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ImagineAR (XCNQ:IP) ROC (Joel Greenblatt) % : 0.00% (As of May. 2024)


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What is ImagineAR 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. ImagineAR's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2024 was 0.00%.

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

During the past 13 years, ImagineAR's highest ROC (Joel Greenblatt) % was -198.51%. The lowest was -51594.44%. And the median was -33393.17%.

XCNQ:IP's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 17.535
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


ImagineAR ROC (Joel Greenblatt) % Historical Data

The historical data trend for ImagineAR'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.

ImagineAR ROC (Joel Greenblatt) % Chart

ImagineAR Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -51,594.44 -46,930.77 -47,835.29 -19,855.56

ImagineAR Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 - - - - -

Competitive Comparison of ImagineAR's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, ImagineAR'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.


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

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

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



ImagineAR 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.009 + 0 + 0.015) - (0.926 + 0.002 + -0.0010000000000001)
=-0.903

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.047) - (1.121 + 0 + 0)
=-1.074

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of ImagineAR for the quarter that ended in May. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: May. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2024  Q: May. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.444/( ( (0 + max(-0.903, 0)) + (0 + max(-1.074, 0)) )/ 1 )
=-1.444/( ( 0 + 0 )/ 1 )
=-1.444/0
= %

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


ImagineAR  (XCNQ:IP) 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.


ImagineAR ROC (Joel Greenblatt) % Related Terms

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ImagineAR Business Description

Industry
Traded in Other Exchanges
Address
250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
ImagineAR Inc provides a mobile platform for companies to develop & implement Mobile Augmented Reality experiences instantly with no programming or technology experience. Its platform enables the users to point the mobile device at logos, signs, buildings, products, landmarks to instantly engage videos, information, advertisements, coupons, 3D holograms, and any interactive content hosted in the cloud. Its products include ImagineAR Mobile App, ImagineAR Cloud, ImagineAR SDK/API among others. The firm serves industries such as Sports / Live Events, Advertising / Promotions, Retail, and others.
Executives
Sheldon Inwentash Director, Director or Senior Officer of 10% Security Holder
Alen Paul Silverrstieen Senior Officer
Threed Capital Inc. 10% Security Holder
Tristram Coffin Director