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Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) ROC (Joel Greenblatt) % : -920.00% (As of Mar. 2023)


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What is Social Capital Suvretta Holdings IV 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. Social Capital Suvretta Holdings IV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was -920.00%.

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

DNAD' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -356.15   Med: -356.15   Max: -293.22
Current: -293.22

During the past 2 years, Social Capital Suvretta Holdings IV's highest ROC (Joel Greenblatt) % was -293.22%. The lowest was -356.15%. And the median was -356.15%.

DNAD's ROC (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -21.42 vs DNAD: -293.22

Social Capital Suvretta Holdings IV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Social Capital Suvretta Holdings IV ROC (Joel Greenblatt) % Historical Data

The historical data trend for Social Capital Suvretta Holdings IV'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.

Social Capital Suvretta Holdings IV ROC (Joel Greenblatt) % Chart

Social Capital Suvretta Holdings IV Annual Data
Trend Dec21 Dec22
ROC (Joel Greenblatt) %
- -356.15

Social Capital Suvretta Holdings IV Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -244.39 -248.54 -270.61 -448.09 -920.00

Competitive Comparison of Social Capital Suvretta Holdings IV's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Social Capital Suvretta Holdings IV'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.


Social Capital Suvretta Holdings IV's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Social Capital Suvretta Holdings IV's ROC (Joel Greenblatt) % falls into.



Social Capital Suvretta Holdings IV 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: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.253) - (0.153 + 0 + 0)
=0.1

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.179) - (0.2 + 0 + 0)
=-0.021

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Social Capital Suvretta Holdings IV for the quarter that ended in Mar. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Mar. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.92/( ( (0 + max(0.1, 0)) + (0 + max(-0.021, 0)) )/ 1 )
=-0.92/( ( 0.1 + 0 )/ 1 )
=-0.92/0.1
=-920.00 %

Note: The EBIT data used here is four times the quarterly (Mar. 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.


Social Capital Suvretta Holdings IV  (NAS:DNAD) 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.


Social Capital Suvretta Holdings IV ROC (Joel Greenblatt) % Related Terms

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Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Business Description

Traded in Other Exchanges
N/A
Address
2850 W. Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
Website
Social Capital Suvretta Holdings Corp IV is a newly incorporated blank check company.
Executives
William J Newell director 887 GREAT NORTHERN WAY, VANCOUVER A1 V5T 4T5
Biren Amin director C/O IMMUNEERING CORPORATION, 245 MAIN STREET, SECOND FLOOR, CAMBRIDGE MA 02142
Steven Marc Solomon director 584 THE ALAMEDA, BERKELEY CA 94707
Amit Munshi director C/O EPIRUS BIOPHARMACEUTICALS, INC., 699 BOYLSTON STREET, 8TH FLOOR, BOSTON MA 02116
James Ryans officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Chamath Palihapitiya other: Manager THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Kishan Mehta other: Manager 540 WEST 49TH STREET, UNIT# PH1N, NEW YORK NY 10019
Shoney Katz officer: Director of Research 22 CORNELIA DRIVE, GREENWICH CT 06830
Aaron Cowen other: Manager of Minority Owner 540 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Scs Sponsor Iv Llc director, 10 percent owner 2850 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89052
Chachacha Dna Iv, Llc other: Majority Owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301

Social Capital Suvretta Holdings IV (Social Capital Suvretta Holdings IV) Headlines