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Quest Water Global (Quest Water Global) ROC (Joel Greenblatt) % : -64,800.00% (As of Dec. 2023)


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What is Quest Water Global 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. Quest Water Global's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -64,800.00%.

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

QWTR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -119200   Med: -3215.1   Max: -215.58
Current: -59500

During the past 9 years, Quest Water Global's highest ROC (Joel Greenblatt) % was -215.58%. The lowest was -119200.00%. And the median was -3215.10%.

QWTR's ROC (Joel Greenblatt) % is ranked worse than
99.97% of 3005 companies
in the Industrial Products industry
Industry Median: 13.61 vs QWTR: -59500.00

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


Quest Water Global ROC (Joel Greenblatt) % Historical Data

The historical data trend for Quest Water Global'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.

Quest Water Global ROC (Joel Greenblatt) % Chart

Quest Water Global Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -5,045.45 - - -119,200.00 -59,600.00

Quest Water Global Quarterly Data
Mar14 Jun14 Sep14 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,000.00 -56,800.00 -60,400.00 -56,000.00 -64,800.00

Competitive Comparison of Quest Water Global's ROC (Joel Greenblatt) %

For the Pollution & Treatment Controls subindustry, Quest Water Global'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.


Quest Water Global's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Quest Water Global's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Quest Water Global 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)
=(0 + 0 + 0.005) - (1.679 + 0 + 0.045)
=-1.719

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.002) - (1.837 + 0 + 0)
=-1.835

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Quest Water Global 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 )
=-0.648/( ( (0.001 + max(-1.719, 0)) + (0.001 + max(-1.835, 0)) )/ 2 )
=-0.648/( ( 0.001 + 0.001 )/ 2 )
=-0.648/0.001
=-64,800.00 %

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.


Quest Water Global  (OTCPK:QWTR) 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.


Quest Water Global ROC (Joel Greenblatt) % Related Terms

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Quest Water Global (Quest Water Global) Business Description

Traded in Other Exchanges
N/A
Address
828 Harbourside Drive, Suite 209, North Vancouver, BC, CAN, V7P 3R9
Quest Water Global Inc is engaged in the pollution and treatment controls business sector. The company provides various solutions to water-scarce regions. The company's product portfolio consists of AQUAtap, which is a self-contained, solar-powered, decentralized water purification and distribution system, and WEPS (Water Extraction and Purification Systems), which provide water-scarce regions with an alternate, sustainable, pure source of water.
Executives
Peter Miele director, 10 percent owner 2434 NELSON AVENUE, WEST VANCOUVER A1 V7V 4H6
John Balanko director, 10 percent owner, officer: President, CEO 775 ST. ANDREWS ROAD, WEST VANCOUVER A1 V7S 1V5

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