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Ubiquitech Software (Ubiquitech Software) ROC (Joel Greenblatt) % : -680.00% (As of Aug. 2023)


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What is Ubiquitech Software 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. Ubiquitech Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was -680.00%.

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

UBQU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -170   Med: 0   Max: 0
Current: -170

UBQU's ROC (Joel Greenblatt) % is ranked worse than
86.48% of 1065 companies
in the Drug Manufacturers industry
Industry Median: 8.03 vs UBQU: -170.00

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


Ubiquitech Software ROC (Joel Greenblatt) % Historical Data

The historical data trend for Ubiquitech Software'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.

Ubiquitech Software ROC (Joel Greenblatt) % Chart

Ubiquitech Software Annual Data
Trend Aug08
ROC (Joel Greenblatt) %
-

Ubiquitech Software Quarterly Data
Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug22 Aug23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -680.00

Competitive Comparison of Ubiquitech Software's ROC (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Ubiquitech Software'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.


Ubiquitech Software's ROC (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

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

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



Ubiquitech Software 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: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.087 + 0.001) - (0.483 + 0 + 0)
=-0.395

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Ubiquitech Software for the quarter that ended in Aug. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.068/( ( (0 + max(0, 0)) + (0.01 + max(-0.395, 0)) )/ 1 )
=-0.068/( ( 0 + 0.01 )/ 1 )
=-0.068/0.01
=-680.00 %

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


Ubiquitech Software  (OTCPK:UBQU) 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.


Ubiquitech Software ROC (Joel Greenblatt) % Related Terms

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Ubiquitech Software (Ubiquitech Software) Business Description

Traded in Other Exchanges
N/A
Address
3570 East 12th Avenue, Denver, CO, USA, 80206
Ubiquitech Software Corp is a United States-based multi-media, multi-faceted company. It is engaged in utilizing global internet marketing, direct response television, radio, and traditional marketing to drive traffic to the new industries. The company also focuses on developing Cannabidiol (CBD) Hemp derived products. It owns the proprietary CBD brand CannazALL. The company offers the products through its internally designed and operated web portal www.cannazall.com.
Executives
Young Yuen director, 10 percent owner, officer: CEO/Pres/Secretary/Treasurer 7435 S. EASTERN AVENUE, SUITE 5, LAS VEGAS NV 89123

Ubiquitech Software (Ubiquitech Software) Headlines

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