WINR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
WINR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Simplicity Esports and Gaming Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2023 was -30,300.00%.
The historical rank and industry rank for Simplicity Esports and Gaming Co's ROC (Joel Greenblatt) % or its related term are showing as below:
Simplicity Esports and Gaming Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
The historical data trend for Simplicity Esports and Gaming Co'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.
Simplicity Esports and Gaming Co Annual Data | |||||||||||||||
Trend | May17 | May18 | May19 | May20 | May21 | May22 | |||||||||
ROC (Joel Greenblatt) % | Get a 7-Day Free Trial | -36.00 | -1,632.26 | -559.62 | -338.75 | -940.08 |
Simplicity Esports and Gaming Co Quarterly Data | ||||||||||||||||||||
May18 | Aug18 | Nov18 | Feb19 | May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | |
ROC (Joel Greenblatt) % | Get a 7-Day Free Trial | -181.57 | -2,007.05 | -2,169.51 | 10,642.89 | -30,300.00 |
For the Electronic Gaming & Multimedia subindustry, Simplicity Esports and Gaming Co'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.
For the Interactive Media industry and Communication Services sector, Simplicity Esports and Gaming Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Simplicity Esports and Gaming Co's ROC (Joel Greenblatt) % falls into.
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: Nov. 2022 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0.016 | + | 0 | + | 0.003) | - | (2.833 | + | 0.024 | + | 3.389) |
= | -6.227 |
Working Capital | (Q: Feb. 2023 ) | ||||||||||
= | (Accounts Receivable | + | Total Inventories | + | Other Current Assets) | - | (Accounts Payable & Accrued Expense | + | Defer. Rev. | + | Other Current Liabilities) |
= | (0.029 | + | 0 | + | 0.004) | - | (2.908 | + | 0.007 | + | 0.808) |
= | -3.69 |
When net working capital is negative, 0 is used.
So ROC (Joel Greenblatt) % of Simplicity Esports and Gaming Co for the quarter that ended in Feb. 2023 can be restated as:
ROC (Joel Greenblatt) % | (Q: Feb. 2023 ) | ||||||
= | EBIT | / | Average of (Net fixed Assets | + | Net Working Capital) | ||
= | EBIT | / | Average of (Property, Plant and Equipment | + | Net Working Capital) | ||
Q: Nov. 2022 | Q: Feb. 2023 | ||||||
= | EBIT | / | ( ( (Property, Plant and Equipment + Net Working Capital) | + | (Property, Plant and Equipment + Net Working Capital) ) | / | count ) |
= | -1.212 | / | ( ( (0.004 + max(-6.227, 0)) | + | (0.004 + max(-3.69, 0)) ) | / | 2 ) |
= | -1.212 | / | ( ( 0.004 | + | 0.004 ) | / | 2 ) |
= | -1.212 | / | 0.004 | ||||
= | -30,300.00 % |
Note: The EBIT data used here is four times the quarterly (Feb. 2023) 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.
Simplicity Esports and Gaming Co (OTCPK:WINR) 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.
Thank you for viewing the detailed overview of Simplicity Esports and Gaming Co's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Beatrice Tarka | director | 800 WEST EL CAMINO REAL, SUITE 275, MOUNTAIN VIEW CA 94040 |
Roman Nehemiah Franklin | director, officer: President | 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105 |
Herrmann William H Jr | director | PO BOX 6, BRYN ATHYN PA 19009 |
Jed Philip Kaplan | director, officer: CEO and Interim CFO | C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433 |
Edward L Jaroski | director | 5847 SAN FELIPE, SUITE 4100, HOUSTON TX 77057 |
Nancy L. Hennessey | officer: Chief Financial Officer | 7000, W. PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433 |
Laila Cavalcanti Loss | director | 7000W PALMETTO PARK RD, SUITE 505, BOCA RATON FL 33433 |
Lau Knicks | officer: Chief Financial Officer | 1980 FESTIVAL PLAZA DR., SUITE 750, LAS VEGAS NV 89135 |
Polar Asset Management Partners Inc. | 10 percent owner | 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6 |
K2 Principal Fund, L.p. | 10 percent owner | 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2 |
K2 Genpar 2017 Inc. | 10 percent owner | 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2 |
Steven Michael Grossman | officer: President of Subsidiary | C/O SIMPLICITY ESPORTS AND GAMING CO., 7000 W PALMETTO PARK ROAD SUITE 210, BOCA RATON FL 33433 |
Donald R Caldwell | director | 5 RADNOR CORP CENTER STE 555, RADNOR PA 19087 |
Max Wayne Hooper | director | 1345 AVE OF THE AMERICAS 2ND FL, NEW YORK NY 10105 |
Frank Leavy | director | 1345 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10105 |
From GuruFocus
By Marketwired Marketwired • 08-09-2021
By Marketwired Marketwired • 09-15-2021
By Marketwired Marketwired • 12-28-2020
By PurpleRose PurpleRose • 07-14-2022
By Don Li2 Don Li2 • 11-05-2021
By GlobeNewswire GlobeNewswire • 02-08-2021
By sperokesalga sperokesalga • 03-31-2023
By Marketwired Marketwired • 09-09-2021
By Marketwired Marketwired • 02-08-2021
By Marketwired Marketwired • 06-08-2021
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.