GURUFOCUS.COM » STOCK LIST » Technology » Software » MoneyLion Inc (NYSE:ML) » Definitions » ROC (Joel Greenblatt) %

MoneyLion (MoneyLion) ROC (Joel Greenblatt) % : 62.41% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is MoneyLion 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. MoneyLion's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 62.41%.

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

ML' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -842.99   Med: -153.08   Max: -76.51
Current: -150.73

During the past 5 years, MoneyLion's highest ROC (Joel Greenblatt) % was -76.51%. The lowest was -842.99%. And the median was -153.08%.

ML's ROC (Joel Greenblatt) % is ranked worse than
76.53% of 2761 companies
in the Software industry
Industry Median: 12.96 vs ML: -150.73

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


MoneyLion ROC (Joel Greenblatt) % Historical Data

The historical data trend for MoneyLion'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.

MoneyLion ROC (Joel Greenblatt) % Chart

MoneyLion Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-153.08 -76.51 -428.63 -842.99 -127.68

MoneyLion Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1,513.84 -44.77 -763.41 137.62 62.41

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

For the Software - Application subindustry, MoneyLion'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.


MoneyLion's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, MoneyLion's ROC (Joel Greenblatt) % distribution charts can be found below:

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



MoneyLion 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.109 + 0 + 12.708) - (45.581 + 0 + 0)
=-13.764

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(15.978 + 0 + 8.271) - (52.396 + 0 + 0)
=-28.147

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5.396/( ( (9.269 + max(-13.764, 0)) + (8.023 + max(-28.147, 0)) )/ 2 )
=5.396/( ( 9.269 + 8.023 )/ 2 )
=5.396/8.646
=62.41 %

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


MoneyLion  (NYSE:ML) 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.


MoneyLion ROC (Joel Greenblatt) % Related Terms

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


MoneyLion (MoneyLion) Business Description

Industry
Traded in Other Exchanges
N/A
Address
30 West 21st Street, 9th Floor, New York, NY, USA, 10010
MoneyLion Inc is a mobile banking and financial membership platform that empowers people to take control of their finances. It is a full-service digital platform to deliver mobile banking, lending, and investment solutions. The firm offers a personalized, all-in-one, digital financial platform that provides convenient, low-cost access to banking, borrowing, and investing solutions tailored for its customers, rooted in data, and delivered through its proprietary technology platform.
Executives
Diwakar Choubey director, officer: President, CEO and Director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Adam Vanwagner officer: General Counsel 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Timmie Hong officer: Chief Product Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Richard Correia officer: Chief Financial Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
John C Chrystal director C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Mark Torossian officer: Chief Accounting Officer 1400 BROADWAY, 25TH FLOOR, NEW YORK NY 10018
Matthew Derella director C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Jeff Gary director, officer: Chief Financial Officer 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Gregory Depetris director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Michael Paull director 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Rohit Dsouza 10 percent owner C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Chee Mun Foong officer: Chief Technology Officer 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Greenspring Global Partners Viii-c, L.p. 10 percent owner 100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Greenspring Global Partners Viii-a, L.p 10 percent owner 100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Rds Moneylion Holdings I, Llc 10 percent owner C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010