BTCS (BTCS) ROCE % : -21.83% (As of Dec. 2023)

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What is BTCS 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. BTCS's annualized ROCE % for the quarter that ended in Dec. 2023 was -21.83%.

BTCS ROCE % Historical Data

The historical data trend for BTCS'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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BTCS ROCE % Chart

BTCS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-501.28

-212.92

-43.42

-20.92

BTCS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-37.12	-45.93	-50.44	-28.67	-21.83

BTCS ROCE % Calculation

BTCS's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-3.713	/	( ( (9.918 - 0.586)	+	(27.147 - 0.981) )	/ 2 )
	=	-3.713	/	( (9.332	+	26.166)	/ 2 )
	=	-3.713	/	17.749
	=	-20.92 %

BTCS's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-3.776	/	( ( (8.916 - 0.485)	+	(27.147 - 0.981) )	/ 2 )
	=	-3.776	/	( ( 8.431	+	26.166 )	/ 2 )
	=	-3.776	/	17.2985
	=	-21.83 %

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

BTCS (NAS:BTCS) 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.

BTCS ROCE % Related Terms

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BTCS (BTCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BTCS Inc (NAS:BTCS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BIC:Germany

Address

9466 Georgia Avenue, Suite 124, Silver Spring, MD, USA, 20910

Website

https://www.btcs.com

BTCS Inc is engaged in the business of hosting an online e-commerce marketplace where consumers can purchase merchandise using Digital Assets, including bitcoin. The company focuses on blockchain and Digital Asset ecosystems. The firm operates a beta e-commerce marketplace, which accepts a range of digital currencies, has designed a beta secure digital currency storage solution BTCS Wallet.

Executives

Charles W Allen	director, 10 percent owner, officer: CEO and CFO and Director	1881 N. NASH STREET, UNIT 701, ARLINGTON VA 22209
Melanie Pump	director	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Manish Paranjape	officer: Chief Technology Officer	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Prevoznik Michael Edward Jr	officer: Chief Financial Officer	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Andrew Lee	officer: Chief Financial Officer	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Charles Benjamin Lee	director	1525 MIRAMONTE AVE #3451, LOS ALTOS CA 94024
Van Cleef Carol R	director	9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Michal Handerhan	director, 10 percent owner, officer: COO and Chairman	10020 RAYNOR DR, SILVER SPRING MD 20901
David Garrity	director	157 EAST 32ND STREET, APT. 19B, NEW YORK NY 10016
Jonathan R Read	director	6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Kiser Charles Arlen Jr.	10 percent owner, officer: Chief Marketing Officer	1701 N. KENT ST., ARLINGTON VA 22209
Timothy Andrew Sidie	director, 10 percent owner, officer: CTO and Director	8022 LAKETOWNE CT., SEVERN MD 21144