Burnham Holdings (Burnham Holdings) ROCE % : 4.97% (As of Sep. 2023)

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What is Burnham Holdings ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Burnham Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 4.97%.

Burnham Holdings ROCE % Historical Data

The historical data trend for Burnham Holdings's ROCE % 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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Burnham Holdings ROCE % Chart

Burnham Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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1.83

11.07

7.65

1.78

7.02

Burnham Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-2.96	3.95	26.75	12.07	4.97

Burnham Holdings ROCE % Calculation

Burnham Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	9.561	/	( ( (167.469 - 34.359)	+	(176.258 - 37.053) )	/ 2 )
	=	9.561	/	( (133.11	+	139.205)	/ 2 )
	=	9.561	/	136.1575
	=	7.02 %

Burnham Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	7.796	/	( ( (181.16 - 31.704)	+	(193.877 - 29.762) )	/ 2 )
	=	7.796	/	( ( 149.456	+	164.115 )	/ 2 )
	=	7.796	/	156.7855
	=	4.97 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Burnham Holdings (OTCPK:BURCB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Burnham Holdings ROCE % Related Terms

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Burnham Holdings (Burnham Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Burnham Holdings Inc (OTCPK:BURCB) » Definitions » ROCE %

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Traded in Other Exchanges

BURCP.PFD:USA BURCA:USA

Address

1241 Harrisburg Pike, P.O. Box 3245, Lancaster, PA, USA, 17603

Website

https://www.burnhamholdings.com

Burnham Holdings Inc provides thermal and interior comfort solutions used in a range of residential, commercial, and industrial applications to the heating, ventilating and air conditioning industry. Its subsidiaries design, manufacture and sale of boilers and related heating ventilating and air conditioning products and accessories. The firm sells and markets its products under brand names such as Alpine, K2, Phantom and Raptor, and others. Its products include boilers, boiler room accessories, advanced control systems, furnaces, radiators, air conditioning systems etc. The firm derives majority of its revenues from sales in the United States.