BSLK (Bolt Projects Holdings) ROC (Joel Greenblatt) % : -45,939.39% (As of Dec. 2024)

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What is Bolt Projects Holdings 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. Bolt Projects Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -45,939.39%.

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

BSLK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -304233.33 Med: -131.11 Max: 2006.06
Current: 2006.06

During the past 4 years, Bolt Projects Holdings's highest ROC (Joel Greenblatt) % was 2006.06%. The lowest was -304233.33%. And the median was -131.11%.

BSLK's ROC (Joel Greenblatt) % is ranked better than
82% of 250 companies
in the Diversified Financial Services industry
Industry Median: -10.335 vs BSLK: 2006.06

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

Bolt Projects Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bolt Projects Holdings'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.

Bolt Projects Holdings ROC (Joel Greenblatt) % Chart

Bolt Projects Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROC (Joel Greenblatt) %

-80.77

-127.39

-134.83

-304,233.33

Bolt Projects Holdings Quarterly Data
	Dec21	Sep22	Dec22	Sep23	Dec23	Jun24	Sep24	Dec24
ROC (Joel Greenblatt) %	Get a 7-Day Free Trial			-46.26	-	-	34,246.15	-45,939.39

Competitive Comparison of Bolt Projects Holdings's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Bolt Projects Holdings'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.

Bolt Projects Holdings's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bolt Projects Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bolt Projects Holdings's ROC (Joel Greenblatt) % falls into.

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Bolt Projects Holdings 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: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	2.984	+	2.921)	-	(5.848	+	0	+	0)
=	0.056999999999999

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.87	+	1.76	+	2.593)	-	(6.837	+	0	+	0)
=	-1.614

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bolt Projects Holdings for the quarter that ended in Dec. 2024 can be restated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-22.74	/	( ( (0.021 + max(0.056999999999999, 0))	+	(0.021 + max(-1.614, 0)) )	/	2 )
=	-22.74	/	( ( 0.078	+	0.021 )	/	2 )
=	-22.74	/	0.0495
=	-45,939.39 %

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

Bolt Projects Holdings (NAS:BSLK) 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.

Bolt Projects Holdings ROC (Joel Greenblatt) % Related Terms

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