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Kidoz (KDOZF) ROC (Joel Greenblatt) % : -152.28% (As of Mar. 2024)


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What is Kidoz 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. Kidoz's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -152.28%.

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

KDOZF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -44933.33   Med: -1738.4   Max: 1.57
Current: -105.78

During the past 13 years, Kidoz's highest ROC (Joel Greenblatt) % was 1.57%. The lowest was -44933.33%. And the median was -1738.40%.

KDOZF's ROC (Joel Greenblatt) % is ranked worse than
82.39% of 1039 companies
in the Media - Diversified industry
Industry Median: 10.29 vs KDOZF: -105.78

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


Kidoz ROC (Joel Greenblatt) % Historical Data

The historical data trend for Kidoz'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.

Kidoz ROC (Joel Greenblatt) % Chart

Kidoz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -202.21 0.88 1.57 -61.18 -110.37

Kidoz Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -279.44 -135.15 -185.25 64.87 -152.28

Competitive Comparison of Kidoz's ROC (Joel Greenblatt) %

For the Advertising Agencies subindustry, Kidoz'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.


Kidoz's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kidoz's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Kidoz 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.261 + 0 + 0.103) - (4.605 + 0 + 0)
=1.759

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.963 + 0 + 0.105) - (2.245 + 0 + 0)
=1.823

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kidoz for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.776/( ( (0.036 + max(1.759, 0)) + (0.028 + max(1.823, 0)) )/ 2 )
=-2.776/( ( 1.795 + 1.851 )/ 2 )
=-2.776/1.823
=-152.28 %

Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


Kidoz  (OTCPK:KDOZF) 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.


Kidoz ROC (Joel Greenblatt) % Related Terms

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


Kidoz (KDOZF) Business Description

Traded in Other Exchanges
Address
1685 West 4th Avenue, Suite 220, Vancouver, BC, CAN, V6J 1L8
Kidoz Incs is an AdTech software developer and owner of the mobile Kidoz Safe Ad Network. The group help create a free and safe mobile app environment for children by enabling content producers to monetize their apps and video with safe, relevant, and fun ads. It provides an essential suite of advertising technology that unites brands, content publishers, and families. The Kidoz network does not use location or PII data tracking commonly used in digital advertising. Kidoz has developed advanced contextual targeting tools to enable brands to reach their ideal customers with complete brand safety. It generates the majority of its revenue from Ad tech advertising.
Executives
Pendinas Ltd 10 percent owner BALLACARRICK, POOILVAAISH ROAD, CASTLETOWN Y8 IM9 4PJ
Tryon M Williams director, 10 percent owner, officer: Chief Executive Officer C/O KIDOZ INC., SUITE 220, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Tora Eldad Ben director BE'ER GANIM 54, PO BOX 483, EVEN YEHUDA L3 4050935
Moshe David director 59 HERUT STREET, BINYAMINA L3 30500
Claes Kalborg director TATTBYVAGEN 11, SALTSJOBADEN V7 133 34
Gwynn Williams 10 percent owner BALLACARRICK, POOILVAAISH ROAD, CASTLETOWN Y8 IM9 4PJ
Williams Jason Miles Jm director, officer: VP Business Development SUITE 220,, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Moore William George Ashton director CLARE HALL, NR SUDBURY, CLARE X0 CO108PJ
Henry W Bromley officer: Chief Financial Officer C/O KIDOZ INC., SUITE 220, 1685 WEST 4TH AVENUE, VANCOUVER A1 V6J 1L8
Christopher Mark Devereux director SUITE 103, 1715 COOK STREET, VANCOUVER A1 V5Y 3J6
Ljungerud Ebba Dagmar Lucie director FLAT 6, 8 COLVILLE TERRACE, LONDON X0 W11 2BE
Praetorian Capital Management Llc 10 percent owner 3271 RIVIERA DRIVE, CORAL GABLES FL 33134
Petter Nylander director FLAT 4, 83 LADBROKE GROVE, LONDON X0 W11 2HB
Group Plc Unibet 10 percent owner FAWWARA BUILDINGS, MSIRA ROAD, GZIRA O1 GZR1402
Fiona Mary Curtis director ARD NA MARA, PO BOX 1127,, LITTLE HARBOUR 1A AI-2640