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Worldwide Strategies (Worldwide Strategies) ROIC % : -17.51% (As of Apr. 2023)


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What is Worldwide Strategies ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Worldwide Strategies's annualized return on invested capital (ROIC %) for the quarter that ended in Apr. 2023 was -17.51%.

As of today (2024-06-12), Worldwide Strategies's WACC % is 0.00%. Worldwide Strategies's ROIC % is 0.00% (calculated using TTM income statement data). Worldwide Strategies earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Worldwide Strategies ROIC % Historical Data

The historical data trend for Worldwide Strategies's ROIC % 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.

Worldwide Strategies ROIC % Chart

Worldwide Strategies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul20 Jul21 Jul22
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.36 -16.60 - -270.05 -5.89

Worldwide Strategies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
ROIC % 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 -4.88 -4.88 -99.02 -17.41 -17.51

Competitive Comparison of Worldwide Strategies's ROIC %

For the Shell Companies subindustry, Worldwide Strategies's ROIC %, along with its competitors' market caps and ROIC % 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.


Worldwide Strategies's ROIC % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Worldwide Strategies's ROIC % distribution charts can be found below:

* The bar in red indicates where Worldwide Strategies's ROIC % falls into.



Worldwide Strategies ROIC % Calculation

Worldwide Strategies's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Jul. 2022 is calculated as:

ROIC % (A: Jul. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jul. 2021 ) + Invested Capital (A: Jul. 2022 ))/ count )
=-0.029 * ( 1 - 0% )/( (0.493 + 0.492)/ 2 )
=-0.029/0.4925
=-5.89 %

where

Worldwide Strategies's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Apr. 2023 is calculated as:

ROIC % (Q: Apr. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2023 ) + Invested Capital (Q: Apr. 2023 ))/ count )
=-0.292 * ( 1 - 0% )/( (1.7 + 1.635)/ 2 )
=-0.292/1.6675
=-17.51 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2023) 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.


Worldwide Strategies  (OTCPK:WWSG) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. 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 ROIC % 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, Worldwide Strategies's WACC % is 0.00%. Worldwide Strategies's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % 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.


Worldwide Strategies ROIC % Related Terms

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Worldwide Strategies (Worldwide Strategies) Business Description

Traded in Other Exchanges
N/A
Address
1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208
Worldwide Strategies Inc is a shell company.
Executives
Thomas Edward Mccabe officer: Chief Financial Officer 10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney director 2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia 10 percent owner 8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen director
James P Samuels director, 10 percent owner, officer: CEO 3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg director 18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo director 1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville director, officer: CFO 3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane director 3620 MAIN STREET, MUNHALL PA 15120

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