Jarden (Jarden) ROC % : -0.41% (As of Dec. 2015)

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What is Jarden 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 %. Jarden's annualized return on capital (ROC %) for the quarter that ended in Dec. 2015 was -0.41%.

As of today (2024-04-26), Jarden's WACC % is 0.00%. Jarden's ROC % is 0.00% (calculated using TTM income statement data). Jarden earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Jarden ROC % Historical Data

The historical data trend for Jarden'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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Jarden ROC % Chart

Jarden Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROC %

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5.82

6.32

4.77

4.98

2.57

Jarden Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
ROC %	Get a 7-Day Free Trial															5.33	-0.94	5.32	6.31	-0.41

Jarden ROC % Calculation

Jarden's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2015 is calculated as:

	ROC % (A: Dec. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2014 )	+	Invested Capital (A: Dec. 2015 ))	/ count )
=	507.7 * ( 1 - 47.98% )	/	( (8609.1	+	11960.6)	/ 2 )
=	264.10554	/	10284.85
=	2.57 %

where

	Invested Capital		(A: Dec. 2014 )
=	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	))
=	10799.3	-	1025.4	-	( 1164.8	-	max(0, 2077.2	-	4318	+	1164.8	))
=	8609.1

	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	))
=	14293.1	-	1034.1	-	( 1298.4	-	max(0, 2275.3	-	4654.3	+	1298.4	))
=	11960.6

Jarden's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2015 is calculated as:

	ROC % (Q: Dec. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2015 )	+	Invested Capital (Q: Dec. 2015 ))	/ count )
=	396.8 * ( 1 - 111.68% )	/	( (10786.6	+	11960.6)	/ 2 )
=	-46.34624	/	11373.6
=	-0.41 %

where

	Invested Capital		(Q: Sep. 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	))
=	12875.5	-	993.4	-	( 1095.5	-	max(0, 2034.6	-	5059.9	+	1095.5	))
=	10786.6

	Invested Capital		(Q: 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	))
=	14293.1	-	1034.1	-	( 1298.4	-	max(0, 2275.3	-	4654.3	+	1298.4	))
=	11960.6

Note: The Operating Income data used here is four times the quarterly (Dec. 2015) data.

Jarden (NYSE:JAH) 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, Jarden's WACC % is 0.00%. Jarden's ROC % is 0.00% (calculated using TTM income statement data). Jarden 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.

Jarden ROC % Related Terms

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Jarden (Jarden) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Jarden Corp (NYSE:JAH) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.jarden.com

Jarden Corp is a Delaware corporation formed in April 1993. The Company is a provider of consumer products The Company reports four business segments namely Outdoor Solutions, Consumer Solutions, Branded Consumables and Process Solutions. The Outdoor Solutions segment manufactures or sources, markets and distributes consumer active lifestyle products for outdoor and outdoor-related activities. For general outdoor activities, Coleman is a brand for active lifestyle products, that include camping and outdoor equipment such as air beds, camping stoves, coolers, foldable furniture, gas and charcoal grills, lanterns and flashlights, propane fuel, sleeping bags, tents and water recreation products such as boats, kayaks and tow-behinds. The Consumer Solutions segment manufactures or sources, markets, and distributes a diverse line of household products, including kitchen appliances and personal care and wellness products for home use. The products in this segment include clippers and trimmers for professional use in the beauty and barber and animal categories; electric blankets, mattress pads and throws; household kitchen appliances, such as blenders, coffeemakers, irons, mixers, slow cookers, toasters, toaster ovens and vacuum packaging machines; personal care and wellness products, such as air purifiers, fans, heaters and humidifiers, for home use; products for the hospitality industry; and scales for consumer use. The Branded Consumables segment manufactures or sources, markets and distributes a line of branded consumer products, many of which are affordable, consumable and fundamental household staples, including arts and crafts paint brushes, children's card games, fencing, fire extinguishing products, firelogs and firestarters, home canning jars and accessories, kitchen matches, other craft items, plastic cutlery, playing cards and accessories, safes, security cameras, security doors, smoke and carbon monoxide alarms, storage organizers and workshop accessories, toothpicks, window guards and other accessories. This segment markets its products under the Aviator, Ball, Bee, Bernardin, Bicycle, BRK, Crawford, Diamond, Dicon, First Alert, Forster, Hoyle, Java-Log, KEM, Kerr, Lehigh, Leslie-Locke, Loew-Cornell, Pine Mountain and Wellington brand names, among others. The Process Solutions segment manufactures, markets and distributes plastic products including closures, contact lens packaging, medical disposables, plastic cutlery and rigid packaging. Many of these products are consumable in nature or represent components of consumer products. The Company's materials business produces specialty nylon polymers, conductive fibers and monofilament used in various products, including woven mats used by paper producers and weed trimmer cutting line, as well as fiberglass radio antennas for marine, citizen band and military applications. In addition, the Company manufactures a line of industrial zinc products marketed globally for use in the

Executives

Richard T Sansone	officer: EVP - Operations	ONE CANTERBURY GREEN, 6TH FLOOR STAMFORD CT 06901
William P Lauder	director	767 FIFTH AVENUE, NEW YORK NY 10153
Irwin D Simon	director	C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Michael S Gross	director	C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022
Robert L Wood	director	C/O DOW CHEMICAL CO, 2030 DOW CENTER, MIDLAND MI 48674
John Edward Capps	officer: EVP-Admin, Gen. Counsel & Sec.	2381 EXECUTIVE CENTER DRIVE, BOCA RATON FL 33431
Alan W Lefevre	officer: EVP - Finance & CFO	HERBALIFE NUTRITION, 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
Martin E Franklin	director, officer: Executive Chairman	C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
Ashken Ian G H	director, officer: Vice Chairman and President	C/O MARIPOSA CAPITAL, LLC, 5200 BLUE LAGOON DRIVE, SUITE 855, MIAMI FL 33126
James E Lillie	director, officer: Chief Executive Officer	C/O MOORE CORPORATION LIMITED, ONE CANTERBURY GREEN, STAMFORD CT 06901
Richard J Heckmann	director	75080 FRANK SINATRA DRIVE PALM DESERT CA 92211
John David Tolbert	officer: SVP, HR & Corp. Risk	345 S HIGH STREET, STE 201, MUNCIE IN 47305
Patricia Mount	officer: SVP, Finance	JARDEN CORPORATION, 555 THEODORE FREMD AVENUE, RYE NY 10580
Rene Pierre Azria	director	C/O JARDEN CORP, 555 THEODORE FREMD AVE, RYE NY 10580
Charles R Kaye	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017