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Baristas Coffee Co (Baristas Coffee Co) ROC (Joel Greenblatt) % : 48.00% (As of Mar. 2018)


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What is Baristas Coffee Co ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Baristas Coffee Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was 48.00%.

The historical rank and industry rank for Baristas Coffee Co's ROC (Joel Greenblatt) % or its related term are showing as below:

BCCI's ROC (Joel Greenblatt) % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 11.46
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Baristas Coffee Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Baristas Coffee Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Baristas Coffee Co's ROC (Joel Greenblatt) % 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.

* Premium members only.

Baristas Coffee Co ROC (Joel Greenblatt) % Chart

Baristas Coffee Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16
ROC (Joel Greenblatt) %
-1,282.67 -1,834.53 -507.92 -538.87

Baristas Coffee Co Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Mar18
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 220.29 -308.80 325.85 -90.77 48.00

Competitive Comparison of Baristas Coffee Co's ROC (Joel Greenblatt) %

For the Packaged Foods subindustry, Baristas Coffee Co's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Baristas Coffee Co's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Baristas Coffee Co's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Baristas Coffee Co's ROC (Joel Greenblatt) % falls into.



Baristas Coffee Co ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.004 + 0.002) - (1.395 + 0 + 0)
=-1.389

Working Capital(Q: Mar. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.005 + 0.067) - (1.37 + 0 + -2.2204460492503E-16)
=-1.298

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Baristas Coffee Co for the quarter that ended in Mar. 2018 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2017  Q: Mar. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.048/( ( (0.188 + max(-1.389, 0)) + (0.012 + max(-1.298, 0)) )/ 2 )
=0.048/( ( 0.188 + 0.012 )/ 2 )
=0.048/0.1
=48.00 %

Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

* 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.


Baristas Coffee Co  (OTCPK:BCCI) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Baristas Coffee Co ROC (Joel Greenblatt) % Related Terms

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Baristas Coffee Co (Baristas Coffee Co) Business Description

Traded in Other Exchanges
N/A
Address
2926 184th Place Southeast, Bothell, WA, USA, 98012
Baristas Coffee Co Inc is a United States-based company. It manufactures and sells coffee-related products under the Baristas brand. Also, the company sells CBD-infused coffee under the EnrichaRoast CBD brand, and it also markets other coffee-related products. The company's products include Baristas White Coffee and Baristas CBD Coffee. It also manufactures and markets a Coffee based line of cosmetics namely its "Morning Mask" label is derived from its raw high-end coffee goods.

Baristas Coffee Co (Baristas Coffee Co) Headlines

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