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Trilogy Metals ROC (Joel Greenblatt) %

: -1,097.98% (As of May. 2022)
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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. Trilogy Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2022 was -1,097.98%.

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

TMQ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1327.6   Med: -73.35   Max: -28.36
Current: -1327.6

During the past 12 years, Trilogy Metals's highest ROC (Joel Greenblatt) % was -28.36%. The lowest was -1327.60%. And the median was -73.35%.

TMQ's ROC (Joel Greenblatt) % is ranked worse than
92.62% of 2425 companies
in the Metals & Mining industry
Industry Median: -20.61 vs TMQ: -1327.60

Trilogy Metals's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -76.60% per year.


Trilogy Metals ROC (Joel Greenblatt) % Historical Data

The historical data trend for Trilogy Metals'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.

Trilogy Metals Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
ROC (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -62.29 -70.83 -91.31 -75.61 -1,307.93

Trilogy Metals Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
ROC (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -1,086.96 -951.46 -1,078.86 -2,049.05 -1,097.98

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Trilogy Metals'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.

   

Trilogy Metals ROC (Joel Greenblatt) % Distribution

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

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



Trilogy Metals 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: Feb. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.017 + 0 + 0.242) - (0.571 + 0 + 1.1102230246252E-16)
=-0.312

Working Capital(Q: May. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.012 + 0 + 0.626) - (0.553 + 0 + -1.1102230246252E-16)
=0.085

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Trilogy Metals for the quarter that ended in May. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2022  Q: May. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.984/( ( (0.585 + max(-0.312, 0)) + (0.42 + max(0.085, 0)) )/ 2 )
=-5.984/( ( 0.585 + 0.505 )/ 2 )
=-5.984/0.545
=-1,097.98 %

Note: The EBIT data used here is four times the quarterly (May. 2022) 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.


Trilogy Metals  (AMEX:TMQ) 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.


Trilogy Metals ROC (Joel Greenblatt) % Related Terms

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


Trilogy Metals Business Description

Trilogy Metals logo
Traded in Other Exchanges
Address
609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
Executives
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS 33RD FLOOR NEW YORK NY 10036
Gowans James director C/O TRILOGY METALS INC. SUITE 1150, 609 GRANVILLE STREET VANCOUVER A1 V7Y 1G5
South32 International Investment Holdings Proprietary Ltd 10 percent owner LEVEL 35, 108 ST GEORGES TERRACE PERTH C3 WA 6000
South32 Ltd 10 percent owner LEVEL 32 125 ST GEORGES TERRACE PERTH C3 6000
Hensley William L. Iggiagruk director C/O TRILOGY METALS INC. SUITE 1150, 609 GRANVILLE STREET VANCOUVER A1 V7Y 1G5
Walters Diana J director 5430 LBJ FREEWAY SUITE 1800 DALLAS TX 75240
Esof Gp Ltd. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC 700 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Electrum Strategic Opportunities Fund L.p. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC 700 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Oneill Philip director C/O NOVACOPPER INC. SUITE 1950, 777 DUNSMUIR STREET VANCOUVER A1 V7Y 1K4
Gold First Investments Ltd. 10 percent owner C/O UNIT 801-2, 8/F, TUNG HIP COMM. BLDG 244-248 DES VOEUX ROAD CENTRAL SHEUNG WAN K3 0000
Notela Resource Advisors Ltd. 10 percent owner 819 22ND AVENUE NW CALGARY A0 T2M 1P3
Hayden William Beckwith director C/O TRILOGY METALS INC. SUITE 1950, 777 DUNSMUIR STREET VANCOUVER A1 V7Y 1K4
Grat Holdings Llc 10 percent owner 535 MADISON AVENUE, 12TH FLOOR NEW YORK NY 10022
Teg Global Gp Ltd. 10 percent owner 535 MADISON AVENUE, 11TH FLOOR NEW YORK NY 10022
Leopard Holdings Llc 10 percent owner 535 MADISON AVENUE, 12TH FLOOR NEW YORK NY 10022

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