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Coursera (Coursera) ROC (Joel Greenblatt) % : -318.34% (As of Mar. 2024)


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What is Coursera 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. Coursera's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -318.34%.

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

COUR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -430.19   Med: -351.89   Max: -240.43
Current: -380.7

During the past 5 years, Coursera's highest ROC (Joel Greenblatt) % was -240.43%. The lowest was -430.19%. And the median was -351.89%.

COUR's ROC (Joel Greenblatt) % is ranked worse than
94.7% of 264 companies
in the Education industry
Industry Median: 15.64 vs COUR: -380.70

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


Coursera ROC (Joel Greenblatt) % Historical Data

The historical data trend for Coursera'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.

Coursera ROC (Joel Greenblatt) % Chart

Coursera Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-323.12 -240.43 -351.89 -430.19 -421.45

Coursera Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -497.63 -432.50 -441.58 -322.60 -318.34

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

For the Education & Training Services subindustry, Coursera'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.


Coursera's ROC (Joel Greenblatt) % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Coursera's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Coursera 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.418 + 0 + 43.001) - (124.497 + 137.229 + 29.977)
=-181.284

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.254 + 0 + 49.63) - (123.659 + 148.382 + 26.181)
=-190.338

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Coursera for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-110.564/( ( (35.147 + max(-181.284, 0)) + (34.315 + max(-190.338, 0)) )/ 2 )
=-110.564/( ( 35.147 + 34.315 )/ 2 )
=-110.564/34.731
=-318.34 %

Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


Coursera  (NYSE:COUR) 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.


Coursera ROC (Joel Greenblatt) % Related Terms

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


Coursera (Coursera) Business Description

Traded in Other Exchanges
Address
381 E. Evelyn Avenue, Mountain View, CA, USA, 94041
Coursera Inc is an online learning platform that connects learners, educators, and institutions with the goal of providing world-class educational content that is affordable, accessible, and relevant. It combines content, data, and technology into a single, unified platform that is customizable and extensible to both individual learners and institutions. The platform will contain a catalog of high-quality content and credentials, content developed by university and industry partners, data and machine learning drive personalized Learning, effective marketing, and skills Benchmarking and others. The company operates through three reporting segments: Consumer, Enterprise, and Degrees. Majority of revenue is generated from Consumer segment.
Executives
Jeffrey Nacey Maggioncalda director, officer: See Remarks 1804 EMBARCADERO ROAD, PALO ALTO CA 94303
Andrew Y. Ng director 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Shravan Goli officer: See Remarks 1040 AVENUE OF THE AMERICAS, NEW YORK NY 10016
Kenneth R Hahn officer: See Remarks C/O BORLAND SOFTWARE CORP, 100 ENTERPRISE WAY, SCOTTS VALLEY CA 95066-3249
Michele M Meyers officer: See Remarks 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32207
Richard J Jacquet officer: See Remarks BELL MICRO, 1941 RINGWOOD AVE., SAN JOSE CA 95131
Alan B Cardenas officer: SVP, General Counsel 381 E. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Leah F. Belsky officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Amanda Clark director PO BOX 99900, LOUISVILLE KY 40269
Susan W. Muigai director C/O TRANSUNION, 555 WEST ADAMS STREET, CHICAGO IL 60661
Sabrina Simmons director GAP INC., 2 FOLSOM STREET, SAN FRANCISCO CA 94105
Carmen Chang director 2855 SAND HILL ROAD, MENLO PARK CA 94025
Christopher D. Mccarthy director 381 E. EVELYYN AVE., MOUNTAIN VIEW CA 94041
Mustafa S. Furniturewala officer: SVP, Engineering 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041
Xueyan Wang officer: See Remarks 381 E. EVELYN AVE., MOUNTAIN VIEW CA 94041