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Inspirato (Inspirato) ROC (Joel Greenblatt) % : -30.04% (As of Dec. 2023)


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What is Inspirato 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. Inspirato's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -30.04%.

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

ISPO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -347.27   Med: -36.18   Max: -2.27
Current: -36.25

During the past 6 years, Inspirato's highest ROC (Joel Greenblatt) % was -2.27%. The lowest was -347.27%. And the median was -36.18%.

ISPO's ROC (Joel Greenblatt) % is ranked worse than
89.05% of 822 companies
in the Travel & Leisure industry
Industry Median: 9.265 vs ISPO: -36.25

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


Inspirato ROC (Joel Greenblatt) % Historical Data

The historical data trend for Inspirato'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.

Inspirato ROC (Joel Greenblatt) % Chart

Inspirato Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -53.48 -2.27 -347.27 -32.64 -36.18

Inspirato Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -22.33 -7.99 -70.87 -37.54 -30.04

Competitive Comparison of Inspirato's ROC (Joel Greenblatt) %

For the Travel Services subindustry, Inspirato'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.


Inspirato's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Inspirato's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Inspirato 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.269 + 0 + 28.117) - (21.521 + 153.03 + 4.254)
=-149.419

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.306 + 0 + 34.126) - (22.748 + 160.493 + -2.8421709430404E-14)
=-145.809

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Inspirato for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-71.476/( ( (246.59 + max(-149.419, 0)) + (229.206 + max(-145.809, 0)) )/ 2 )
=-71.476/( ( 246.59 + 229.206 )/ 2 )
=-71.476/237.898
=-30.04 %

Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.


Inspirato  (NAS:ISPO) 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.


Inspirato ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Inspirato's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inspirato (Inspirato) Business Description

Traded in Other Exchanges
N/A
Address
1544 Wazee Street, Denver, CO, USA, 80202
Inspirato Inc is a luxury travel subscription company on a mission to inspire lasting memories and relationships by changing the way family and friends experience the world. It provides solutions for (i) affluent travelers seeking superior service and certainty across a wide variety of accommodations and experiences and (ii) hospitality suppliers who want to solve pain points that include monetizing excess inventory and efficiently outsourcing the hassle involved in managing rental properties.
Executives
Robert Kaiden officer: Chief Financial Officer C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Scott D Berman director C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Bradley A Handler director, officer: Executive Chairman C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Brent L Handler director, 10 percent owner, officer: Chief Executive Officer C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Ann L Payne director C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Eric Grosse director 333 108TH AVENUE N.E., BELLEVUE WA 98004
Institutional Venture Partners Xiii, L.p. 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
David S Kallery officer: President C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Revolution Portico Holdings Llc 10 percent owner 1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036
Exclusive Resorts Llc 10 percent owner 1515 ARAPAHOE STREET, TOWER 3, SUITE 300, DENVER CO 80202
R Scot Sellers director C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Revolution Management Co Llc 10 percent owner 1717 RHODE ISLAND AVENUE NW, SUITE 1000, WASHINGTON DC 20036
Alps Investment Holdings Llc 10 percent owner 1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036
Millennium Technology Value Partners Ii, L.p. 10 percent owner 747 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Stephen M Case 10 percent owner 1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036

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