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Quizam Media (XCNQ:QQ) ROC (Joel Greenblatt) % : -7.80% (As of Aug. 2024)


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What is Quizam Media 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. Quizam Media's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was -7.80%.

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

XCNQ:QQ' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5840.86   Med: -1025.06   Max: -30.6
Current: -52.01

During the past 13 years, Quizam Media's highest ROC (Joel Greenblatt) % was -30.60%. The lowest was -5840.86%. And the median was -1025.06%.

XCNQ:QQ's ROC (Joel Greenblatt) % is ranked worse than
63.96% of 566 companies
in the Interactive Media industry
Industry Median: 8.045 vs XCNQ:QQ: -52.01

Quizam Media's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 56.10% per year.


Quizam Media ROC (Joel Greenblatt) % Historical Data

The historical data trend for Quizam Media'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.

Quizam Media ROC (Joel Greenblatt) % Chart

Quizam Media Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -354.66 -165.93 -148.75 -30.60 -37.34

Quizam Media Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -24.08 -52.86 -19.34 -127.72 -7.80

Competitive Comparison of Quizam Media's ROC (Joel Greenblatt) %

For the Internet Content & Information subindustry, Quizam Media'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.


Quizam Media's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Quizam Media's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Quizam Media 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: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.045 + 0.241 + 0.042) - (0.595 + 0.039 + 0)
=-0.306

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.047 + 0.222 + 0.042) - (0.678 + 0.023 + 0.0010000000000001)
=-0.391

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.108/( ( (1.443 + max(-0.306, 0)) + (1.326 + max(-0.391, 0)) )/ 2 )
=-0.108/( ( 1.443 + 1.326 )/ 2 )
=-0.108/1.3845
=-7.80 %

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


Quizam Media  (XCNQ:QQ) 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.


Quizam Media ROC (Joel Greenblatt) % Related Terms

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Quizam Media Business Description

Traded in Other Exchanges
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. The Company derives revenue from two industries, Software and Cannabis. Software includes revenue from training services, software sales and licensing sales. Cannabis includes retail product sales and consulting fee revenue. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.
Executives
Russ Rossi Senior Officer

Quizam Media Headlines

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