Your doctor will examine your eyes to determine if you are a candidate for this procedure. LASIK is not recommended if you have diabetes, a history of herpes simplex or herpes zoster keratitis, significant dry eye, or severe allergies. You should not have this procedure if you are pregnant or nursing, show signs of corneal thinning, or take medications with eye-related side effects, such as Isotretinoin (Accutane®) for acne treatment or Amiodarone hydrochloride (Cordarone®) for normalizing heart rhythm. You should not have LASIK if you have collagen vascular (such as rheumatoid arthritis), autoimmune, or an immunodeficiency disease because they affect the body's ability to heal. The iFS® laser is a surgical laser that can be used to create flaps for use in LASIK surgery.
Only an eye care professional trained in laser vision correction can determine if you are a candidate for this procedure. It is earning excess returns.LASIK (laser-assisted in situ keratomileusis) is a laser surgery procedure that permanently changes the shape of the cornea to reduce or eliminate nearsightedness, farsightedness, or mixed visual irregularities due to an abnormal curve in the cornea (astigmatism). Johnson & Johnson generates higher returns on investment than it costs the company to raise the capital needed for that investment. Johnson & Johnson's ROIC % is 17.97% (calculated using TTM income statement data). 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.Īs of today, Johnson & Johnson's WACC % is 5.83%. 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. 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.īecause it costs money to raise capital. The third is the use of book values for invested capital, rather than market values. 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 first is the use of operating income or EBIT rather than net income in the numerator. There are four key components to this definition. 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. ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. Johnson & Johnson (NYSE:JNJ) ROIC % Explanation Payments to Suppliers for Goods and Services.Other Cash Receipts from Operating Activities.Other Cash Payments from Operating Activities.Cash Received from Insurance Activities.Cash Receipts from Securities Related Activities.Cash Receipts from Operating Activities.Cash Receipts from Fees and Commissions.Cash Receipts from Deposits by Banks and Customers.Cash Payments for Deposits by Banks and Customers.Cash from Discontinued Operating Activities.Cash From Discontinued Investing Activities.Short-Term Debt & Capital Lease Obligation.Other Liabilities for Insurance Companies.Long-Term Debt & Capital Lease Obligation.Inventories, Raw Materials & Components.Cash, Cash Equivalents, Marketable Securities.Accumulated other comprehensive income (loss).Accounts Payable & Accrued Expense for Financial Companies.Depreciation, Depletion and Amortization.Margin of Safety % (DCF Earnings Based).Float Percentage Of Total Shares Outstanding.