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LuxUrban Hotels (LuxUrban Hotels) ROC (Joel Greenblatt) % : -86.86% (As of Dec. 2023)


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What is LuxUrban Hotels 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. LuxUrban Hotels's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -86.86%.

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

LUXH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5058.33   Med: -43.3   Max: -9.35
Current: -38.84

During the past 5 years, LuxUrban Hotels's highest ROC (Joel Greenblatt) % was -9.35%. The lowest was -5058.33%. And the median was -43.30%.

LUXH's ROC (Joel Greenblatt) % is ranked worse than
89.65% of 821 companies
in the Travel & Leisure industry
Industry Median: 9.28 vs LUXH: -38.84

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


LuxUrban Hotels ROC (Joel Greenblatt) % Historical Data

The historical data trend for LuxUrban Hotels'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.

LuxUrban Hotels ROC (Joel Greenblatt) % Chart

LuxUrban Hotels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- - -5,058.33 -9.35 -43.30

LuxUrban Hotels Quarterly Data
Dec19 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 -19.64 -1.67 -54.03 9.93 -86.86

Competitive Comparison of LuxUrban Hotels's ROC (Joel Greenblatt) %

For the Lodging subindustry, LuxUrban Hotels'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.


LuxUrban Hotels's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, LuxUrban Hotels's ROC (Joel Greenblatt) % distribution charts can be found below:

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



LuxUrban Hotels 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 + 0 + 10.461) - (7.694 + 3.631 + -0.00099999999999767)
=-0.863

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.33 + 0 + 7.116) - (23.182 + 4.705 + 0.00099999999999767)
=-20.442

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of LuxUrban Hotels 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 )
=-205.764/( ( (231.492 + max(-0.863, 0)) + (242.305 + max(-20.442, 0)) )/ 2 )
=-205.764/( ( 231.492 + 242.305 )/ 2 )
=-205.764/236.8985
=-86.86 %

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.


LuxUrban Hotels  (NAS:LUXH) 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.


LuxUrban Hotels ROC (Joel Greenblatt) % Related Terms

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LuxUrban Hotels (LuxUrban Hotels) Business Description

Traded in Other Exchanges
N/A
Address
2125 Biscayne Boulevard, Suite 253, Miami, FL, USA, 33137
LuxUrban Hotels Inc utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in metropolitan cities. It identifies, acquires, manages, and markets hotel rooms to business and vacation travelers under the consumer brand, LuxUrban. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans and Los Angeles.
Executives
Brian Ferdinand director, officer: Chief Executive Officer 224 MUTTONTOWN EASTWOODS ROAD, MUTTONTOWN NY 11791
Leonard Toboroff director 39 N MOORE ST, STE 6B, NEW YORK NY 10013
Kevin Michael Potts officer: Chief Revenue Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Donald Engel director 570 PARK AVE, NEW YORK NY 10065
Shanoop Kothari officer: Chief Financial Officer 2865 SCOTT STREET, SUITE 107, VISTA CA 92081
Aimee Nelson director 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jeffrey Webb director 6589 GREEN SHADOWS, STE 6B, MEMPHIS TN 38119
David Gurfein officer: President & COO 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Karl Rothman officer: Chief Accounting Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
Jimmie Chatmon director, officer: Executive Vice President 2125 BISCAYNE BLVD, MIAMI FL 33137
Kevin Mikolashek officer: Chief Compliance Officer 2125 BISCAYNE BLVD SUITE 253, MIAMI FL 33137
David Edward Berg director 2125 BISCAYNE BLVD., SUITE 253, MIAMI FL 33137