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Rubicon Technologies (Rubicon Technologies) ROC (Joel Greenblatt) % : -891.83% (As of Dec. 2023)


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What is Rubicon Technologies 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. Rubicon Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -891.83%.

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

RBT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4413.13   Med: -997.58   Max: -773.03
Current: -1038.71

During the past 5 years, Rubicon Technologies's highest ROC (Joel Greenblatt) % was -773.03%. The lowest was -4413.13%. And the median was -997.58%.

RBT's ROC (Joel Greenblatt) % is ranked worse than
89.36% of 2762 companies
in the Software industry
Industry Median: 13.56 vs RBT: -1038.71

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


Rubicon Technologies ROC (Joel Greenblatt) % Historical Data

The historical data trend for Rubicon Technologies'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.

Rubicon Technologies ROC (Joel Greenblatt) % Chart

Rubicon Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-777.41 -773.03 -997.58 -4,413.13 -1,102.37

Rubicon Technologies Quarterly Data
Dec19 Sep20 Dec20 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 -947.35 -125.62 -1,131.44 -2,280.87 -891.83

Competitive Comparison of Rubicon Technologies's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Rubicon Technologies'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.


Rubicon Technologies's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Rubicon Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Rubicon Technologies 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)
=(59.6 + 0 + 23.7) - (121.605 + 6.524 + 49.956)
=-94.785

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.977 + 0 + 17.095) - (137.889 + 7.359 + 40.445)
=-101.621

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Rubicon Technologies 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 )
=-19.696/( ( (2.425 + max(-94.785, 0)) + (1.992 + max(-101.621, 0)) )/ 2 )
=-19.696/( ( 2.425 + 1.992 )/ 2 )
=-19.696/2.2085
=-891.83 %

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.


Rubicon Technologies  (NYSE:RBT) 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.


Rubicon Technologies ROC (Joel Greenblatt) % Related Terms

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Rubicon Technologies (Rubicon Technologies) Business Description

Traded in Other Exchanges
Address
100 West Main Street, Suite 610, Lexington, KY, USA, 40507
Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.
Executives
Palantir Technologies Inc. 10 percent owner 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Hernandez Andres Chico director MONTANAS CALIZAS 515, LOMAS DE CHAPULTEP, MEXICO CITY O5 11000
Jose Miguel Enrich 10 percent owner 781 CRANDON BLVD 902, KEY BISCAYNE FL 33149
Kevin Michael Schubert officer: President 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Jevan Anderson officer: Chief Financial Officer 1819 DORIS DRIVE, MENLO PARK CA 94025
William D. Meyer officer: General Counsel 177 BEVERLY ROAD NE, ATLANTA GA 30309
Daniel P. Sampson officer: Chief Mktg & Comms Officer 231 EAST 76TH STREET, APT. 7J, NEW YORK NY 10021
Paula Henderson director 1810 SAINT MARY'S ST, RALEIGH NC 27608
Rgh, Inc. 10 percent owner 100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Michael S. Heller officer: Chief Administrative Officer 10005 RIVER ROCK DRIVE NE, ROSWELL GA 30076
Nathaniel Morris director, 10 percent owner, officer: Chief Executive Officer 100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Tom Owston officer: Interim CCO 409 MCCLENAGHAN MILL ROAD, WYNNEWOOD PA 19096
David Rachelson officer: Chief Sustainability Officer 75 26TH STREET NW, ATLANTA GA 30309
De Viel Castel Renaud officer: Chief Operations Officer 743 ANASTASIA AVENUE, CORAL GABLES FL 33134
Philip Rodoni officer: Chief Technology Officer PO BOX 1296, POINT REYES STATION CA 94956