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DNA Brands (DNA Brands) ROC (Joel Greenblatt) % : 0.00% (As of Dec. 2016)


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What is DNA Brands 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. DNA Brands's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 0.00%.

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

DNAX's ROC (Joel Greenblatt) % is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 20.475
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


DNA Brands ROC (Joel Greenblatt) % Historical Data

The historical data trend for DNA Brands'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.

DNA Brands ROC (Joel Greenblatt) % Chart

DNA Brands Annual Data
Trend Oct07 Oct08 Oct09 Dec10 Dec11 Dec12 Dec13 Dec15 Dec16
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -10,032.56 -13,303.85 -12,137.50 -2,400.00 -

DNA Brands Semi-Annual Data
Oct07 Oct08 Oct09 Dec10 Dec11 Dec12 Dec13 Dec15 Dec16
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -10,032.56 -13,303.85 -12,137.50 -2,400.00 -

Competitive Comparison of DNA Brands's ROC (Joel Greenblatt) %

For the Beverages - Non-Alcoholic subindustry, DNA Brands'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.


DNA Brands's ROC (Joel Greenblatt) % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, DNA Brands's ROC (Joel Greenblatt) % distribution charts can be found below:

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



DNA Brands 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. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.108 + 0 + 0.167)
=-0.274

Working Capital(Q: Dec. 2016 )
=(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 DNA Brands for the quarter that ended in Dec. 2016 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2015  Q: Dec. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.247/( ( (0 + max(-0.274, 0)) + (0 + max(0, 0)) )/ 1 )
=-0.247/( ( 0 + 0 )/ 1 )
=-0.247/0
= %

Note: The EBIT data used here is one times the annual (Dec. 2016) 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.


DNA Brands  (OTCPK:DNAX) 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.


DNA Brands ROC (Joel Greenblatt) % Related Terms

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DNA Brands (DNA Brands) Business Description

Traded in Other Exchanges
N/A
Address
255 Eversedge Ct, Alpharetta, GA, USA, 30009
DNA Brands Inc is engaged in the production, marketing, and sale of five carbonated blends of DNA Energy Drink, Citrus, Sugar-Free Citrus, Original, Cryo-Berry, and Molecular Melon; as well as three milk-based energy coffees fortified with Omega 3. These flavors are Mocha, Vanilla Latte, and Caramel Macchiato. The company markets its products to retailers, restaurants, bars, and clubs.
Executives
Melvin Leiner director, officer: Chief Financial Officer C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE 6, BOCA RATON FL 33431
Darren Marks director, officer: Chief Executive Officer C/O GROM SOCIAL ENTERPRISES, INC., 2060 NW BOCA RATON BLVD, SUITE #6, BOCA RATON FL 33431