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SLDP (Solid Power) ROC (Joel Greenblatt) % : -58.10% (As of Mar. 2025)


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What is Solid Power 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. Solid Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -58.10%.

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

SLDP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -154.89   Med: -77.61   Max: 120.81
Current: -83.91

During the past 6 years, Solid Power's highest ROC (Joel Greenblatt) % was 120.81%. The lowest was -154.89%. And the median was -77.61%.

SLDP's ROC (Joel Greenblatt) % is ranked worse than
96.06% of 1319 companies
in the Vehicles & Parts industry
Industry Median: 11.75 vs SLDP: -83.91

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


Solid Power ROC (Joel Greenblatt) % Historical Data

The historical data trend for Solid Power'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.

Solid Power ROC (Joel Greenblatt) % Chart

Solid Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -154.89 120.81 -17.16 -65.86 -89.36

Solid Power Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -78.74 -80.73 -81.95 -113.27 -58.10

Competitive Comparison of Solid Power's ROC (Joel Greenblatt) %

For the Auto Parts subindustry, Solid Power'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.


Solid Power's ROC (Joel Greenblatt) % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Solid Power's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Solid Power 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: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 5.646) - (8.124 + 3.15 + 7.578)
=-13.206

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 6.112) - (6.421 + 0 + 3.142)
=-3.451

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Solid Power for the quarter that ended in Mar. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-60.292/( ( (105.554 + max(-13.206, 0)) + (101.992 + max(-3.451, 0)) )/ 2 )
=-60.292/( ( 105.554 + 101.992 )/ 2 )
=-60.292/103.773
=-58.10 %

Note: The EBIT data used here is four times the quarterly (Mar. 2025) 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.


Solid Power  (NAS:SLDP) 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.


Solid Power ROC (Joel Greenblatt) % Related Terms

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


Solid Power Business Description

Traded in Other Exchanges
N/A
Address
486 South Pierce Avenue, Suite E, Louisville, CO, USA, 80027
Solid Power Inc is engaged in solid-state battery technology and manufacturing processes. Its core technology is a sulfide-based solid electrolyte material, which replaces the liquid or gel electrolyte used in traditional lithium-ion battery cells. Its commercialization strategy is to manufacture and sell electrolytes to Tier 1 battery manufacturers and automotive original equipment manufacturers (OEMs) that choose to produce its battery cells.
Executives
Steven H Goldberg director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Joshua Buettner-garrett officer: Chief Technology Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Erik J Anderson director, officer: Chief Executive Officer 1411 E MISSION AVE, SPOKANE WA 99202
Lesa B Roe director C/O SOLID POWER, INC., 486 S PIERCE AVE, SUITE E, LOUISVILLE CO 80027
Susan M Kreh director 18400 PLEASANT STREET, BROOKFIELD WI 53045
Kaled Awada director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Van Scoter John C. director, officer: President & CEO 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Douglas M Campbell director, officer: Chief Executive Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
John Joseph Stephens director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Volta Energy Technologies, Llc 10 percent owner 28365 DAVIS PARKWAY, SUITE 202, WARRENVILLE IL 60555
Aleksandra A Miziolek director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Jon Eric Jacobs officer: Chief Marketing Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
David B Jansen director, officer: President C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Johnson Derek Colby officer: Chief Operating Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027