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Toggle3D.ai (Toggle3D.ai) ROC (Joel Greenblatt) % : 0.00% (As of Jan. 2024)


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What is Toggle3D.ai 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. Toggle3D.ai's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 0.00%.

The historical rank and industry rank for Toggle3D.ai's ROC (Joel Greenblatt) % or its related term are showing as below:

TGGLF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1500   Med: 0   Max: 0
Current: -1500

TGGLF's ROC (Joel Greenblatt) % is ranked worse than
91.59% of 2759 companies
in the Software industry
Industry Median: 13.87 vs TGGLF: -1500.00

Toggle3D.ai's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Toggle3D.ai ROC (Joel Greenblatt) % Historical Data

The historical data trend for Toggle3D.ai'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.

Toggle3D.ai ROC (Joel Greenblatt) % Chart

Toggle3D.ai Annual Data
Trend Dec20 Dec21 Dec22 Jan24
ROC (Joel Greenblatt) %
- - - -

Toggle3D.ai Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jul23 Oct23 Jan24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial - - - -3,453.33 -

Competitive Comparison of Toggle3D.ai's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Toggle3D.ai'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.


Toggle3D.ai's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Toggle3D.ai's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Toggle3D.ai's ROC (Joel Greenblatt) % falls into.



Toggle3D.ai 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.104 + 0 + 0.03) - (0.044 + 0 + 0)
=0.09

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Toggle3D.ai for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(0.09, 0)) + (0 + max(0, 0)) )/ 1 )
=0/( ( 0.09 + 0 )/ 1 )
=0/0.09
=0.00 %

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


Toggle3D.ai  (OTCPK:TGGLF) 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.


Toggle3D.ai ROC (Joel Greenblatt) % Related Terms

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Toggle3D.ai (Toggle3D.ai) Business Description

Industry
Traded in Other Exchanges
Address
Toronto RPO Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6
Toggle3D.ai is an AR-enhanced standalone web application that enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this breakthrough SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.