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GMER (Good Gaming) ROC (Joel Greenblatt) % : 0.00% (As of Sep. 2024)


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What is Good Gaming 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. Good Gaming's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.00%.

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

During the past 13 years, Good Gaming's highest ROC (Joel Greenblatt) % was 6466.67%. The lowest was -49200.00%. And the median was -9775.21%.

GMER's ROC (Joel Greenblatt) % is not ranked *
in the Travel & Leisure industry.
Industry Median: 9.2
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Good Gaming ROC (Joel Greenblatt) % Historical Data

The historical data trend for Good Gaming'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.

Good Gaming ROC (Joel Greenblatt) % Chart

Good Gaming Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,464.71 -16,981.82 6,466.67 -48,825.00 -49,200.00

Good Gaming Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Good Gaming's ROC (Joel Greenblatt) %

For the Gambling subindustry, Good Gaming'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.


Good Gaming's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Good Gaming's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Good Gaming 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.036) - (0.814 + 0 + 0)
=-0.778

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.023) - (0.918 + 0 + 0)
=-0.895

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Good Gaming for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.764/( ( (0 + max(-0.778, 0)) + (0 + max(-0.895, 0)) )/ 1 )
=-0.764/( ( 0 + 0 )/ 1 )
=-0.764/0
= %

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


Good Gaming  (OTCPK:GMER) 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.


Good Gaming ROC (Joel Greenblatt) % Related Terms

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Good Gaming Business Description

Traded in Other Exchanges
N/A
Address
415 McFarlan Road, Suite 108, Kennett Square, PA, USA, 19348
Good Gaming Inc operates as a tournament gaming platform and online destination, targeting esports players and participants. Its a publicly-traded interactive entertainment company that evolved gaming from traditional gaming to the creation of digital playgrounds across a vast array of platforms. It wants to be a full-service company providing Esports gaming tournaments and Minecraft experiences.
Executives
Jordan Axt director 2130 N. LINCOLN PARK WEST, CHICAGO IL 60614
Tassos D. Recachinas director, 10 percent owner, officer: President 130 BROOKFIELD AVE., FAIRFIELD CT 06825
Hillwinds Ocean Energy, Llc 10 percent owner, other: Control Person (Entity) 501 KINGS HIGHWAY EAST, SUITE 108, FAIRFIELD CT 06825
Mark S Simon director, officer: President/CEO/CFO 345 S END AVENUE #7P, NEW YORK NY 10280

Good Gaming Headlines

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Good Gaming Inc. Announces Letter to Shareholders

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