Huntwicke Capital Group (Huntwicke Capital Group) ROC % : -14.31% (As of Jan. 2017)

View and export this data going back to 2011. Start your Free Trial

What is Huntwicke Capital Group ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Huntwicke Capital Group's annualized return on capital (ROC %) for the quarter that ended in Jan. 2017 was -14.31%.

As of today (2024-06-20), Huntwicke Capital Group's WACC % is 0.00%. Huntwicke Capital Group's ROC % is 0.00% (calculated using TTM income statement data). Huntwicke Capital Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Huntwicke Capital Group ROC % Historical Data

The historical data trend for Huntwicke Capital Group'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.

* Premium members only.

Huntwicke Capital Group ROC % Chart

Huntwicke Capital Group Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

ROC %

Get a 7-Day Free Trial

-1.22

-2.10

-3.34

Huntwicke Capital Group Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
ROC %	Get a 7-Day Free Trial															-0.37	-2.16	-2.07	-4.86	-14.31

Huntwicke Capital Group ROC % Calculation

Huntwicke Capital Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Apr. 2016 is calculated as:

	ROC % (A: Apr. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Apr. 2015 )	+	Invested Capital (A: Apr. 2016 ))	/ count )
=	-0.095 * ( 1 - 0% )	/	( (2.29	+	3.407)	/ 2 )
=	-0.095	/	2.8485
=	-3.34 %

where

	Invested Capital		(A: Apr. 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	))
=	2.322	-	0.554	-	( 0.017	-	max(0, 0.554	-	0.032	+	0.017	))
=	2.29

	Invested Capital		(A: Apr. 2016 )
=	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	))
=	3.61	-	0.516	-	( 0.209	-	max(0, 0.524	-	0.211	+	0.209	))
=	3.407

Huntwicke Capital Group's annualized Return on Capital (ROC %) for the quarter that ended in Jan. 2017 is calculated as:

	ROC % (Q: Jan. 2017 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2016 )	+	Invested Capital (Q: Jan. 2017 ))	/ count )
=	-0.776 * ( 1 - 0% )	/	( (5.395	+	5.452)	/ 2 )
=	-0.776	/	5.4235
=	-14.31 %

where

	Invested Capital		(Q: Oct. 2016 )
=	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	))
=	5.242	-	0.527	-	( 0.728	-	max(0, 1.497	-	0.817	+	0.728	))
=	5.395

	Invested Capital		(Q: Jan. 2017 )
=	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	))
=	5.931	-	1.099	-	( 1.474	-	max(0, 2.152	-	1.532	+	1.474	))
=	5.452

Note: The Operating Income data used here is four times the quarterly (Jan. 2017) data.

Huntwicke Capital Group (OTCPK:HCGI) 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, Huntwicke Capital Group's WACC % is 0.00%. Huntwicke Capital Group's ROC % is 0.00% (calculated using TTM income statement data). Huntwicke Capital Group 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.

Huntwicke Capital Group ROC % Related Terms

Thank you for viewing the detailed overview of Huntwicke Capital Group's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Huntwicke Capital Group (Huntwicke Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Huntwicke Capital Group Inc (OTCPK:HCGI) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Grove Street, Suite 201, Topsfield, MA, USA, 01983

Website

https://www.huntwicke.com

Huntwicke Capital Group Inc is an investment holding company. The company's operating segment Real Estate; Financial Services, Soccer Operations. It generates maximum revenue from the Financial Services segment. The Financial Services segment manages financial portfolios and assets for a fee, and clear private placement transactions for high net worth customers and institutional customers.

Huntwicke Capital Group (Huntwicke Capital Group) Headlines

No Headlines