BT Wealth Industries Public Company (BKK:BTW) ROCE % : -28.02% (As of Mar. 2024)

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What is BT Wealth Industries Public Company 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. BT Wealth Industries Public Company's annualized ROCE % for the quarter that ended in Mar. 2024 was -28.02%.

BT Wealth Industries Public Company ROCE % Historical Data

The historical data trend for BT Wealth Industries Public Company'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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BT Wealth Industries Public Company ROCE % Chart

BT Wealth Industries Public Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-14.35

6.40

-10.98

5.16

-106.59

BT Wealth Industries Public Company Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-9.80	-133.94	-82.62	-244.31	-28.02

BT Wealth Industries Public Company ROCE % Calculation

BT Wealth Industries Public Company'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 )
	=	-746.237	/	( ( (1902.87 - 811.323)	+	(773.571 - 464.872) )	/ 2 )
	=	-746.237	/	( (1091.547	+	308.699)	/ 2 )
	=	-746.237	/	700.123
	=	-106.59 %

BT Wealth Industries Public Company's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-83.352	/	( ( (773.571 - 464.872)	+	(720.681 - 434.35) )	/ 2 )
	=	-83.352	/	( ( 308.699	+	286.331 )	/ 2 )
	=	-83.352	/	297.515
	=	-28.02 %

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

BT Wealth Industries Public Company (BKK:BTW) 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.

BT Wealth Industries Public Company ROCE % Related Terms

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BT Wealth Industries Public Company (BKK:BTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » BT Wealth Industries Public Company Ltd (BKK:BTW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39 (Thep Leela 1), Wangthonglang, Bangkok, THA, 10310

Website

http://www.btwealthindustries.com

BT Wealth Industries Public Company Ltd is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power, in both domestic and international sites. The steel fabrication products include Modularization and Parts Fabrication. The installation and construction business serve the Engineering Procurement and Construction contractors or project owners. It also engages in the production of renewable energy. In addition, it provides equipment and facility rental to fabricators and constructor.

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