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One World Products (One World Products) ROC (Joel Greenblatt) % : -390.03% (As of Dec. 2023)


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What is One World Products 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. One World Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -390.03%.

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

OWPC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2700   Med: -542.99   Max: -182.67
Current: -182.67

During the past 10 years, One World Products's highest ROC (Joel Greenblatt) % was -182.67%. The lowest was -2700.00%. And the median was -542.99%.

OWPC's ROC (Joel Greenblatt) % is ranked worse than
86.62% of 1061 companies
in the Drug Manufacturers industry
Industry Median: 8.26 vs OWPC: -182.67

One World Products's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 38.80% per year.


One World Products ROC (Joel Greenblatt) % Historical Data

The historical data trend for One World Products'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.

One World Products ROC (Joel Greenblatt) % Chart

One World Products Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -969.22 -745.93 -340.05 -204.47 -257.60

One World Products 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 -347.95 -87.16 -76.81 -64.59 -390.03

Competitive Comparison of One World Products's ROC (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, One World Products'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.


One World Products's ROC (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, One World Products's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where One World Products's ROC (Joel Greenblatt) % falls into.



One World Products 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)
=(0.012 + 0.313 + 0.026) - (2.236 + 0.012 + -0.0010000000000003)
=-1.896

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.013) - (1.665 + 0 + 0)
=-1.652

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of One World Products 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 )
=-9.232/( ( (2.367 + max(-1.896, 0)) + (0 + max(-1.652, 0)) )/ 1 )
=-9.232/( ( 2.367 + 0 )/ 1 )
=-9.232/2.367
=-390.03 %

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.


One World Products  (OTCPK:OWPC) 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.


One World Products ROC (Joel Greenblatt) % Related Terms

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One World Products (One World Products) Business Description

Traded in Other Exchanges
N/A
Address
6605 Grand Montecito Parkway, Suite 100, Las Vegas, NV, USA, 89118
One World Products Inc along with its subsidiaries is engaged in the cultivation, production, and distribution of raw cannabis and hemp plant ingredients for both medical and industrial uses. It focuses on cultivating, processing, and supplying cannabis oil, distillate, and isolate to customer's specifications.
Executives
Sommer Joerg Herman Walter officer: President RHEINSTR. 50, BONN 2M 53179
Terry Lynn Buffalo director 3063 BRIGHTON BLVD, #918, DENVER CO 80216
Timothy Woods officer: Chief Financial Officer 8191 QUINN TERRACE, VIENNA VA 22180
Vahe Gabriel officer: CFO and COO 808 BRICKELL KEY DRIVE, APT. # 1106, MIAMI FL 33131
Isiah Iii Thomas director, officer: CEO and Vice Chairman TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Bruce I Raben director 430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Craig Ellins director, officer: CEO and CFO 3035 EAST PATRICK LANE, SUITE 9, LAS VEGAS NV 89120
Lei Wang director, 10 percent owner, officer: CEO & CFO 2609 MONTE CRESTA DRIVE, BELMONT CA 94002

One World Products (One World Products) Headlines

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