International Endeavors (International Endeavors) ROC % : -9.63% (As of Sep. 2023)

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What is International Endeavors ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. International Endeavors's annualized return on capital (ROC %) for the quarter that ended in Sep. 2023 was -9.63%.

As of today (2024-05-27), International Endeavors's WACC % is -0.31%. International Endeavors's ROC % is -2.41% (calculated using TTM income statement data). International Endeavors earns returns that do not match up to its cost of capital. It will destroy value as it grows.

International Endeavors ROC % Historical Data

The historical data trend for International Endeavors's ROC % 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.

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International Endeavors ROC % Chart

International Endeavors Annual Data

Trend

Dec14

Dec15

Dec16

ROC %

-139.86

-48.32

-3.55

International Endeavors Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun22	Sep22	Jun23	Sep23
ROC %	Get a 7-Day Free Trial									-1.93	-	-	-	-9.63

International Endeavors ROC % Calculation

International Endeavors's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2016 is calculated as:

	ROC % (A: Dec. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2015 )	+	Invested Capital (A: Dec. 2016 ))	/ count )
=	-0.014 * ( 1 - 0% )	/	( (0.15	+	0.639)	/ 2 )
=	-0.014	/	0.3945
=	-3.55 %

where

	Invested Capital		(A: Dec. 2015 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.159	-	0.003	-	( 0.009	-	max(0, 0.003	-	0.009	+	0.009	))
=	0.15

	Invested Capital		(A: Dec. 2016 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.587	-	0.132	-	( 0.003	-	max(0, 0.189	-	0.005	+	0.003	))
=	0.639

International Endeavors's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-0.108 * ( 1 - 0% )	/	( (1.245	+	0.998)	/ 2 )
=	-0.108	/	1.1215
=	-9.63 %

where

	Invested Capital		(Q: Jun. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1.491	-	0.393	-	( 0.002	-	max(0, 1.24	-	1.093	+	0.002	))
=	1.245

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1.135	-	0.311	-	( 0.001	-	max(0, 0.911	-	0.737	+	0.001	))
=	0.998

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

International Endeavors (OTCPK:IDVV) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, International Endeavors's WACC % is -0.31%. International Endeavors's ROC % is -2.41% (calculated using TTM income statement data). International Endeavors earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

International Endeavors ROC % Related Terms

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International Endeavors (International Endeavors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » International Endeavors Corp (OTCPK:IDVV) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

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Address

23446 Highway 79, Warner Springs, CA, USA, 92086

Website

https://www.idvvcorp.com

International Endeavors Corp is a publicly-traded holding company engaged in locating, acquiring, and partnering with established companies, brands, and technologies in Solar, Crypto, and Artificial Intelligence (AI). It acquired Universal Voltage, a clean energy company that offers a suite of commercial and residential solar, power backup, and EV2G/Bi-directional charging products. Its products include SOLAR, EV TO GRID, CRYPTO, BATTERY BACKUP, and OFF GRID CONTAINER.