New Senior Investment Group (New Senior Investment Group) ROC (Joel Greenblatt) % : 0.00% (As of Jun. 2021)

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What is New Senior Investment Group 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. New Senior Investment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2021 was 0.00%.

The historical rank and industry rank for New Senior Investment Group's ROC (Joel Greenblatt) % or its related term are showing as below:

During the past 10 years, New Senior Investment Group's highest ROC (Joel Greenblatt) % was 373.49%. The lowest was -142.69%. And the median was 72.35%.

SNR's ROC (Joel Greenblatt) % is not ranked ^*
in the REITs industry.
Industry Median: 114.29
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

New Senior Investment Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.

New Senior Investment Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for New Senior Investment Group'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.

New Senior Investment Group ROC (Joel Greenblatt) % Chart

New Senior Investment Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROC (Joel Greenblatt) %

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72.35

373.49

-142.69

119.47

49.47

New Senior Investment Group Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
ROC (Joel Greenblatt) %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of New Senior Investment Group's ROC (Joel Greenblatt) %

For the REIT - Residential subindustry, New Senior Investment Group'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.

New Senior Investment Group's ROC (Joel Greenblatt) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, New Senior Investment Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where New Senior Investment Group's ROC (Joel Greenblatt) % falls into.

New Senior Investment Group 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: Mar. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.595	+	0	+	24.188)	-	(29.817	+	1.808	+	0)
=	-1.842

	Working Capital		(Q: Jun. 2021 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.677	+	0	+	20.484)	-	(28.095	+	0	+	0)
=	-2.934

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of New Senior Investment Group for the quarter that ended in Jun. 2021 can be restated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2021 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2021		Q: Jun. 2021
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	5.656	/	( ( (0 + max(-1.842, 0))	+	(0 + max(-2.934, 0)) )	/	1 )
=	5.656	/	( ( 0	+	0 )	/	1 )
=	5.656	/	0
=	%

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

New Senior Investment Group (NYSE:SNR) 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.

New Senior Investment Group ROC (Joel Greenblatt) % Related Terms

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New Senior Investment Group (New Senior Investment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Senior Investment Group Inc (NYSE:SNR) » Definitions » ROC (Joel Greenblatt) %

Comparable Companies

BRT BRG APTS RESI UMH NXRT IRET IRT AVB EQR ESS INVH SUI MAA ELS UDR CPT AMH TSX:CAR.UN AIV

Traded in Other Exchanges

N/A

Address

55 West 46th Street, Suite 2204, New York, NY, USA, 10036

Website

https://www.newseniorinv.com

New Senior Investment Group is a publicly traded real estate investment trust with a diversified portfolio of senior housing properties located across the United States. It is the only pure-play, publicly traded senior housing REIT in the U.S. and has over 12,000 units and more than 100 properties. It is uniquely positioned to serve middle-income seniors, its target market, through its independent living portfolio. New Senior has connections with some of the largest operators in the country and currently has five different operating partners. California and North Carolina account for the largest percentage of net operating income.

Executives

Virgis Colbert	director	5725 DELPHI DRIVE, TROY MI 48098
Michael D Malone	director	2430 LEMON TREE LANE, CHARLOTTE NC 28211
Stuart A Mcfarland	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Savage Robert F Jr	director
Van Der Hoof Holstein Cassia	director	1345 AVENUE OF THE AMERICAS NEW YORK NY 10105
David H. Milner	director	267 WATER STREET, 2ND FLOOR WARREN RI 02885
Lori B. Marino	officer: EVP, GC & Secretary	100 WASHINGTON BLVD, STAMFORD CT 06902
Susan Givens	director, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Bhairav Patel	officer: See Remarks	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David Jon Smith	officer: EVP, Chief Financial Officer	C/O FIG LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
James Justin Hutchens	director	C/O VENTAS, INC., 353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Wesley R Edens	director	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Justine Cheng	officer: CFO and Treasurer	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Newcastle Investment Corp	10 percent owner	10670 N. CENTRAL EXPRESSWAY, SUITE 700, DALLAS TX 75231
Mark A Wallace	officer: CFO and Treasurer	200 CRESCENT COURT, SUITE 1200, DALLAS TX 75201