Definitions by Seahen
You are on the way to destruction
You are on the way to destruction by Seahen August 6, 2006
ROC
Return on Capital. Net income (or profit) before extraordinary items, interest expense and income taxes, divided by weighted average cost of capital (WACC). Shows how effectively a company is employing its capital (shareholders' equity and borrowings) to generate profits. Still widely used to evaluate financial institutions, but of limited use in other sectors.