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Vislink Technologies (Vislink Technologies) ROC (Joel Greenblatt) % : -51.91% (As of Dec. 2023)


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What is Vislink Technologies 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. Vislink Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -51.91%.

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

VISL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2556.24   Med: -197.43   Max: -55.23
Current: -58.4

During the past 13 years, Vislink Technologies's highest ROC (Joel Greenblatt) % was -55.23%. The lowest was -2556.24%. And the median was -197.43%.

VISL's ROC (Joel Greenblatt) % is ranked worse than
89.83% of 2477 companies
in the Hardware industry
Industry Median: 9.57 vs VISL: -58.40

Vislink Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.30% per year.


Vislink Technologies ROC (Joel Greenblatt) % Historical Data

The historical data trend for Vislink Technologies'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.

Vislink Technologies ROC (Joel Greenblatt) % Chart

Vislink Technologies 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 -192.80 -268.69 -137.94 -81.43 -55.23

Vislink Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -121.00 -56.83 -80.48 -49.61 -51.91

Competitive Comparison of Vislink Technologies's ROC (Joel Greenblatt) %

For the Communication Equipment subindustry, Vislink Technologies'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.


Vislink Technologies's ROC (Joel Greenblatt) % Distribution in the Hardware Industry

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

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



Vislink Technologies 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)
=(7.407 + 13.537 + 2.033) - (4.938 + 2.205 + 8.8817841970013E-16)
=15.834

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.389 + 14.029 + 1.56) - (4.194 + 1.49 + 0.567)
=18.727

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vislink Technologies 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 )
=-10.3/( ( (2.478 + max(15.834, 0)) + (2.644 + max(18.727, 0)) )/ 2 )
=-10.3/( ( 18.312 + 21.371 )/ 2 )
=-10.3/19.8415
=-51.91 %

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.


Vislink Technologies  (NAS:VISL) 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.


Vislink Technologies ROC (Joel Greenblatt) % Related Terms

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


Vislink Technologies (Vislink Technologies) Business Description

Traded in Other Exchanges
N/A
Address
350 Clark Drive, Suite 125, Mount Olive, NJ, USA, 07828
Vislink Technologies Inc is a global technology business specializing in collecting, delivering, and managing high-quality, live video and associated data from the scene of the action to the viewing screen. It provides solutions for the collection of live news, sports, and entertainment events for the broadcast markets. It also furnishes the surveillance and defense markets with real-time video intelligence solutions using various tailored transmission products. The company provides professional and technical services utilizing a staff of technology experts with decades of applied knowledge and real-world experience in terrestrial microwave, satellite, fiber optic, surveillance, and wireless communications systems delivering a broad spectrum of customer solutions.
Executives
Paul Norridge officer: Chief Financial Officer 350 CLARK DRIVE, MT. OLIVE NY 07828
Carleton M Miller director, officer: Chief Executive Officer 4508 SALERNO CIRCLE, PLANO TX 70593
Jude T Panetta director 10500 W. 153RD STREET, ORLAND PARK IL 60462
Michael C. Bond officer: Chief Financial Officer 12220 WORLD TRADE DRIVE, SAN DIEGO CA 92128
Brian K. Krolicki director P.O. BOX 676, ZEPHYR COVE NV 89448
Ralph E Faison director 12220 WORLD TRADE DRIVE, SAN DIEGO CA 92128
Belinda Allen Marino officer: Secretary 2801 TEAL AVENUE, SARASOTA FL 34232
Susan Swenson director C/O PALM INC, 5470 GREAT AMERICAN PARKWAY MS12116, SANTA CLARA CA 95052
Payne John Bayly Iv officer: President 373 RIDGE RD, NEWTON NJ 07860
James M Walton officer: President of IMT Ltd. 240 S. PINEAPPLE AVENUE, SUITE 701, SARASOTA FL 34236
Ross James Woodyatt officer: President 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
John C Coleman director, officer: CEO 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Roger G Branton 10 percent owner, officer: CFO 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
James T Conway director 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Gary Cuccio director 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236