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IMIID (Blusky AI) ROC (Joel Greenblatt) % : -26,200.00% (As of Sep. 2024)


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What is Blusky AI 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. Blusky AI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -26,200.00%.

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

IMIID' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -32271.74   Med: 262.07   Max: 31500
Current: -32271.74

During the past 13 years, Blusky AI's highest ROC (Joel Greenblatt) % was 31500.00%. The lowest was -32271.74%. And the median was 262.07%.

IMIID's ROC (Joel Greenblatt) % is ranked worse than
99.32% of 2509 companies
in the Metals & Mining industry
Industry Median: -21.18 vs IMIID: -32271.74

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


Blusky AI ROC (Joel Greenblatt) % Historical Data

The historical data trend for Blusky AI'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.

Blusky AI ROC (Joel Greenblatt) % Chart

Blusky AI Annual Data
Trend Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,898.46 1,665.11 615.82 -447.06 31,500.00

Blusky AI 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 -10,466.67 -63,503.45 -7,163.64 -11,885.71 -26,200.00

Competitive Comparison of Blusky AI's ROC (Joel Greenblatt) %

For the Gold subindustry, Blusky AI'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.


Blusky AI's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Blusky AI's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Blusky AI 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) - (1.568 + 0 + 0.334)
=-1.902

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.69 + 0 + 0.473)
=-2.163

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Blusky AI 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 )
=-1.048/( ( (0.005 + max(-1.902, 0)) + (0.003 + max(-2.163, 0)) )/ 2 )
=-1.048/( ( 0.005 + 0.003 )/ 2 )
=-1.048/0.004
=-26,200.00 %

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.


Blusky AI  (OTCPK:IMIID) 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.


Blusky AI ROC (Joel Greenblatt) % Related Terms

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Blusky AI Business Description

Traded in Other Exchanges
N/A
Address
5530 South 900 East, Suite 280, Murray, UT, USA, 84117
Blusky AI Inc Formerly Inception Mining Inc is a mining company. It operate as a consultant and advisor to the mining industry. It operates the Clavo Rico mine in Honduras through its wholly-owned subsidiary, Compania Minera Cerros del Sur, S.A de C.V. (CMCS) and other mining concessions.
Executives
Whitney O Cluff director, officer: Chief Financial Officer 6550 SOUTH MILLROCK DRIVE, SUITE 200, SALT LAKE CITY UT 84121
Trent D'ambrosio director, 10 percent owner 5320 SOUTH 900 EAST, #260, MURRAY UT 84107
Reed L Benson director 7050 UNION PARK CENTER, #600, SALT LAKE CITY UT 84047
Jason Briggs 10 percent owner 4049 S. HIGHLAND DRIVE, SALT LAKE CITY UT 84124
Kay W Briggs director 978 EAGLE WAY, NORTH SALT LAKE UT 84054
Michael Ahlin director, officer: CEO 4770 ICHABOD DRIVE, HOLLADAY UT 84117
Brian T. Brewer director, officer: COO P.O. BOX 305, SALMON ID 83467