Greenlit Ventures (Greenlit Ventures) ROC % : -25,466.67% (As of Mar. 2024)

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What is Greenlit Ventures ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Greenlit Ventures's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was -25,466.67%.

As of today (2024-06-09), Greenlit Ventures's WACC % is 0.00%. Greenlit Ventures's ROC % is -281.90% (calculated using TTM income statement data). Greenlit Ventures earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Greenlit Ventures ROC % Historical Data

The historical data trend for Greenlit Ventures's ROC % 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.

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Greenlit Ventures ROC % Chart

Greenlit Ventures Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROC %

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-304.76

-102.94

-103.82

-95.58

-131.03

Greenlit Ventures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROC %	Get a 7-Day Free Trial															-107.77	-35.09	-30.25	-1,600.00	-25,466.67

Greenlit Ventures ROC % Calculation

Greenlit Ventures's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

	ROC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	-0.057 * ( 1 - 0% )	/	( (0.084	+	0.003)	/ 2 )
=	-0.057	/	0.0435
=	-131.03 %

where

	Invested Capital		(A: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.007	-	( 0	-	max(0, 0.091	-	0	+	0	))
=	0.084

	Invested Capital		(A: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.014	-	( 0	-	max(0, 0.017	-	0	+	0	))
=	0.003

Greenlit Ventures's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2024 is calculated as:

	ROC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.764 * ( 1 - 0% )	/	( (0.003	+	0)	/ 1 )
=	-0.764	/	0.003
=	-25,466.67 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.014	-	( 0	-	max(0, 0.017	-	0	+	0	))
=	0.003

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.016	-	( 0	-	max(0, 0.016	-	0	+	0	))
=	0

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

Greenlit Ventures (OTCPK:GLVT) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Greenlit Ventures's WACC % is 0.00%. Greenlit Ventures's ROC % is -281.90% (calculated using TTM income statement data). Greenlit Ventures earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Greenlit Ventures ROC % Related Terms

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Greenlit Ventures (Greenlit Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Greenlit Ventures Inc (OTCPK:GLVT) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

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Address

9169 W State Street, No.3147, Garden City, ID, USA, 83714

Website

MS Young Adventure Enterprise Inc is a marketing and management consulting company that provides advisory services to companies located in Asia for the purpose of facilitating the competitiveness of those companies in the international market. The company offers a wide assortment of advisory services, ranging from business planning consulting services, mergers and acquisitions advising, and marketing services.

Executives

Zilin Wang Wang	director, 10 percent owner, officer: president,director,10%+ sh	506 ENTERPRISE AVENUE, KITIMAT A1 V8C 2E2
James M Cassidy	director, 10 percent owner, officer: president	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	director, 10 percent owner, officer: vice president	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212

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