GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Legacy Imbds Inc (OTCPK:IMBIQ) » Definitions » ROC (Joel Greenblatt) %

Legacy Imbds (Legacy Imbds) ROC (Joel Greenblatt) % : -58.52% (As of Oct. 2022)


View and export this data going back to 1991. Start your Free Trial

What is Legacy Imbds 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. Legacy Imbds's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2022 was -58.52%.

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

IMBIQ's ROC (Joel Greenblatt) % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 10.03
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Legacy Imbds ROC (Joel Greenblatt) % Historical Data

The historical data trend for Legacy Imbds'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.

Legacy Imbds ROC (Joel Greenblatt) % Chart

Legacy Imbds Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.11 -55.50 -11.46 -11.86 -47.94

Legacy Imbds Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 -0.76 -20.33 -30.12 -58.52 -72.93

Competitive Comparison of Legacy Imbds's ROC (Joel Greenblatt) %

For the Specialty Retail subindustry, Legacy Imbds'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.


Legacy Imbds's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Legacy Imbds's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Legacy Imbds 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: Jul. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(65.577 + 104.978 + 42.113) - (117.636 + 0.209 + 34.254)
=60.569

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.301 + 119.162 + 34.242) - (124.312 + 0.121 + 30.296)
=53.976

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Legacy Imbds for the quarter that ended in Oct. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2022  Q: Oct. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-60.98/( ( (47.074 + max(60.569, 0)) + (46.788 + max(53.976, 0)) )/ 2 )
=-60.98/( ( 107.643 + 100.764 )/ 2 )
=-60.98/104.2035
=-58.52 %

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


Legacy Imbds  (OTCPK:IMBIQ) 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.


Legacy Imbds ROC (Joel Greenblatt) % Related Terms

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


Legacy Imbds (Legacy Imbds) Business Description

Traded in Other Exchanges
N/A
Address
6740 Shady Oak Road, Eden Prairie, MN, USA, 55344-3433
Legacy Imbds Inc Formerly iMedia Brands Inc is a global interactive media company that manages a portfolio of shopping television networks and web service businesses, primarily in North America, for English and Spanish speaking audiences. It's brand portfolio spans multiple business models and product categories and includes ShopHQ, iMedia Web Services, Bulldog Shopping Network, and LaVenta Shopping Network. It operates in three segments: Entertainment, Consumer Brand and Media Commerce Services. Geographically, it derives a majority of its revenue from the US.
Executives
Jill Kathleen Frizzley director P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965
Steven G Panagos director C/O SPIRIT MTA REIT, 2727 NORTH HARWOOD STREET, SUITE 300, DALLAS TX 75201
James Alt officer: Chief Transformation Officer 6740 SHADY OAK ROAD, MINNEAPOLIS MN 55344
Alan W Aldworth director 300 N ZEEB ROAD, AN ARBOR MI 48103
Michael Friedman director 6740 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Eyal Lalo director 6740 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Landel C Hobbs director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Tim Peterman officer: Chief Financial Officer
Thomas Zielecki officer: Chief Financial Officer 6740 SHADY OAK ROAD, MINNEAPOLIS MN 55344
Montgomery Wageman officer: Chief Financial Officer 6740 SHADY OAK ROAD, EDEN PRARIE MN 55344
Darryl C. Porter director 6740 SHADY OAK RD, EDEN PRAIRIE MN 55344
Invicta Media Investments, Llc 10 percent owner 3069 TAFT STREET, HOLLYWOOD FL 33021
Jill M Krueger director
James Spolar officer: SVP, GC and Secretary 6740 SHADY OAK RD, EDEN PRAIRIE MN 55344
Aaron Reitkopf director 6740 SHADY OAK RD, EDEN PRAIRIE MN 55344

Legacy Imbds (Legacy Imbds) Headlines