GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » KushCo Holdings Inc (OTCPK:KSHB) » Definitions » ROC (Joel Greenblatt) %

KushCo Holdings (KushCo Holdings) ROC (Joel Greenblatt) % : -44.30% (As of May. 2021)


View and export this data going back to 2015. Start your Free Trial

What is KushCo Holdings 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. KushCo Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2021 was -44.30%.

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

KSHB' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -186.6   Med: -109.72   Max: 169.09
Current: -37.13

During the past 7 years, KushCo Holdings's highest ROC (Joel Greenblatt) % was 169.09%. The lowest was -186.60%. And the median was -109.72%.

KSHB's ROC (Joel Greenblatt) % is not ranked
in the Packaging & Containers industry.
Industry Median: 10.285 vs KSHB: -37.13

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


KushCo Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for KushCo Holdings'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.

KushCo Holdings ROC (Joel Greenblatt) % Chart

KushCo Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 10.87 169.09 -184.85 -74.40 -125.76

KushCo Holdings Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
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 -107.03 -56.32 -25.34 -25.14 -44.30

Competitive Comparison of KushCo Holdings's ROC (Joel Greenblatt) %

For the Packaging & Containers subindustry, KushCo Holdings'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.


KushCo Holdings's ROC (Joel Greenblatt) % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, KushCo Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



KushCo Holdings 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: Feb. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.449 + 50.846 + 12.075) - (15.09 + 4.099 + 2.119)
=52.062

Working Capital(Q: May. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.398 + 52.37 + 15.339) - (13.538 + 4.48 + 2.295)
=54.794

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of KushCo Holdings for the quarter that ended in May. 2021 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2021 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2021  Q: May. 2021
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-27.272/( ( (8.381 + max(52.062, 0)) + (7.883 + max(54.794, 0)) )/ 2 )
=-27.272/( ( 60.443 + 62.677 )/ 2 )
=-27.272/61.56
=-44.30 %

Note: The EBIT data used here is four times the quarterly (May. 2021) 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.


KushCo Holdings  (OTCPK:KSHB) 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.


KushCo Holdings ROC (Joel Greenblatt) % Related Terms

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


KushCo Holdings (KushCo Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6261 Katella Avenue, Suite 250, Cypress, CA, USA, 90630
KushCo Holdings Inc is engaged in marketing and selling of customized packaging products, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions to customers operating in the regulated medical and recreational cannabis industries. The firm's packaging products consist of bottles, bags, tubes, and containers. Its subsidiaries and brands provide product quality, customer service, compliance knowledge and a local presence in serving its diverse customer base. The firm has sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe.
Executives
Stephen Christoffersen officer: Chief Financial Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Nicholas Kovacevich director, officer: Chairman and CEO 2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660
Oliveira Rodrigo De officer: Chief Operating Officer C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841
Donald H Hunter director C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109
Barbara Goodstein director 23 MAIN STREET, HOLMDEL NJ 07733
Dallas Imbimbo director 1800 NEWPORT CIRCLE, SANTA ANA CA 92705
Eric Baum director 866 BERKSHIRE DRIVE, WESTBURY NY 11590
Christopher Tedford officer: Chief Financial Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jason Vegotsky officer: Chief Revenue Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jim Mccormick officer: CFO and COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Ben Wu other: Consultant, Former COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Chris Martin other: None 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Greg Gamet other: None 3539 GAYLORD STREET DENVER CO 80205
Jeffrey Meng 10 percent owner 17595 HARVARD STREET C552 IRVINE CA 92614

KushCo Holdings (KushCo Holdings) Headlines

From GuruFocus