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Healthy Extracts (Healthy Extracts) ROC (Joel Greenblatt) % : -86.72% (As of Dec. 2023)


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What is Healthy Extracts 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. Healthy Extracts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -86.72%.

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

HYEX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -137000   Med: -149.25   Max: 99.45
Current: -158.17

During the past 10 years, Healthy Extracts's highest ROC (Joel Greenblatt) % was 99.45%. The lowest was -137000.00%. And the median was -149.25%.

HYEX's ROC (Joel Greenblatt) % is ranked worse than
85.77% of 1061 companies
in the Drug Manufacturers industry
Industry Median: 7.93 vs HYEX: -158.17

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


Healthy Extracts ROC (Joel Greenblatt) % Historical Data

The historical data trend for Healthy Extracts'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.

Healthy Extracts ROC (Joel Greenblatt) % Chart

Healthy Extracts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.45 -131.74 -89.34 -51.37 -149.25

Healthy Extracts Quarterly Data
Mar19 Jun19 Sep19 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 9.62 -128.78 -352.59 -72.85 -86.72

Competitive Comparison of Healthy Extracts's ROC (Joel Greenblatt) %

For the Drug Manufacturers - Specialty & Generic subindustry, Healthy Extracts'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.


Healthy Extracts's ROC (Joel Greenblatt) % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Healthy Extracts's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Healthy Extracts 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)
=(0.109 + 1.528 + 0.222) - (0.311 + 0 + 0.135)
=1.413

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.03 + 1.626 + 0.225) - (0.399 + 0 + 0.153)
=1.329

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Healthy Extracts 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 )
=-1.192/( ( (0.004 + max(1.413, 0)) + (0.003 + max(1.329, 0)) )/ 2 )
=-1.192/( ( 1.417 + 1.332 )/ 2 )
=-1.192/1.3745
=-86.72 %

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.


Healthy Extracts  (OTCPK:HYEX) 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.


Healthy Extracts ROC (Joel Greenblatt) % Related Terms

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


Healthy Extracts (Healthy Extracts) Business Description

Traded in Other Exchanges
N/A
Address
7375 Commercial Way, Suite 125, Henderson, NV, USA, 89011
Healthy Extracts Inc through its subsidiaries is engaged in proprietary research and development of natural plant-based formulations, manufacturing, sales, and distribution of cardiovascular and neuro products that provide natural brain solutions. The company also provides superfruit supplements to support overall cholesterol and cardiovascular health. Its products are distributed in the United States and Mexico. The company's operating segment includes Health Supplements and Corporate. It generates maximum revenue from the Health Supplements segment.
Executives
Robert Michael Madden officer: Chief Financial Officer 5269 SOUTH ALVERA CIR, SALT LAKE CITY UT 84117
Croyle William Russell Jr director 1 SILVERMOUND, LITTLETON CO 80127
Kevin Pitts 10 percent owner, officer: President 3664 CHRISTY RIDGE RD., SEDALIA CO 80135
Sanjeevkumar Ratanshi Javia director, officer: President 7161 E. RANCHO VISTA DRIVE, SUITE 3008, SCOTTSDALE AZ 85251
Patrick Stiles director, 10 percent owner, officer: President, CEO 10300 W. CHARLESTON, LAS VEGAS NV 89135
Joseph Nejman director, 10 percent owner, officer: President 555 BRYANT ST., SUITE 555, PALO ALTO CA 94301
William C Bossung director, 10 percent owner, officer: CFO and Secretary 10300 W. CHARLESTON BLVD., STE. 13-378, LAS VEGAS NV 89135
Brian J Dunn director, 10 percent owner 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Fred Covely director, 10 percent owner, officer: President and CEO 1508 GRANDVIEW RD., VISTA CA 92084