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UpHealth (UpHealth) ROC (Joel Greenblatt) % : -158.46% (As of Dec. 2023)


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What is UpHealth 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. UpHealth's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -158.46%.

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

UPHL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1273.51   Med: -841.03   Max: -172.49
Current: -172.49

During the past 4 years, UpHealth's highest ROC (Joel Greenblatt) % was -172.49%. The lowest was -1273.51%. And the median was -841.03%.

UPHL's ROC (Joel Greenblatt) % is ranked worse than
80.64% of 656 companies
in the Healthcare Providers & Services industry
Industry Median: 9.26 vs UPHL: -172.49

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


UpHealth ROC (Joel Greenblatt) % Historical Data

The historical data trend for UpHealth'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.

UpHealth ROC (Joel Greenblatt) % Chart

UpHealth Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-1,273.51 -1,149.91 -532.15 -179.99

UpHealth Quarterly Data
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 -244.25 -14.39 -208.70 -339.91 -158.46

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

For the Health Information Services subindustry, UpHealth'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.


UpHealth's ROC (Joel Greenblatt) % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, UpHealth's ROC (Joel Greenblatt) % distribution charts can be found below:

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



UpHealth 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)
=(16.527 + 0 + 2.14) - (18.763 + 0.052 + 0)
=-0.148

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.665 + 0 + 2.996) - (23.261 + 0.048 + 3.5527136788005E-15)
=-5.648

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of UpHealth 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 )
=-18.468/( ( (11.881 + max(-0.148, 0)) + (11.429 + max(-5.648, 0)) )/ 2 )
=-18.468/( ( 11.881 + 11.429 )/ 2 )
=-18.468/11.655
=-158.46 %

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.


UpHealth  (OTCPK:UPHL) 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.


UpHealth ROC (Joel Greenblatt) % Related Terms

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


UpHealth (UpHealth) Business Description

Traded in Other Exchanges
N/A
Address
14000 S. Military Trail, Suite 203, Delray Beach, FL, USA, 33484
UpHealth Inc is a digital health company intent on creating a single, integrated platform of technologies and services essential to personalized, affordable, and effective care globally. The company's segment includes Integrated Care Management; Virtual Care Infrastructure; Services and Corporate. It generates maximum revenue from the Services segment. Geographically, it derives a majority of revenue from the Americas.
Executives
Avi S Katz director, 10 percent owner, officer: CEO, Pres, Exec Chairman C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Jay Walter Jennings officer: Chief Financial Officer C/O EHEALTH, INC., 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Mark Guinan director C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
Chirinjeev Kathuria director, 10 percent owner C/O UPHEALTH HOLDINGS, INC., 14000 S. MILITARY TRAIL #203, DELRAY BEACH FL 33484
Mariya Pylypiv director, 10 percent owner 14000 MILITARY TRAIL, #203, DELRAY BEACH FL 33484
Samuel Meckey director, officer: Chief Executive Officer 320 PARK AVENUE, 29TH FL, NEW YORK NY 10022
Samantha Josephine Bray 10 percent owner 2083 WALKER LANE, HOLLADAY UT 84117
Anais Alexandra Bray 10 percent owner 2083, HOLLADAY UT 84117
Jeffery Rex Bray 10 percent owner 2083 WALKER LANE, HOLLADAY UT 84117
Kimberlite Social Infra Private Ltd 10 percent owner IDEAL VILLA VILLA NO 98, KOCH PAKUR, SOUTH 24 PARGANAS K7 700156
Eligere Ltd Liability Co 10 percent owner 9 HAWSER WAY, RANDOLPH NJ 07869
Syed Sabahat Azim 10 percent owner 14000 MILITARY TRAIL, #203, DELRAY BEACH FL 33484
Alexandra Bray 10 percent owner 2083 WALKER LANE, HOLLADAY UT 84117
Anais Bray Protective Irrevocable Trust 10 percent owner 3056 MILLCREEK DELL LANE, SALT LAKE CITY UT 84109