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Dror Ortho-Design (Dror Ortho-Design) ROC (Joel Greenblatt) % : -611,400.00% (As of Dec. 2023)


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What is Dror Ortho-Design 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. Dror Ortho-Design's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -611,400.00%.

The historical rank and industry rank for Dror Ortho-Design's ROC (Joel Greenblatt) % or its related term are showing as below:

DROR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -175160   Med: -1284.18   Max: -23.53
Current: -160414.29

During the past 10 years, Dror Ortho-Design's highest ROC (Joel Greenblatt) % was -23.53%. The lowest was -175160.00%. And the median was -1284.18%.

DROR's ROC (Joel Greenblatt) % is ranked worse than
99.83% of 575 companies
in the Interactive Media industry
Industry Median: -0.05 vs DROR: -160414.29

Dror Ortho-Design's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Dror Ortho-Design ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dror Ortho-Design'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.

Dror Ortho-Design ROC (Joel Greenblatt) % Chart

Dror Ortho-Design Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -56,166.67 -175,160.00

Dror Ortho-Design Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only -78,400.00 -6,666.67 - -111,000.00 -611,400.00

Competitive Comparison of Dror Ortho-Design's ROC (Joel Greenblatt) %

For the Electronic Gaming & Multimedia subindustry, Dror Ortho-Design'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.


Dror Ortho-Design's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Dror Ortho-Design's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Dror Ortho-Design's ROC (Joel Greenblatt) % falls into.



Dror Ortho-Design 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.147 + 0 + -0.0010000000000003) - (0.981 + 0 + 0)
=-0.835

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.04) - (0.297 + 0 + 0)
=-0.257

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dror Ortho-Design for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.228/( ( (0.002 + max(-0.835, 0)) + (0.002 + max(-0.257, 0)) )/ 2 )
=-12.228/( ( 0.002 + 0.002 )/ 2 )
=-12.228/0.002
=-611,400.00 %

Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


Dror Ortho-Design  (OTCPK:DROR) 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.


Dror Ortho-Design ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Dror Ortho-Design's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Dror Ortho-Design (Dror Ortho-Design) Business Description

Traded in Other Exchanges
N/A
Address
100 Merrick Road, Suite 400W, Rockville Center, New York, NY, USA, 11570
Dror Ortho-Design Inc Formerly Novint Technologies Inc is engaged in the development and sale of 3D haptics products and equipment. The company's focus is on the consumer interactive computer gaming market, but it also does project work in other areas. Its operations are based in New Mexico with sales of its haptics products primarily to consumers through retail outlets.
Executives
Eliyahu Haddad director, officer: Chief Executive Officer SHATNER STREET 3, JERUSALEM L3 NA
Chaim Ravad director SHATNER STREET 3, JERUSALEM L3 NA
Yehuda Englander director SHATNER STREET 3, JERUSALEM L3 NA
Moshe Shvets director, officer: Chief Technology Officer SHATNER STREET 3, JERUSALEM L3 NA
Chaim Hurvitz director C/O GALMED PHARMACEUTICALS LTD., 8 SHAUL, HAMELECH BLVD, AMOT HAMISHPAT BLDG., TEL AVIV L3 64733
Orin Hirschman director, officer: Chief Executive Officer 101 EAST 52ND ST, NEW YORK NY 10022
Ryan Christoff director 480 JOHNSON ROAD SUITE 303, WASHINGTON PA 15301
Congregation Ahavas Tzdokah Vchesed Inc. 10 percent owner, other: See Explanation of Responses 1347 42ND STREET, BROOKLYN NY 11219
Ellis International L.p. other: See Explanation of Responses 100 MERRICK ROAD, SUITE 400W, ROCKVILLE CENTRE NY 11570
Brian W Long director 1010 OHIO RIVER BLVD., PITTSBURGH PA 15202
Shannon Lee Vissman director, 10 percent owner 1241 TURNBERRY DRIVE, UPPER ST. CLAIR PA 15241
Jan K Richardson director 1821 HILLANDALE RD., SUITE 307, DURHAM NC 27705
Aigh Investment Partners, Llc 10 percent owner 6006 BERKELEY AVENUE, BALTIMORE MD 21209
V Gerald Grafe director 901 RIO GRANDE BOULEVARD NW, BUILDING H, SUITE 262, ALBUQUERQUE NM 87104
Walter A Aviles 10 percent owner, officer: Chief Technical Officer 9620 SAN MATEO BOULEVARD NE, ALBUQUERQUE NM 87113

Dror Ortho-Design (Dror Ortho-Design) Headlines