Birchtech (TSXV:BCHT) ROCE % : -146.39% (As of Dec. 2024)

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What is Birchtech 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. Birchtech's annualized ROCE % for the quarter that ended in Dec. 2024 was -146.39%.

Birchtech ROCE % Historical Data

The historical data trend for Birchtech'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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Birchtech ROCE % Chart

Birchtech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-65.87

46.43

-83.07

Birchtech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															242.25	-49.28	-249.14	-37.79	-146.39

Birchtech ROCE % Calculation

Birchtech's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-15.421	/	( ( (37.982 - 2.929)	+	(14.619 - 12.546) )	/ 2 )
	=	-15.421	/	( (35.053	+	2.073)	/ 2 )
	=	-15.421	/	18.563
	=	-83.07 %

Birchtech's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-9.12	/	( ( (15.788 - 5.401)	+	(14.619 - 12.546) )	/ 2 )
	=	-9.12	/	( ( 10.387	+	2.073 )	/ 2 )
	=	-9.12	/	6.23
	=	-146.39 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Birchtech (TSXV:BCHT) 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.

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Birchtech Business Description

Industry

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BCHT:USA

Address

1810 Jester Drive, Corsicana, TX, USA, 75109

Website

https://www.birchtech.com

Birchtech Corp is an environmental technology firm that promotes cleaner water and air with effective, affordable, and sustainable business solutions. The Company's ME2C Environmental division has provided patented SEA sorbent technologies for mercury emissions capture to the coal-fired utility sector. Its WE2C Environmental is focused on developing new, disruptive technologies for PFAS/PFOS removal from potable (drinking) water.