Return on invested capital of Dynatronics

Benzinga Pro data, Dynatronics DYNT reported fourth quarter sales of $11.19 million. Profit fell to a loss of $1.57 million, dragging down 6.39% from last quarter. Dynatronics posted revenue of $10.32 million in the third quarter, but reported earnings showed a loss of $1.47 million.
What is ROCE?
Return on Capital Employed is a measure of annual pre-tax profit relative to capital employed by a business. Changes in profits and sales indicate changes in a company's ROCE. A higher ROCE is generally indicative of a company's successful growth and is a sign of higher earnings per share in the future. A low or negative ROCE suggests otherwise. In the fourth quarter, Dynatronics posted a ROCE of -0.07%.

Keep in mind that while ROCE is a good measure of a company's recent performance, it's not a very reliable indicator of company earnings or sales. a business in the near future.

ROCE is a powerful measure for comparing the efficiency of capital allocation for similar companies. A relatively high ROCE shows that Dynatronics is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital, which will generally lead to higher returns and ultimately growth in earnings per share ( EPS).

For Dynatronics, a negative ROCE ratio of -0.07% suggests management may not be allocating capital efficiently. Efficient capital allocation is a positive indicator that a business will achieve more sustainable success and favorable long-term returns; poor capital allocation can hurt a company's performance over time.
Estimated future income
Dynatronics reported fourth quarter earnings per share of -0.1 USD/share, which fell short of analysts' forecast of -0.08 USD/share.< /p>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Business Sep 23, 2022 0 53 Add to Reading List

Return on invested capital of Dynatronics

Benzinga Pro data, Dynatronics DYNT reported fourth quarter sales of $11.19 million. Profit fell to a loss of $1.57 million, dragging down 6.39% from last quarter. Dynatronics posted revenue of $10.32 million in the third quarter, but reported earnings showed a loss of $1.47 million.

What is ROCE?

Return on Capital Employed is a measure of annual pre-tax profit relative to capital employed by a business. Changes in profits and sales indicate changes in a company's ROCE. A higher ROCE is generally indicative of a company's successful growth and is a sign of higher earnings per share in the future. A low or negative ROCE suggests otherwise. In the fourth quarter, Dynatronics posted a ROCE of -0.07%.

Keep in mind that while ROCE is a good measure of a company's recent performance, it's not a very reliable indicator of company earnings or sales. a business in the near future.

ROCE is a powerful measure for comparing the efficiency of capital allocation for similar companies. A relatively high ROCE shows that Dynatronics is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital, which will generally lead to higher returns and ultimately growth in earnings per share ( EPS).

For Dynatronics, a negative ROCE ratio of -0.07% suggests management may not be allocating capital efficiently. Efficient capital allocation is a positive indicator that a business will achieve more sustainable success and favorable long-term returns; poor capital allocation can hurt a company's performance over time.

Estimated future income

Dynatronics reported fourth quarter earnings per share of -0.1 USD/share, which fell short of analysts' forecast of -0.08 USD/share.< /p>

This article was generated by Benzinga's automated content engine and reviewed by an editor.