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Crucible Acquisition (Crucible Acquisition) ROC (Joel Greenblatt) % : 0.00% (As of Sep. 2022)


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What is Crucible Acquisition 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. Crucible Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 0.00%.

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

CRU's ROC (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -16.67
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Crucible Acquisition ROC (Joel Greenblatt) % Historical Data

The historical data trend for Crucible Acquisition'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.

Crucible Acquisition ROC (Joel Greenblatt) % Chart

Crucible Acquisition Annual Data
Trend Dec20 Dec21
ROC (Joel Greenblatt) %
- -

Crucible Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Crucible Acquisition's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Crucible Acquisition'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.


Crucible Acquisition's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

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



Crucible Acquisition 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: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.201) - (0.511 + 0 + 0)
=-0.31

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.095) - (0.641 + 0 + 0)
=-0.546

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Crucible Acquisition for the quarter that ended in Sep. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.024/( ( (0 + max(-0.31, 0)) + (0 + max(-0.546, 0)) )/ 1 )
=-1.024/( ( 0 + 0 )/ 1 )
=-1.024/0
= %

Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.


Crucible Acquisition  (NYSE:CRU) 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.


Crucible Acquisition ROC (Joel Greenblatt) % Related Terms

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Crucible Acquisition (Crucible Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
645 Walnut Street, Boulder, CO, USA, 80302
Crucible Acquisition Corp is a blank check company.
Executives
Sara Baack director ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Bradley A Feld director, officer: Chairman of the Board C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302
Foundry Group Next 2018, L.p. director, 10 percent owner 645 WALNUT STREET, BOULDER CO 80302
Fg Next Gp 2018, Llc director, 10 percent owner 1050 WALNUT ST #210, BOULDER CO 80302
James M Lejeal director, officer: Chief Executive Officer 3333 WALNUT STREET, BOULDER CO 80301
Margaret Porfido director 175 CORDOVA COURT, BOULDER CO 80303
Foundry Crucible I, Llc director, 10 percent owner 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jewel M. Burks director C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302
Jason M. Lynch officer: Chief Administrative Officer C/O CRUCIBLE ACQUISITION CORPORATION, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302