ADPAJ (Adelphia Recovery Trust) ROC %: -26.25% (As of Jun. 2015)


What is Adelphia Recovery Trust ROC %?

Adelphia Recovery Trust ADPAJ ROC % is -26.25% as of Jun. 2015.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Adelphia Recovery Trust's annualized return on capital (ROC %) for the quarter that ended in Jun. 2015 was -26.25%.

As of today (2026-06-24), Adelphia Recovery Trust's WACC % is 0.00%. Adelphia Recovery Trust's ROC % is 0.00% (calculated using TTM income statement data). Adelphia Recovery Trust earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Adelphia Recovery Trust  (OTCPK:ADPAJ) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Adelphia Recovery Trust's WACC % is 0.00%. Adelphia Recovery Trust's ROC % is 0.00% (calculated using TTM income statement data). Adelphia Recovery Trust earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Adelphia Recovery Trust ROC % Related Terms

Adelphia Recovery Trust ROC % Historical Data

* Premium members only.

The historical data trend for Adelphia Recovery Trust's ROC % 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.

Adelphia Recovery Trust ROC % Chart

Adelphia Recovery Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROC %
Get a 7-Day Free Trial 3,715.65 -194.20 345.41 -27.73 -28.04

Adelphia Recovery Trust Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
ROC % 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 -18.47 -14.24 -41.57 -50.48 -26.25

Adelphia Recovery Trust ROC % Calculation

Adelphia Recovery Trust's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2014 is calculated as:

ROC % (A: Dec. 2014 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2013 ) + Invested Capital (A: Dec. 2014 ))/ count )
=-1.964 * ( 1 - 0% )/( (7.907 + 6.104)/ 2 )
=-1.964/7.0055
=-28.04 %

where

Invested Capital(A: Dec. 2013 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=44.059 - 0.071 - ( 36.081 - max(0, 0.171 - 44.059+36.081))
=7.907

Invested Capital(A: Dec. 2014 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=42.51 - 0.083 - ( 36.323 - max(0, 0.185 - 42.51+36.323))
=6.104

Adelphia Recovery Trust's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2015 is calculated as:

ROC % (Q: Jun. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2015 ) + Invested Capital (Q: Jun. 2015 ))/ count )
=-1.612 * ( 1 - 0% )/( (6.13 + 6.154)/ 2 )
=-1.612/6.142
=-26.25 %

where

Invested Capital(Q: Mar. 2015 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=41.824 - 0.091 - ( 35.603 - max(0, 0.192 - 41.824+35.603))
=6.13

Invested Capital(Q: Jun. 2015 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=41.485 - 0.074 - ( 35.257 - max(0, 0.175 - 41.485+35.257))
=6.154

Note: The Operating Income data used here is four times the quarterly (Jun. 2015) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -26.25% mean?
Adelphia Recovery Trust (ADPAJ) has a ROC % of -26.25% as of Jun. 2015. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Adelphia Recovery Trust and its competitors.
Is Adelphia Recovery Trust's ROC % too high?
Adelphia Recovery Trust's current ROC % is -26.25%.
How does Adelphia Recovery Trust's ROC % compare to WODI and BMMCF?
Adelphia Recovery Trust's ROC % of -26.25% can be compared against companies in the Business Services industry. The industry median ROC % is 5.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Business Services company?
The median ROC % among Business Services companies is 5.92, based on 1,075 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Adelphia Recovery Trust and its competitors. For the Business Services industry, the median ROC % is 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adelphia Recovery Trust's current ROC % is -26.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adelphia Recovery Trust stock overvalued right now?
Adelphia Recovery Trust (ADPAJ) has a current ROC % of -26.25%. The current ROC % is -26.25%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Adelphia Recovery Trust (ADPAJ), the current ROC % is -26.25% as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adelphia Recovery Trust Business Description

Address 919 North Market Street, 17th Floor, P.O. Box 8705, Wilmington, DE, USA, 19899
Adelphia Recovery Trust is a statutory trust. The company's purpose is to prosecute the various causes of action transferred, pursuant to the plan and distribute to the owners of the interests in the company the net proceeds of such causes of action. Geographically, the activities are carried out through the region of United States.