Hartford Great Health (Hartford Great Health) ROC % : -1.37% (As of Jan. 2024)

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What is Hartford Great Health 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 %. Hartford Great Health's annualized return on capital (ROC %) for the quarter that ended in Jan. 2024 was -1.37%.

As of today (2024-05-17), Hartford Great Health's WACC % is 1.64%. Hartford Great Health's ROC % is -1.86% (calculated using TTM income statement data). Hartford Great Health earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Hartford Great Health ROC % Historical Data

The historical data trend for Hartford Great Health'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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Hartford Great Health ROC % Chart

Hartford Great Health Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROC %

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-28.78

-31.90

-2.53

-1.63

Hartford Great Health Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROC %	Get a 7-Day Free Trial															-1.89	-1.83	-2.41	-1.84	-1.37

Hartford Great Health ROC % Calculation

Hartford Great Health's annualized Return on Capital (ROC %) for the fiscal year that ended in Jul. 2023 is calculated as:

	ROC % (A: Jul. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Jul. 2022 )	+	Invested Capital (A: Jul. 2023 ))	/ count )
=	-0.124 * ( 1 - 0.25% )	/	( (10.834	+	4.368)	/ 2 )
=	-0.12369	/	7.601
=	-1.63 %

where

	Invested Capital		(A: Jul. 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	))
=	4.538	-	0.145	-	( 0.015	-	max(0, 10.971	-	4.53	+	0.015	))
=	10.834

	Invested Capital		(A: Jul. 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	))
=	0.008	-	0.13	-	( 0.006	-	max(0, 4.497	-	0.007	+	0.006	))
=	4.368

Hartford Great Health's annualized Return on Capital (ROC %) for the quarter that ended in Jan. 2024 is calculated as:

	ROC % (Q: Jan. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Oct. 2023 )	+	Invested Capital (Q: Jan. 2024 ))	/ count )
=	-0.06 * ( 1 - 0% )	/	( (4.306	+	4.44)	/ 2 )
=	-0.06	/	4.373
=	-1.37 %

where

	Invested Capital		(Q: Oct. 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	))
=	0.015	-	0.127	-	( 0.014	-	max(0, 4.433	-	0.015	+	0.014	))
=	4.306

	Invested Capital		(Q: Jan. 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	))
=	0.01	-	0.132	-	( 0.008	-	max(0, 4.572	-	0.01	+	0.008	))
=	4.44

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

Hartford Great Health (OTCPK:HFUS) 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, Hartford Great Health's WACC % is 1.64%. Hartford Great Health's ROC % is -1.86% (calculated using TTM income statement data). Hartford Great Health 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.

Hartford Great Health ROC % Related Terms

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Hartford Great Health (Hartford Great Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hartford Great Health Corp (OTCPK:HFUS) » Definitions » ROC %

Comparable Companies

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Address

8832 Glendon Way, Rosemead, CA, USA, 91770

Website

http://www.hartfordgreathealth.com

Hartford Great Health Corp is engaged in the health and longevity industries, early childhood development & education centers, commercial office leasing, high-end clubhouse care centers, intelligent pension investment services, as well as cultural media and other investment projects in Shanghai and Hangzhou.

Executives

Hillel Of Colorado	10 percent owner	2390 S. RACE STEET, DENVER CO 80127
Gary A Agron	10 percent owner	5445 DTC PARKWAY, SUITE 520, ENGLEWOOD CO 80111
Underwood Family Partners, Ltd.	10 percent owner	5 EAGLE POINTE LANE, CASTLE ROCK CO 80108
Iliff Street Capital, Llc	10 percent owner	3535 E. WARREN AVE., DENVER CO 80210
Robert D. Heckes	director, officer: CEO	2532 FOOTHILL ROAD, SANTA BARBARA CA 93105

Hartford Great Health (Hartford Great Health) Headlines

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Hartford Great Health Announces Increased Investment to Subsidiary and New Cooperation Agreement With Shanghai JiaoTong University

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