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Lime Energy Co (Lime Energy Co) ROC (Joel Greenblatt) % : 269.18% (As of Sep. 2016)


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What is Lime Energy 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. Lime Energy Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was 269.18%.

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

LIME's ROC (Joel Greenblatt) % is not ranked *
in the Hardware industry.
Industry Median: 9.59
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Lime Energy Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for Lime Energy 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.

Lime Energy Co ROC (Joel Greenblatt) % Chart

Lime Energy Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.62 -128.40 -559.59 -161.02 -82.86

Lime Energy Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 413.15 -133.14 -523.76 -215.28 269.18

Competitive Comparison of Lime Energy Co's ROC (Joel Greenblatt) %

For the Electronic Components subindustry, Lime Energy 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.


Lime Energy Co's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lime Energy Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Lime Energy 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: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.257 + 1.942 + 1.107) - (22.774 + 1.433 + 0.145)
=-3.046

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.262 + 1.791 + 0.841) - (26.178 + 1.481 + 0.144)
=-1.909

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lime Energy Co for the quarter that ended in Sep. 2016 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.152/( ( (3.021 + max(-3.046, 0)) + (3.036 + max(-1.909, 0)) )/ 2 )
=8.152/( ( 3.021 + 3.036 )/ 2 )
=8.152/3.0285
=269.18 %

Note: The EBIT data used here is four times the quarterly (Sep. 2016) 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.


Lime Energy Co  (OTCPK:LIME) 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.


Lime Energy Co ROC (Joel Greenblatt) % Related Terms

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Lime Energy Co (Lime Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
Lime Energy Co is a U.S based company which offers the utilities energy efficiency program delivery services targeted to their small and medium-sized business customers. Its programs help these businesses use less energy through the upgrade of existing equipment with new, more energy efficient equipment. These programs include energy efficient lighting upgrades, mechanical upgrades, water conservation measures, building controls, refrigeration, pool pumps, building shell improvements and appliance recycling.
Executives
Gregory T Barnum director
Adam C Procell officer: CEO and Presirent C/O WILLDAN, 12401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Carey William Russell Jr director 2202 NORTH WEST SHORE BLVD, 5TH FLOOR, TAMPA FL 33607
Robert J Manning director 1201 THIRD AVE, STE 4900, SEATTLE WA 98101
Robert D Wagner director COMFORT SYSTEMS USA, INC., 675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Cit Group Inc 10 percent owner 1 CIT DRIVE, LIVINGSTON NJ 07039
Frederic F Brace director 707 W. SMUGGLER ST, ASPEN CO 81611
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036

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