GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Cool Technologies Inc (OTCPK:WARM) » Definitions » ROC (Joel Greenblatt) %

Cool Technologies (Cool Technologies) ROC (Joel Greenblatt) % : -17,745.45% (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is Cool 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. Cool Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -17,745.45%.

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

WARM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19966.1   Med: -4109.09   Max: -1737.14
Current: -7085.94

During the past 13 years, Cool Technologies's highest ROC (Joel Greenblatt) % was -1737.14%. The lowest was -19966.10%. And the median was -4109.09%.

WARM's ROC (Joel Greenblatt) % is ranked worse than
100% of 144 companies
in the Industrial Distribution industry
Industry Median: 18.945 vs WARM: -7085.94

Cool Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.10% per year.


Cool Technologies ROC (Joel Greenblatt) % Historical Data

The historical data trend for Cool 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.

Cool Technologies ROC (Joel Greenblatt) % Chart

Cool Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,152.73 -1,737.14 -1,882.71 -3,765.96 -4,065.45

Cool Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -3,575.51 -2,360.00 -4,903.23 -13,523.81 -17,745.45

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

For the Industrial Distribution subindustry, Cool 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.


Cool Technologies's ROC (Joel Greenblatt) % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Cool Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Cool 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.256 + 0.345) - (4.887 + 0.4 + 0.026)
=-4.712

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.256 + 0.344) - (5.096 + 0.4 + 0.00099999999999945)
=-4.897

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Cool Technologies for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.976/( ( (0.008 + max(-4.712, 0)) + (0.003 + max(-4.897, 0)) )/ 2 )
=-0.976/( ( 0.008 + 0.003 )/ 2 )
=-0.976/0.0055
=-17,745.45 %

Note: The EBIT data used here is four times the quarterly (Sep. 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.


Cool Technologies  (OTCPK:WARM) 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.


Cool Technologies ROC (Joel Greenblatt) % Related Terms

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


Cool Technologies (Cool Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8875 Hidden River Parkway, Suite 300, Tampa, FL, USA, 33637
Cool Technologies Inc is engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. Its market for products utilizing its technology includes consumer, industrial and military markets, both in the United States and across the world. The technology offered by the company includes heat dispersion technology and mobile power generation .
Executives
Bibb Judson William Iii director, 10 percent owner, officer: President Secretary Treasurer C/O COOL TECHNOLOGIES, INC., 8875 HIDDEN RIVER PARKWAY, SUITE 300, TAMPA FL 33637
Timothy J. Hassett director, 10 percent owner, officer: CEO, Chairman of the Board 5712 MARSH HAWK DRIVE, SANTA ROSA CA 95409
Spirit Bear Ltd 10 percent owner 1470 1ST AVE, 4A, NEW YORK NY 10075
Khic Llc 10 percent owner 36 MANCHESTER DRIVE, WESTFIELD NJ 07090
Theodore H Banzhaf officer: President C/O COOL TECHNOLOGIES, INC., 8875 HIDDEN RIVER PARKWAY, SUITE 300, TAMPA FL 33637
Richard James Schul director 16427 ANDRAES DRIVE, CHESTERFIELD MO 63005
Daniel C Ustian director 8S270 SHIRES COURT, NAPERVILLE IL 60540
Donald L Bowman director 2 MONARCH DR., BRISTOL VA 24201
Donica Holt director 1236 SW CREEKSIDE DRIVE, LEES SUMMIT MO 64081
Jay A Palmer director 1470 1ST AVE 4A, NEW YORK NY 10075
Carrie A Dwyer director 1209 SE WILLOW PLACE, BLUE SPRINGS MO 64014
Quentin Dean Ponder director, officer: CFO, Treasurer, other: Vice Chairman of the Board 5432 BERNADETTE COURT, ZEPHRHILLS FL 33541
Mark Michael Hodowanec 10 percent owner 8875 HIDDEN RIVER PARKWAY, SUITE 300, TAMPA FL 33637
Chris Mckee director STARVOX COMMUNICATIONS, INC., 2728 ORCHARD PARKWAY, SAN JOSE CA 95134-2012