IFLM (Independent Film Development) ROC %: -92.55% (As of Jun. 2016)


What is Independent Film Development ROC %?

Independent Film Development IFLM -90.00% ROC % is -92.55% as of Jun. 2016.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Independent Film Development's annualized return on capital (ROC %) for the quarter that ended in Jun. 2016 was -92.55%.

As of today (2026-06-25), Independent Film Development's WACC % is 0.00%. Independent Film Development's ROC % is 0.00% (calculated using TTM income statement data). Independent Film Development earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Independent Film Development  (OTCPK:IFLM) 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, Independent Film Development's WACC % is 0.00%. Independent Film Development's ROC % is 0.00% (calculated using TTM income statement data). Independent Film Development 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.

Independent Film Development ROC % Related Terms

Independent Film Development ROC % Historical Data

* Premium members only.

The historical data trend for Independent Film Development'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.

Independent Film Development ROC % Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
ROC %
Get a 7-Day Free Trial Premium Member Only -138.73 -45.99 -29.42 -51.03 -108.14

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -81.77 66.95 -155.74 -139.04 -92.55

Independent Film Development ROC % Calculation

Independent Film Development's annualized Return on Capital (ROC %) for the fiscal year that ended in Sep. 2015 is calculated as:

ROC % (A: Sep. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Sep. 2014 ) + Invested Capital (A: Sep. 2015 ))/ count )
=-0.372 * ( 1 - 0% )/( (0.374 + 0.314)/ 2 )
=-0.372/0.344
=-108.14 %

where

Invested Capital(A: Sep. 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))
=0.115 - 1.128 - ( 0.014 - max(0, 1.502 - 0.115+0.014))
=0.374

Invested Capital(A: Sep. 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))
=0 - 1.231 - ( 0 - max(0, 1.545 - 0+0))
=0.314

Independent Film Development's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2016 is calculated as:

ROC % (Q: Jun. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2016 ) + Invested Capital (Q: Jun. 2016 ))/ count )
=-0.888 * ( 1 - 0% )/( (0.858 + 1.061)/ 2 )
=-0.888/0.9595
=-92.55 %

where

Invested Capital(Q: Mar. 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))
=0.137 - 1.222 - ( 0.01 - max(0, 2.059 - 0.116+0.01))
=0.858

Invested Capital(Q: Jun. 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))
=0.05 - 1.374 - ( 0.025 - max(0, 2.415 - 0.03+0.025))
=1.061

Note: The Operating Income data used here is four times the quarterly (Jun. 2016) 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 -92.55% mean?
Independent Film Development (IFLM) has a ROC % of -92.55% as of Jun. 2016. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Independent Film Development and its competitors.
Is Independent Film Development's ROC % too high?
Independent Film Development's current ROC % is -92.55%.
How does Independent Film Development's ROC % compare to ASKH and CRCO?
Independent Film Development's ROC % of -92.55% can be compared against companies in the Media - Diversified industry. The industry median ROC % is 1.41. 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 Media - Diversified company?
The median ROC % among Media - Diversified companies is 1.41, based on 1,016 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 Independent Film Development and its competitors. For the Media - Diversified industry, the median ROC % is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Independent Film Development's current ROC % is -92.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Film Development stock overvalued right now?
Independent Film Development (IFLM) has a current ROC % of -92.55%. The current ROC % is -92.55%. 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 Independent Film Development (IFLM), the current ROC % is -92.55% as of Jun. 2016. 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.

Independent Film Development Business Description

Address 2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.