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New Klondike Exploration (New Klondike Exploration) ROC (Joel Greenblatt) % : 0.00% (As of Aug. 2023)


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What is New Klondike Exploration 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. New Klondike Exploration's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 0.00%.

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

During the past 13 years, New Klondike Exploration's highest ROC (Joel Greenblatt) % was -13.08%. The lowest was -263.38%. And the median was -41.55%.

URPLF's ROC (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -19.78
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


New Klondike Exploration ROC (Joel Greenblatt) % Historical Data

The historical data trend for New Klondike Exploration'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.

New Klondike Exploration ROC (Joel Greenblatt) % Chart

New Klondike Exploration Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
ROC (Joel Greenblatt) %
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New Klondike Exploration Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Nov16 Nov17 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Aug22 Aug23
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 - - - - -

Competitive Comparison of New Klondike Exploration's ROC (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, New Klondike Exploration'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.


New Klondike Exploration's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Klondike Exploration's ROC (Joel Greenblatt) % distribution charts can be found below:

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



New Klondike Exploration 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: Aug. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Aug. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + -1.7347234759768E-18) - (0.034 + 0 + 0)
=-0.033

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of New Klondike Exploration for the quarter that ended in Aug. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Aug. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2022  Q: Aug. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.008/( ( (0 + max(0, 0)) + (0 + max(-0.033, 0)) )/ 1 )
=-0.008/( ( 0 + 0 )/ 1 )
=-0.008/0
= %

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


New Klondike Exploration  (OTCPK:URPLF) 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.


New Klondike Exploration ROC (Joel Greenblatt) % Related Terms

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New Klondike Exploration (New Klondike Exploration) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
New Klondike Exploration Ltd is a junior exploration company. It is engaged in the acquisition, exploration, and development of mineral properties. Its mineral exploration projects include the Goldstorm project, the Nickel Offsets property, and the Santa Maria project.

New Klondike Exploration (New Klondike Exploration) Headlines

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