BCBC (Bitcoin Bancorp) ROIC %: -127.59% (As of Dec. 2008)


What is Bitcoin Bancorp ROIC %?

Bitcoin Bancorp BCBC -17.79% ROIC % is -127.59% as of Dec. 2008.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Bitcoin Bancorp's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2008 was -127.59%.

As of today (2026-06-27), Bitcoin Bancorp's WACC % is 0.00%. Bitcoin Bancorp's ROIC % is 0.00% (calculated using TTM income statement data). Bitcoin Bancorp earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Bitcoin Bancorp  (OTCPK:BCBC) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. 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 ROIC % 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, Bitcoin Bancorp's WACC % is 0.00%. Bitcoin Bancorp's ROIC % is 0.00% (calculated using TTM income statement data). Bitcoin Bancorp 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 %, ROIC % 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.

Bitcoin Bancorp ROIC % Related Terms

Bitcoin Bancorp ROIC % Historical Data

* Premium members only.

The historical data trend for Bitcoin Bancorp's ROIC % 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.

Bitcoin Bancorp ROIC % Chart

Bitcoin Bancorp Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
ROIC %
Get a 7-Day Free Trial Premium Member Only -949.28 -1,489.43 -849.21 -310.30 -127.59

Bitcoin Bancorp Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
ROIC % Get a 7-Day Free Trial Premium Member Only -949.28 -1,489.43 -849.21 -310.30 -127.59

BCBC vs TFLM, INTZ, DTSS: ROIC % Comparison

For the Software - Infrastructure subindustry, Bitcoin Bancorp's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bitcoin Bancorp ROIC % vs Software Industry

For the Software industry and Technology sector, Bitcoin Bancorp's ROIC % distribution charts can be found below:

* The bar in red indicates where Bitcoin Bancorp's ROIC % falls into.


Bitcoin Bancorp ROIC % Calculation

Bitcoin Bancorp's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2008 is calculated as:

ROIC % (A: Dec. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2007 ) + Invested Capital (A: Dec. 2008 ))/ count )
=-0.474 * ( 1 - 0% )/( (0.526 + 0.217)/ 2 )
=-0.474/0.3715
=-127.59 %

where

Invested Capital(A: Dec. 2007 )
=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))
=0.27 - 0.233 - ( 0.008 - max(0, 0.5 - 0.011+0.008))
=0.526

Invested Capital(A: Dec. 2008 )
=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))
=0.243 - 0.172 - ( 0.014 - max(0, 0.172 - 0.026+0.014))
=0.217

Bitcoin Bancorp's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2008 is calculated as:

ROIC % (Q: Dec. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2007 ) + Invested Capital (Q: Dec. 2008 ))/ count )
=-0.474 * ( 1 - 0% )/( (0.526 + 0.217)/ 2 )
=-0.474/0.3715
=-127.59 %

where

Invested Capital(Q: Dec. 2007 )
=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))
=0.27 - 0.233 - ( 0.008 - max(0, 0.5 - 0.011+0.008))
=0.526

Invested Capital(Q: Dec. 2008 )
=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))
=0.243 - 0.172 - ( 0.014 - max(0, 0.172 - 0.026+0.014))
=0.217

Note: The Operating Income data used here is one times the annual (Dec. 2008) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of -127.59% mean?
Bitcoin Bancorp (BCBC) has a ROIC % of -127.59% as of Dec. 2008. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Bitcoin Bancorp and its competitors.
Is Bitcoin Bancorp's ROIC % too high?
Bitcoin Bancorp's current ROIC % is -127.59%.
How does Bitcoin Bancorp's ROIC % compare to TFLM and INTZ?
Bitcoin Bancorp's ROIC % of -127.59% can be compared against companies in the Software industry. The industry median ROIC % is 3.11. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Software company?
The median ROIC % among Software companies is 3.11, based on 2,830 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Bitcoin Bancorp and its competitors. For the Software industry, the median ROIC % is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bitcoin Bancorp's current ROIC % is -127.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Bancorp stock overvalued right now?
Bitcoin Bancorp (BCBC) has a current ROIC % of -127.59%. The current ROIC % is -127.59%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Bitcoin Bancorp (BCBC), the current ROIC % is -127.59% as of Dec. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bitcoin Bancorp Business Description

Address 732 S 6th Street, Suite R, Las Vegas, NV, USA, 89101
Bitcoin Bancorp Inc is a diversified digital asset and BaaS company, specializing in blockchain technologies, software development, and Web 3.0. The company owns Bitcoin ATMs which are operated by licensed third-party operators within the jurisdictions in which it resides. It is committed to driving the innovations needed to shape the future of digital and blockchain-related platforms through digital technology and decentralized blockchain solutions.