ROIC Less NNEP Spread (ROIC-NNEP)

The financial metric "ROIC Less NNEP Spread" (ROIC-NNEP) is a calculation that compares a company's return on invested capital (ROIC) to its net new equity issuance percentage (NNEP) spread. ROIC measures how efficiently a company is utilizing its capital to generate profits, while NNEP measures the percentage change in equity issuance over a given period.

A high ROIC-NNEP spread suggests that a company is generating strong returns on its capital while limiting the dilution of its shares through equity issuance. This can be an indicator of a well-managed company with a sustainable business model. A low or negative ROIC-NNEP spread may indicate that a company is struggling to generate profits or is resorting to increased equity issuance to fund its operations, which can be a concern for investors.

Overall, ROIC-NNEP can provide investors with valuable insight into a company's financial health and management strategy.

Additional Details

Metric Name	Type	Default Period Type
roic_nnep_spread	fin_metric	FY

Formatting Details

Data Format	Display Format	Unit
float	perc	percentage