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IPVIU (InterPrivate IV InfraTech Partners) ROC (Joel Greenblatt) % : 0.00% (As of Sep. 2022)


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What is InterPrivate IV InfraTech 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. InterPrivate IV InfraTech Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 0.00%.

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

IPVIU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1704.08   Med: 0   Max: 0
Current: -1704.08

IPVIU's ROC (Joel Greenblatt) % is not ranked
in the Diversified Financial Services industry.
Industry Median: -7 vs IPVIU: -1704.08

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


InterPrivate IV InfraTech Partners ROC (Joel Greenblatt) % Historical Data

The historical data trend for InterPrivate IV InfraTech 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.

InterPrivate IV InfraTech Partners ROC (Joel Greenblatt) % Chart

InterPrivate IV InfraTech Partners Annual Data
Trend Dec21
ROC (Joel Greenblatt) %
-

InterPrivate IV InfraTech Partners Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROC (Joel Greenblatt) % Get a 7-Day Free Trial -4,081.63 - - - -

Competitive Comparison of InterPrivate IV InfraTech Partners's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, InterPrivate IV InfraTech 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.


InterPrivate IV InfraTech Partners's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where InterPrivate IV InfraTech Partners's ROC (Joel Greenblatt) % falls into.



InterPrivate IV InfraTech 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: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.199) - (2.161 + 0 + 0)
=-1.962

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.12) - (4.236 + 0 + 0)
=-4.116

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of InterPrivate IV InfraTech Partners for the quarter that ended in Sep. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-8.084/( ( (0 + max(-1.962, 0)) + (0 + max(-4.116, 0)) )/ 1 )
=-8.084/( ( 0 + 0 )/ 1 )
=-8.084/0
= %

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


InterPrivate IV InfraTech Partners  (NAS:IPVIU) 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.


InterPrivate IV InfraTech Partners ROC (Joel Greenblatt) % Related Terms

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InterPrivate IV InfraTech Partners Business Description

Traded in Other Exchanges
N/A
Address
1350 Avenue of the Americas, 2nd Floor, New York, NY, USA, 10019
Website
InterPrivate IV InfraTech Partners Inc is a blank check company.
Executives
James S Eisenstein director C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
Kevin L Timmons director, officer: Chief Executive Officer 20200 MENDELSOHN LANE, SARATOGA CA 95070
Gary J Wojtaszek director CYRUSONE INC., 1649 W. FRANKFORD ROAD, CARROLLTON TX 75007
Peter Gross director 249 E. GARDENA BLVD., GARDENA CA 90248
Ahmed M Fattouh 10 percent owner, officer: Chairman C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Brandon C Bentley officer: General Counsel C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Michael D Perone director C/O BARRACUDA NETWORKS INC, 3175 S WINCHESTER BLVD, CAMPBELL CA 95008
Interprivate Acquisition Management Iv, Llc 10 percent owner, other: Director by Deputization 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Nina Fairbairn officer: Vice President 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
David Withers officer: President 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019