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Covista Communications (Covista Communications) 1-Year ROIIC % : 0.00% (As of Apr. 2005)


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What is Covista Communications 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Covista Communications's 1-Year ROIIC % for the quarter that ended in Apr. 2005 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Covista Communications's 1-Year ROIIC % or its related term are showing as below:

CVST's 1-Year ROIIC % is not ranked *
in the Telecommunication Services industry.
Industry Median: 2.03
* Ranked among companies with meaningful 1-Year ROIIC % only.

Covista Communications 1-Year ROIIC % Historical Data

The historical data trend for Covista Communications's 1-Year ROIIC % 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.

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Covista Communications 1-Year ROIIC % Chart

Covista Communications Annual Data
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1-Year ROIIC %
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Covista Communications Quarterly Data
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Competitive Comparison of Covista Communications's 1-Year ROIIC %

For the Telecom Services subindustry, Covista Communications's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Covista Communications's 1-Year ROIIC % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Covista Communications's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Covista Communications's 1-Year ROIIC % falls into.



Covista Communications 1-Year ROIIC % Calculation

Covista Communications's 1-Year ROIIC % for the quarter that ended in Apr. 2005 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -2.179 (Apr. 2005) - -1.823 (Apr. 2004) )/( 10.445 (Apr. 2005) - 29.296 (Apr. 2004) )
=-0.356/-18.851
=1.89%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Covista Communications  (OTCPK:CVST) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Covista Communications 1-Year ROIIC % Related Terms

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Covista Communications (Covista Communications) Business Description

Traded in Other Exchanges
N/A
Address
735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.
Executives
W Thorpe Mckenzie director 735 BROAD ST, STE 1105, CHATTANOOGA TN 37402
Jay J Miller director 430 EAST 57TH STREET SUITE 5 D, NEW YORK NY 10022

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