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LQR House (LQR House) ROC (Joel Greenblatt) % : -593.69% (As of Dec. 2023)


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What is LQR House 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. LQR House's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -593.69%.

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

LQR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1721.93   Med: -1615.79   Max: -206.18
Current: -547.1

During the past 3 years, LQR House's highest ROC (Joel Greenblatt) % was -206.18%. The lowest was -1721.93%. And the median was -1615.79%.

LQR's ROC (Joel Greenblatt) % is ranked worse than
99.53% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 15.375 vs LQR: -547.10

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


LQR House ROC (Joel Greenblatt) % Historical Data

The historical data trend for LQR House'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.

LQR House ROC (Joel Greenblatt) % Chart

LQR House Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-1,721.93 -1,615.79 -206.18

LQR House Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -101,600.00 -4,357.00 -593.69

Competitive Comparison of LQR House's ROC (Joel Greenblatt) %

For the Beverages - Wineries & Distilleries subindustry, LQR House'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.


LQR House's ROC (Joel Greenblatt) % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, LQR House's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where LQR House's ROC (Joel Greenblatt) % falls into.



LQR House 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)
=(0.141 + 0 + 1.474) - (0.654 + 0 + 0)
=0.961

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.172 + 0 + 7.838) - (0.462 + 0 + 0.00099999999999995)
=7.547

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of LQR House 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 )
=-25.312/( ( (0.011 + max(0.961, 0)) + (0.008 + max(7.547, 0)) )/ 2 )
=-25.312/( ( 0.972 + 7.555 )/ 2 )
=-25.312/4.2635
=-593.69 %

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.


LQR House  (NAS:LQR) 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.


LQR House ROC (Joel Greenblatt) % Related Terms

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


LQR House (LQR House) Business Description

Traded in Other Exchanges
N/A
Address
6800 Indian Creek Drive, Suite 1E, Miami Beach, FL, USA, 33141
LQR House Inc intends to become the full-service digital marketing and brand development face of the alcoholic beverage space. It also intends to integrate the supply, sales, and marketing facets of the alcoholic beverage space into one easy-to-use platform and become the one-stop shop for everything related to alcohol. The company's primary business includes the development of premium limited-batch spirit brands, establishing an exclusive wine club, and marketing internal and external brands through an exclusive agreement with a U.S.-based e-commerce portal. It believes that the marketing and brand management services it provides to its wholly owned and third-party clients will increase brand recognition thereof, and drive sales thereof through its e-commerce platform partner.
Executives
Sean Dollinger director, 10 percent owner, officer: Chief Executive Officer 6800 INDIAN CREEK DRIVE, SUITE 1E, MIAMI BEACH FL 33141
Gary L Herman director 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
James C. Huber director 127 FLORENCE DRIVE, JUPITER FL 33458
Kbros, Llc 10 percent owner 23658 SAN VICENTE ROAD, RAMONA CA 92065
Guy Dollinger director 283 RUE PICASSO, DOLLARD-DES-ORMEAUX A8 H9A 3K2
Jaclyn Hoffman officer: Chief Marketing Officer 166 2ND AVENUE, APT 2A, NEW YORK NY 10003
Kumar Abhishek officer: Chief Financial Officer 25/3A, RAIL VIHAR, SECTOR 56, GURGAON K7 122002
Darren Collins director 22 RIVERVIEW ROAD, ALLISTON A6 L9M 1R2
Alexandra Hoffman director 6800 INDIAN CREEK DRIVE, APT 101, MIAMI BEACH FL 33141
James P. O'brien director 3000-360 MAIN STREET, WINNIPEG A2 R3C 4G1