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KINS Technology Group (KINS Technology Group) ROC (Joel Greenblatt) % : -2,217.29% (As of Sep. 2023)


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What is KINS Technology Group 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. KINS Technology Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2,217.29%.

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

KINZU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -611.43   Med: -611.43   Max: 113.94
Current: 113.94

During the past 3 years, KINS Technology Group's highest ROC (Joel Greenblatt) % was 113.94%. The lowest was -611.43%. And the median was -611.43%.

KINZU's ROC (Joel Greenblatt) % is ranked better than
76.86% of 2761 companies
in the Software industry
Industry Median: 13.3 vs KINZU: 113.94

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


KINS Technology Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for KINS Technology Group'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.

KINS Technology Group ROC (Joel Greenblatt) % Chart

KINS Technology Group Annual Data
Trend Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
- -611.43 -

KINS Technology Group Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -2,496.30 -2,112.59 -2,217.29

Competitive Comparison of KINS Technology Group's ROC (Joel Greenblatt) %

For the Software - Application subindustry, KINS Technology Group'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.


KINS Technology Group's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, KINS Technology Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where KINS Technology Group's ROC (Joel Greenblatt) % falls into.



KINS Technology Group 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. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.19 + 0 + 1.115) - (2.969 + 2.2 + 13.721)
=-16.585

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.839 + 0 + 1.016) - (3.202 + 1.973 + 2.552)
=-5.872

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of KINS Technology Group for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-16.796/( ( (0.815 + max(-16.585, 0)) + (0.7 + max(-5.872, 0)) )/ 2 )
=-16.796/( ( 0.815 + 0.7 )/ 2 )
=-16.796/0.7575
=-2,217.29 %

Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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.


KINS Technology Group  (NAS:KINZU) 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.


KINS Technology Group ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of KINS Technology Group's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


KINS Technology Group (KINS Technology Group) Business Description

Traded in Other Exchanges
Address
Four Palo Alto Square, Suite 200, 3000 El Camino Real, Palo Alto, CA, USA, 94306
CXApp Inc is a workplace experience platform for enterprise customers. It is a SaaS product for enterprise organizations, distributing a mobile app to all employees within the organization. It includes a content management system (or CMS) so customers can adjust configurations for their workplace settings autonomously and spontaneously. Its technologies and solutions help enterprise customers deliver a comprehensive business journey in a work 'from-anywhere' world for employees, partners, customers, and visitors. CXApp offers native mapping, analytics, on-device positioning (or ODP), and application technologies that bring people together.
Executives
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Israel A Englander other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc other: See Footnote 2 399 PARK AVENUE, NEW YORK NY 10022
Millennium Group Management Llc other: See Footnote 2 C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Ics Opportunities, Ltd. 10 percent owner MILLENNIUM INTERNATIONAL MANAGEMENT LP, 399 PARK AVENUE, NEW YORK NY 10022
Cubist Systematic Strategies, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Atif Rafiq director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Di-ann Eisnor director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Hassan Ahmed director SONUS NETWORKS INC, 7 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Camillo Martino director 60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Allen Salmasi director C/O NEXTWAVE WIRELESS LLC, 12670 HIGH BLUFF DRIVE, SAN DIEGO CA 92130
Khurram P Sheikh director, 10 percent owner, officer: CEO and CFO 1140 EAST ARQUES AVE., SUNNYVALE CA 94085
Cardinal Venture Holdings Llc 10 percent owner, other: See Remarks FOUR PALO ALTO SQUARE, 3000 EL CAMINO REAL, PALO ALTO CA 94308
Kins Capital Llc 10 percent owner, other: See Remarks FOUR PALO ALTO SQUARE, 3000 EL CAMINO REAL, PALO ALTO CA 94306
Eric Zimits officer: Secretary and CCDO C/O KINS TECHNOLOGY GROUP INC., FOUR PALO ALTO SQUARE, PALO ALTO CA 94306

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