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SSGC (SafeSpace Global) ROC (Joel Greenblatt) % : -1,068.85% (As of Apr. 2025)


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What is SafeSpace Global 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. SafeSpace Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2025 was -1,068.85%.

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

SSGC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -128200   Med: -12593.55   Max: -678.48
Current: -678.48

During the past 12 years, SafeSpace Global's highest ROC (Joel Greenblatt) % was -678.48%. The lowest was -128200.00%. And the median was -12593.55%.

SSGC's ROC (Joel Greenblatt) % is ranked worse than
88.78% of 2763 companies
in the Software industry
Industry Median: 17.82 vs SSGC: -678.48

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


SafeSpace Global ROC (Joel Greenblatt) % Historical Data

The historical data trend for SafeSpace Global'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.

SafeSpace Global ROC (Joel Greenblatt) % Chart

SafeSpace Global Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10,170.00 -61,350.00 - - -

SafeSpace Global Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 - - - -1,023.77 -1,068.85

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

For the Software - Infrastructure subindustry, SafeSpace Global'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.


SafeSpace Global's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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


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SafeSpace Global 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: Jan. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.789) - (0.302 + 0 + -0.0010000000000001)
=0.488

Working Capital(Q: Apr. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.071999999999999) - (0.256 + 0 + 0)
=-0.184

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SafeSpace Global for the quarter that ended in Apr. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2025  Q: Apr. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.216/( ( (0 + max(0.488, 0)) + (0 + max(-0.184, 0)) )/ 1 )
=-5.216/( ( 0.488 + 0 )/ 1 )
=-5.216/0.488
=-1,068.85 %

Note: The EBIT data used here is four times the quarterly (Apr. 2025) 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.


SafeSpace Global  (OTCPK:SSGC) 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.


SafeSpace Global ROC (Joel Greenblatt) % Related Terms

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SafeSpace Global Business Description

Traded in Other Exchanges
N/A
Address
1462 Rudder Lane, Knoxville, TN, USA, 37919
SafeSpace Global Corp is a provider of intuitive and reliable AI-driven solutions designed to enhance safety and security. Its cutting-edge ambient technology helps organizations proactively identify potential issues, promoting a safer and more secure environment for everyone. It provides solutions to education, healthcare, transportation, manufacturing, and commercial industries.
Executives
Scott M Boruff director, 10 percent owner, officer: Chief Executive Officer 3847 RIVER VISTA WAY, LOUISVILLE TN 37777
Bradley Ryan Pruitt officer: President, IndeLiving Holdings 8929 MONEYMAKER DR., KNOXVILLE TN 37923