GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Loral Space & Communications Inc (NAS:LORL) » Definitions » ROC (Joel Greenblatt) %

Loral Spacemmunications (Loral Spacemmunications) ROC (Joel Greenblatt) % : -18,742.62% (As of Sep. 2021)


View and export this data going back to 2005. Start your Free Trial

What is Loral Spacemmunications 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. Loral Spacemmunications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2021 was -18,742.62%.

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

LORL's ROC (Joel Greenblatt) % is not ranked *
in the Telecommunication Services industry.
Industry Median: 13.645
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Loral Spacemmunications ROC (Joel Greenblatt) % Historical Data

The historical data trend for Loral Spacemmunications'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.

Loral Spacemmunications ROC (Joel Greenblatt) % Chart

Loral Spacemmunications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -553.74 -1,610.68

Loral Spacemmunications Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 1,251.91 -5,643.29 -4,046.36 -4,077.55 -18,742.62

Competitive Comparison of Loral Spacemmunications's ROC (Joel Greenblatt) %

For the Telecom Services subindustry, Loral Spacemmunications'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.


Loral Spacemmunications's ROC (Joel Greenblatt) % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Loral Spacemmunications's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Loral Spacemmunications 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: Jun. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.997) - (4.534 + 0 + 0.083)
=-3.62

Working Capital(Q: Sep. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.579) - (12.058 + 0 + 0.083)
=-11.562

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Loral Spacemmunications for the quarter that ended in Sep. 2021 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2021  Q: Sep. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-44.42/( ( (0.315 + max(-3.62, 0)) + (0.159 + max(-11.562, 0)) )/ 2 )
=-44.42/( ( 0.315 + 0.159 )/ 2 )
=-44.42/0.237
=-18,742.62 %

Note: The EBIT data used here is four times the quarterly (Sep. 2021) 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.


Loral Spacemmunications  (NAS:LORL) 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.


Loral Spacemmunications ROC (Joel Greenblatt) % Related Terms

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


Loral Spacemmunications (Loral Spacemmunications) Business Description

Traded in Other Exchanges
N/A
Address
600 Fifth Avenue, New York, NY, USA, 10020
Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.
Executives
Janet T Yeung director MHR FUND MANAGEMENT LLC 1345 AVENUE OF THE AMERICAS, 42ND FLOOR NEW YORK NY 10105
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
Rachesky Mark H Md director, 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Holdings Llc 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Ravinder Singh Girgla officer: Vice President and Controller 565 FIFTH AVENUE NEW YORK NY 10017
Michael B Targoff director 40 WEST 57TH ST., NEW YORK NY 10019
Mhrc Ii Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
Mhrc I Llc 10 percent owner 40 WEST 57TH STREET 24TH FLOOR NEW YORK NY 10019
John Capogrossi officer: VP and Controller 600 THIRD AVENUE NEW YORK NY 10016
Arthur L Simon director 971 HAVERSTRAW RD SUFFERN NY 10901
Harvey B Rein officer: Vice President & Controller 600 THIRD AVENUE NEW YORK NY 10016
Richard Mastoloni officer: Vice President & Treasurer 600 THIRD AVENUE NEW YORK NY 10016
Dean Olmstead director 90 INVERNESS CIRCLE EAST, ENGLEWOOD CO 80112
Harkey John D Jr director 305 MAIN STREET, REDWOOD CITY CA 94063
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019