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Interactive Strength (Interactive Strength) ROC (Joel Greenblatt) % : -5,577.09% (As of Dec. 2023)


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What is Interactive Strength 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. Interactive Strength's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5,577.09%.

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

TRNR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5238.58   Med: -1841.28   Max: -1164.27
Current: -5238.58

During the past 4 years, Interactive Strength's highest ROC (Joel Greenblatt) % was -1164.27%. The lowest was -5238.58%. And the median was -1841.28%.

TRNR's ROC (Joel Greenblatt) % is ranked worse than
100% of 105 companies
in the Personal Services industry
Industry Median: 13.18 vs TRNR: -5238.58

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


Interactive Strength ROC (Joel Greenblatt) % Historical Data

The historical data trend for Interactive Strength'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.

Interactive Strength ROC (Joel Greenblatt) % Chart

Interactive Strength Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-1,847.48 -1,164.27 -1,835.08 -4,603.33

Interactive Strength Quarterly Data
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 -3,027.83 -6,765.87 -4,442.17 -4,105.71 -5,577.09

Competitive Comparison of Interactive Strength's ROC (Joel Greenblatt) %

For the Personal Services subindustry, Interactive Strength'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.


Interactive Strength's ROC (Joel Greenblatt) % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Interactive Strength's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Interactive Strength 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)
=(0.007 + 1.443 + 3.798) - (10.827 + 0.118 + 0)
=-5.697

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 2.607 + 2.212) - (11.404 + 0.123 + 0.147)
=-6.854

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Interactive Strength 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 )
=-44.784/( ( (0.879 + max(-5.697, 0)) + (0.727 + max(-6.854, 0)) )/ 2 )
=-44.784/( ( 0.879 + 0.727 )/ 2 )
=-44.784/0.803
=-5,577.09 %

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.


Interactive Strength  (NAS:TRNR) 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.


Interactive Strength ROC (Joel Greenblatt) % Related Terms

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


Interactive Strength (Interactive Strength) Business Description

Traded in Other Exchanges
Address
1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701
Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.
Executives
Bradley James Wickens 10 percent owner PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok director 125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer 10 percent owner C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward director, officer: Chief Executive Officer 942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan officer: Principal Financial Officer 370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani director 27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan officer: Principal Accounting Officer 22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung director 99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006

Interactive Strength (Interactive Strength) Headlines