % (Q: Oct. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2017 ) + Invested Capital (Q: Oct. 2017 ))/ count )
=0 * ( 1 - 0% )/( (0.136 + 0.136)/ 2 )
=0/0.136
=0.00 %

where

Invested Capital(Q: Jul. 2017 )
=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 - 0.351 - ( 0 - max(0, 0.487 - 0+0))
=0.136

Invested Capital(Q: Oct. 2017 )
=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 - 0.351 - ( 0 - max(0, 0.487 - 0+0))
=0.136

Note: The Operating Income data used here is four times the quarterly (Oct. 2017) data.

* 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.

Indo Global Exchange(s) Pte  (OTCPK:IGEX) 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, Indo Global Exchange(s) Pte's WACC % is 0.00%. Indo Global Exchange(s) Pte's ROIC % is 0.00% (calculated using TTM income statement data).

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.

Indo Global Exchange(s) Pte ROIC % Related Terms

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Indo Global Exchange(s) Pte (Indo Global Exchange(s) Pte) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indo Global Exchange(s) Pte Ltd (OTCPK:IGEX) » Definitions » ROIC %
Comparable Companies
PHIL AAMTF QMCI DIGAF GAHC IFMI PNPFF GOPH MNTR FGCO TST NHLD FBRC CSGGF SIEB CURN JMP AMRK CFLSF AC
Traded in Other Exchanges
N/A
Address
6400 S. Fiddlers Green, No. 250 No.1012, Greenwood Village, CO, USA, 80111
Website
https://www.indogloex.com
Indo Global Exchange(s) Pte Ltd is a holding company. The company is focusing on developing assets within the pharmaceutical and nutraceutical industries.