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Globalink Investment (Globalink Investment) ROC (Joel Greenblatt) % : 0.00% (As of Mar. 2024)


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What is Globalink Investment 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. Globalink Investment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.00%.

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

GLLI's ROC (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -26.29
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Globalink Investment ROC (Joel Greenblatt) % Historical Data

The historical data trend for Globalink Investment'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.

Globalink Investment ROC (Joel Greenblatt) % Chart

Globalink Investment Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- - -

Globalink Investment Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Globalink Investment's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Globalink Investment'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.


Globalink Investment's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

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



Globalink Investment 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.126) - (2.414 + 0 + 0)
=-2.288

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.135) - (2.21 + 0 + 0)
=-2.075

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Globalink Investment for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.076/( ( (0 + max(-2.288, 0)) + (0 + max(-2.075, 0)) )/ 1 )
=-1.076/( ( 0 + 0 )/ 1 )
=-1.076/0
= %

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


Globalink Investment  (NAS:GLLI) 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.


Globalink Investment ROC (Joel Greenblatt) % Related Terms

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Globalink Investment (Globalink Investment) Business Description

Traded in Other Exchanges
N/A
Address
1180 Avenue of the Americas, 8th Floor, New York, NY, USA, 10036
Website
Globalink Investment Inc is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Zeng Yenn Chin director, officer: Chief Financial Officer 1180 AVENUE OF AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Hong Shien Beh director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Kian Huat Lai director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Hui Liang Wong director 1180 AVENUE OF THE AMERICAS,, 8 FLOOR,, NEW YORK NY 10036
Say Leong Lim director, officer: Director and CEO 1180 AVENUE OF THE AMERICAS,, 8 FLOOR, NEW YORK NY 10036
Ming Hang Chong director, officer: Director and CFO 27-2A, THE TAMARIND, JALAN SERI TANJUNG, PINANG 1, TANJUNG TOKONG, PENANG N8 10470

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