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Global Vectra Helicorp (BOM:532773) ROC (Joel Greenblatt) % : 0.04% (As of Jun. 2024)


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What is Global Vectra Helicorp 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. Global Vectra Helicorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 0.04%.

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

BOM:532773' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.85   Med: 5.05   Max: 16.43
Current: 6.48

During the past 13 years, Global Vectra Helicorp's highest ROC (Joel Greenblatt) % was 16.43%. The lowest was -5.85%. And the median was 5.05%.

BOM:532773's ROC (Joel Greenblatt) % is ranked worse than
72.68% of 981 companies
in the Transportation industry
Industry Median: 12.5 vs BOM:532773: 6.48

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


Global Vectra Helicorp ROC (Joel Greenblatt) % Historical Data

The historical data trend for Global Vectra Helicorp'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.

Global Vectra Helicorp ROC (Joel Greenblatt) % Chart

Global Vectra Helicorp Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 -5.85 1.96 0.21 7.51

Global Vectra Helicorp Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 5.13 1.33 12.88 11.35 0.04

Competitive Comparison of Global Vectra Helicorp's ROC (Joel Greenblatt) %

For the Airports & Air Services subindustry, Global Vectra Helicorp'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.


Global Vectra Helicorp's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Vectra Helicorp's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Global Vectra Helicorp's ROC (Joel Greenblatt) % falls into.



Global Vectra Helicorp 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(372.702 + 285.356 + 1310.004) - (2311 + 0 + 976.032)
=-1318.97

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Global Vectra Helicorp for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2.012/( ( (4832.244 + max(-1318.97, 0)) + (0 + max(0, 0)) )/ 1 )
=2.012/( ( 4832.244 + 0 )/ 1 )
=2.012/4832.244
=0.04 %

Note: The EBIT data used here is four times the quarterly (Jun. 2024) 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.


Global Vectra Helicorp  (BOM:532773) 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.


Global Vectra Helicorp ROC (Joel Greenblatt) % Related Terms

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Global Vectra Helicorp Business Description

Traded in Other Exchanges
Address
Hangar Number - C - He / Hf, Airports Authority of India, Civil Aerodrome, Juhu, Mumbai, MH, IND, 400056
Global Vectra Helicorp Ltd is engaged in providing helicopter services. The company provides onshore and offshore services for oil and gas operations, the productions sector, geophysical survey, corporate and VIP flights, aerial photography and filming, religious tourism, emergency services, underslung operations, and power grid maintenance. It operates in a single segment that is the provision of helicopter services in India. The company has its main maintenance base at Juhu Airport, Mumbai with sub-bases supporting onshore and offshore operations across the length and breadth of India.

Global Vectra Helicorp Headlines

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