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YCRM (Yuenglings Ice Cream) ROC (Joel Greenblatt) % : 9,246.46% (As of Sep. 2024)


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What is Yuenglings Ice Cream 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. Yuenglings Ice Cream's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 9,246.46%.

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

YCRM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2704.26   Med: -293.33   Max: -81.76
Current: -2704.26

During the past 7 years, Yuenglings Ice Cream's highest ROC (Joel Greenblatt) % was -81.76%. The lowest was -2704.26%. And the median was -293.33%.

YCRM's ROC (Joel Greenblatt) % is ranked worse than
98.89% of 1888 companies
in the Consumer Packaged Goods industry
Industry Median: 12.09 vs YCRM: -2704.26

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


Yuenglings Ice Cream ROC (Joel Greenblatt) % Historical Data

The historical data trend for Yuenglings Ice Cream'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.

Yuenglings Ice Cream ROC (Joel Greenblatt) % Chart

Yuenglings Ice Cream Annual Data
Trend Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -104.65 -81.76 -1,420.00 -1,243.33 -293.33

Yuenglings Ice Cream Quarterly Data
Jan17 Apr17 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Jun24 Sep24
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 -2,693.33 - -11,855.06 -572.86 9,246.46

Competitive Comparison of Yuenglings Ice Cream's ROC (Joel Greenblatt) %

For the Packaged Foods subindustry, Yuenglings Ice Cream'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.


Yuenglings Ice Cream's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yuenglings Ice Cream's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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Yuenglings Ice Cream 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.406 + 0 + 0.063) - (4.613 + 0.018 + 22.49)
=-26.652

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.373 + 0 + 0.083) - (4.704 + 0.018 + 10.094)
=-14.36

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yuenglings Ice Cream for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=54.924/( ( (0.84 + max(-26.652, 0)) + (0.348 + max(-14.36, 0)) )/ 2 )
=54.924/( ( 0.84 + 0.348 )/ 2 )
=54.924/0.594
=9,246.46 %

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


Yuenglings Ice Cream  (OTCPK:YCRM) 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.


Yuenglings Ice Cream ROC (Joel Greenblatt) % Related Terms

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Yuenglings Ice Cream Business Description

Traded in Other Exchanges
N/A
Address
One Glenlake Parkway, Suite 650, Atlanta, GA, USA, 30328
Yuenglings Ice Cream Corp operates in the dairy business. It is a food brand development company that builds and represents popular food concepts throughout the United States and international markets. The company manufactures ice creams. Its products include Black & Tan- A swirl of Belgian chocolate and salty caramel ice cream, Butterbeer- buttercream and butterscotch ice cream with a butterscotch swirl, Espresso Chocolate Chip- dark coffee ice cream with rich espresso chocolate chips, etc.
Executives
Tracy Fortner director, officer: Pres, CEO, Treas. & Sec'y 3555 1/2 TIZER LANE, HELENA MT 59602

Yuenglings Ice Cream Headlines

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