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Susglobal Energy (Susglobal Energy) ROC (Joel Greenblatt) % : -47.01% (As of Sep. 2023)


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What is Susglobal Energy 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. Susglobal Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -47.01%.

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

SNRG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -53700   Med: -97.81   Max: -20.4
Current: -85.94

During the past 7 years, Susglobal Energy's highest ROC (Joel Greenblatt) % was -20.40%. The lowest was -53700.00%. And the median was -97.81%.

SNRG's ROC (Joel Greenblatt) % is ranked worse than
90.98% of 244 companies
in the Waste Management industry
Industry Median: 11.795 vs SNRG: -85.94

Susglobal Energy's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.80% per year.


Susglobal Energy ROC (Joel Greenblatt) % Historical Data

The historical data trend for Susglobal Energy'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.

Susglobal Energy ROC (Joel Greenblatt) % Chart

Susglobal Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -97.81 -56.83 -20.40 -62.28 -129.79

Susglobal Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -147.72 -135.46 -36.00 -124.04 -47.01

Competitive Comparison of Susglobal Energy's ROC (Joel Greenblatt) %

For the Waste Management subindustry, Susglobal Energy'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.


Susglobal Energy's ROC (Joel Greenblatt) % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Susglobal Energy's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Susglobal Energy 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.071 + 0.065 + 1.641) - (6.246 + 0 + 0)
=-4.469

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.112 + 0.043 + 1.612) - (6.309 + 0 + -0.0010000000000012)
=-4.541

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.212/( ( (9.098 + max(-4.469, 0)) + (8.822 + max(-4.541, 0)) )/ 2 )
=-4.212/( ( 9.098 + 8.822 )/ 2 )
=-4.212/8.96
=-47.01 %

Note: The EBIT data used here is four times the quarterly (Sep. 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.


Susglobal Energy  (OTCPK:SNRG) 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.


Susglobal Energy ROC (Joel Greenblatt) % Related Terms

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Susglobal Energy (Susglobal Energy) Business Description

Traded in Other Exchanges
N/A
Address
200 Davenport Road, Toronto, ON, CAN, M5R 1J2
Susglobal Energy Corp is focused on acquiring, developing, and monetizing a portfolio of proprietary technologies in the waste-to-energy and regenerative products application. It operates in the renewable energy segment. The company provides a full range of services for handling organic residuals, which can be converted into electricity and fuels. Its products include SusGro BioFertilizer and Earth's Journey. The Company's management reporting structure provides for one segment: renewable energy and operates in one country, Canada.
Executives
Leslie Bruce Rintoul director 2209 ROCHESTER CIRCLE, OAKVILLE Z4 L6M 5E3
Ike Makrimichalos officer: Chief Financial Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Susan Harte director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Marc Hazout director, 10 percent owner, officer: Executive Chairman and Preside 5160 YONGE STREET, SUITE 803, TORONTO A6 M2N 6L9
Gordon E Miller director 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Gerald P Hamaliuk director, 10 percent owner, officer: Chief Executive Officer 200 DAVENPORT ROAD, TORONTO A6 M5R 1J2
Ryan Christopher Duffy director 88 BROOKE AVE., TORONTO A6 M5M2J9
Vincent Ramoutar director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Laurence Zeifman director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2
Andrea N Calla director 200 DAVENPORT ROAD, TORONTO A6 M5R1J2

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