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Kadem Sustainable Impact (Kadem Sustainable Impact) ROC (Joel Greenblatt) % : 0.00% (As of Sep. 2022)


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What is Kadem Sustainable Impact 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. Kadem Sustainable Impact's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 0.00%.

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

KSICU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1320.06   Med: -1015.48   Max: -1015.48
Current: -1320.06

During the past 2 years, Kadem Sustainable Impact's highest ROC (Joel Greenblatt) % was -1015.48%. The lowest was -1320.06%. And the median was -1015.48%.

KSICU's ROC (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -22.69 vs KSICU: -1320.06

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


Kadem Sustainable Impact ROC (Joel Greenblatt) % Historical Data

The historical data trend for Kadem Sustainable Impact'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.

Kadem Sustainable Impact ROC (Joel Greenblatt) % Chart

Kadem Sustainable Impact Annual Data
Trend Dec20 Dec21
ROC (Joel Greenblatt) %
- -1,015.48

Kadem Sustainable Impact Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROC (Joel Greenblatt) % Get a 7-Day Free Trial -391.68 -696.45 -2,828.39 - -

Competitive Comparison of Kadem Sustainable Impact's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Kadem Sustainable Impact'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.


Kadem Sustainable Impact's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kadem Sustainable Impact's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Kadem Sustainable Impact 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.777) - (2.243 + 0 + 0)
=-1.466

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.648) - (3.507 + 0 + 0)
=-2.859

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kadem Sustainable Impact for the quarter that ended in Sep. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.788/( ( (0 + max(-1.466, 0)) + (0 + max(-2.859, 0)) )/ 1 )
=-5.788/( ( 0 + 0 )/ 1 )
=-5.788/0
= %

Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.


Kadem Sustainable Impact  (NAS:KSICU) 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.


Kadem Sustainable Impact ROC (Joel Greenblatt) % Related Terms

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Kadem Sustainable Impact (Kadem Sustainable Impact) Business Description

Traded in Other Exchanges
N/A
Address
30 Broad Street, 14th Floor, New York, NY, USA, 10004
Kadem Sustainable Impact Corp is a blank check company.
Executives
Del Giudice Michael J director C/O MILLENNIUM CREDIT MARKETS LLC, ONE ROCKEFELLER PLAZA SUITE 2330, NEW YORK NY 10020
Raymond E Mabus 10 percent owner C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Virginia A Kamsky director C/O KAMSKY ASSOCIATES, INC., 563 PARK AVENUE, NEW YORK NY 10065
Charles Gassenheimer 10 percent owner 712 FIFTH AVE, 9TH FLOOR, NEW YORK NY 10019
Rajan Chudgar officer: President 5722 BELMONT VALLEY COURT, RALEIGH NC 27612
Pin Ni director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Saurin Shah director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Christine Mott director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Golchehreh Abtahian officer: Chief Financial Officer C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Kadem Management, Llc 10 percent owner 152 WEST 57TH STREET, 52ND FLOOR, NEW YORK NY 10019