GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Ecology Corp (OTCPK:GLEC) » Definitions » ROC (Joel Greenblatt) %

Global Ecology (Global Ecology) ROC (Joel Greenblatt) % : -253.63% (As of Sep. 2013)


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

What is Global Ecology 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. Global Ecology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2013 was -253.63%.

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

GLEC's ROC (Joel Greenblatt) % is not ranked *
in the Industrial Products industry.
Industry Median: 13.65
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Global Ecology ROC (Joel Greenblatt) % Historical Data

The historical data trend for Global Ecology'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.

Global Ecology ROC (Joel Greenblatt) % Chart

Global Ecology Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -3,913.68 72.34 - -330.13 -221.56

Global Ecology Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -477.54 -149.73 -221.38 -167.47 -253.63

Competitive Comparison of Global Ecology's ROC (Joel Greenblatt) %

For the Pollution & Treatment Controls subindustry, Global Ecology'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.


Global Ecology's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Ecology's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Global Ecology 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. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0.033 + -0.001) - (2.654 + 0 + 0)
=-2.619

Working Capital(Q: Sep. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0.033 + 0) - (2.848 + 0 + -0.00099999999999945)
=-2.811

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Global Ecology for the quarter that ended in Sep. 2013 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2013  Q: Sep. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.752/( ( (0.304 + max(-2.619, 0)) + (0.289 + max(-2.811, 0)) )/ 2 )
=-0.752/( ( 0.304 + 0.289 )/ 2 )
=-0.752/0.2965
=-253.63 %

Note: The EBIT data used here is four times the quarterly (Sep. 2013) 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.


Global Ecology  (OTCPK:GLEC) 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.


Global Ecology ROC (Joel Greenblatt) % Related Terms

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


Global Ecology (Global Ecology) Business Description

Traded in Other Exchanges
N/A
Address
96 Park Street, Montclair, NJ, USA, 07042
Global Ecology Corp is engaged in the development, production and marketing of advanced waste remediation technologies that address universal environmental issues.These issues include organic soil revitalization, reduction of greenhouse gas emissions, solid waste remediation and point-of-use water purification solutions.

Global Ecology (Global Ecology) Headlines

No Headlines