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Lord Global (Lord Global) ROC (Joel Greenblatt) % : -6,000.00% (As of Apr. 2020)


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What is Lord Global 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. Lord Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2020 was -6,000.00%.

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

LRDG's ROC (Joel Greenblatt) % is not ranked *
in the Media - Diversified industry.
Industry Median: 10.01
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Lord Global ROC (Joel Greenblatt) % Historical Data

The historical data trend for Lord Global'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.

Lord Global ROC (Joel Greenblatt) % Chart

Lord Global Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - - -273,700.00 -412,000.00 -14,800.00

Lord Global Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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 -19,000.00 -37,333.33 -474,000.00 -26,800.00 -6,000.00

Competitive Comparison of Lord Global's ROC (Joel Greenblatt) %

For the Entertainment subindustry, Lord Global'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.


Lord Global's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Lord Global's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Lord Global 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: Jan. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.557 + 0 + 0.231)
=-0.788

Working Capital(Q: Apr. 2020 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.362 + 0 + 0.232)
=-0.594

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Lord Global for the quarter that ended in Apr. 2020 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2020 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2020  Q: Apr. 2020
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.06/( ( (0.001 + max(-0.788, 0)) + (0.001 + max(-0.594, 0)) )/ 2 )
=-0.06/( ( 0.001 + 0.001 )/ 2 )
=-0.06/0.001
=-6,000.00 %

Note: The EBIT data used here is four times the quarterly (Apr. 2020) 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.


Lord Global  (GREY:LRDG) 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.


Lord Global ROC (Joel Greenblatt) % Related Terms

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Lord Global (Lord Global) Business Description

Traded in Other Exchanges
N/A
Address
318 N Carson Street, Suite 208, Carson City, NV, USA, 89701
Lord Global Corp, formerly Bigfoot Project Investments Inc is engaged in searching, documenting and collecting evidence of the existence of the Bigfoot or Sasquatch creature, according to North American folklore, and it develops, produces and distributes fictional and documentary films about the creature and its searches. In addition to films available on DVD, it has added T-shirts and other branded products such as decals, coffee mugs, skull caps, and ball caps to its inventory. The company's revenues consisted of pay per view sales from the online streaming contract as well as proceeds and commissions from the sale of DVDs and videos.