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Global Wholehealth Partners (Global Wholehealth Partners) ROC (Joel Greenblatt) % : -280.58% (As of Jun. 2022)


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What is Global Wholehealth Partners 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. Global Wholehealth Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -280.58%.

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

GWHP's ROC (Joel Greenblatt) % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -2.17
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Global Wholehealth Partners ROC (Joel Greenblatt) % Historical Data

The historical data trend for Global Wholehealth Partners'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.

Global Wholehealth Partners ROC (Joel Greenblatt) % Chart

Global Wholehealth Partners Annual Data
Trend Jun13 Jun14 Jun19 Jun20 Jun21 Jun22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - - -3,615.25 -13,446.67 -279,066.67

Global Wholehealth Partners Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -723.92 -16,620.69 -2,698.74 -762.41 -280.58

Competitive Comparison of Global Wholehealth Partners's ROC (Joel Greenblatt) %

For the Medical Devices subindustry, Global Wholehealth Partners'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.


Global Wholehealth Partners's ROC (Joel Greenblatt) % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Global Wholehealth Partners's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Global Wholehealth Partners's ROC (Joel Greenblatt) % falls into.



Global Wholehealth Partners 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: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0.086 + 0.112) - (1.001 + 0 + 0)
=-0.803

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.02) - (0.904 + 0 + 0)
=-0.884

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Global Wholehealth Partners for the quarter that ended in Jun. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.672/( ( (0.478 + max(-0.803, 0)) + (0.001 + max(-0.884, 0)) )/ 2 )
=-0.672/( ( 0.478 + 0.001 )/ 2 )
=-0.672/0.2395
=-280.58 %

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


Global Wholehealth Partners  (OTCPK:GWHP) 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.


Global Wholehealth Partners ROC (Joel Greenblatt) % Related Terms

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Global Wholehealth Partners (Global Wholehealth Partners) Business Description

Traded in Other Exchanges
N/A
Address
1402 North El Camino Real, San Clemente, CA, USA, 92672
Global Wholehealth Partners Corp is a United States-based company that engages in the healthcare business. Its services include Colorectal Cancer Tests, Urinary Tract Infection Tests, Cholesterol Tests, Pregnancy Tests, and others.
Executives
Lai Kah Yin director, officer: CEO, CFO and Secretary JL. SUNTER KEMAYORAN NO. 168, JAKARTA ULTARA K8 14350

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