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Blue Dolphin Energy Co (Blue Dolphin Energy Co) ROCE % : 75.46% (As of Dec. 2023)


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What is Blue Dolphin Energy Co 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. Blue Dolphin Energy Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 75.46%.


Blue Dolphin Energy Co ROCE % Historical Data

The historical data trend for Blue Dolphin Energy Co'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.

* Premium members only.

Blue Dolphin Energy Co ROCE % Chart

Blue Dolphin Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,747.94 - - - 114.07

Blue Dolphin Energy Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 476.82 253.25 1.27 81.65 75.46

Blue Dolphin Energy Co ROCE % Calculation

Blue Dolphin Energy Co'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 )
=36.629/( ( (83.904 - 70.334) + (106.077 - 55.425) )/ 2 )
=36.629/( (13.57+50.652)/ 2 )
=36.629/32.111
=114.07 %

Blue Dolphin Energy Co'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 )
=36.74/( ( (102.043 - 55.322) + (106.077 - 55.425) )/ 2 )
=36.74/( ( 46.721 + 50.652 )/ 2 )
=36.74/48.6865
=75.46 %

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

* 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.


Blue Dolphin Energy Co  (OTCPK:BDCO) 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.


Blue Dolphin Energy Co ROCE % Related Terms

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Blue Dolphin Energy Co (Blue Dolphin Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
801 Travis Street, Suite 2100, Houston, TX, USA, 77002
Blue Dolphin Energy Co is a United States-based refiner and marketer of petroleum products. It operates in two segments: Refinery operations and Tolling and Terminaling. The vast majority of its revenue comes from Refinery operations that include refining and marketing petroleum products. Tolling and terminating operations relate to tolling and storage terminating services under related-party and third-party lease agreements.
Executives
Jonathan P Carroll 10 percent owner, officer: CEO & President 4265 SAN FELIPE, 8TH FLOOR, HOUSTON TX 77027
Ryan A. Bailey director C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Amitav Misra director 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Christopher Todd Morris director C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Blue Sky Langsa Ltd 10 percent owner 1509 EAST CHAPMAN AVE., ORANGE CA 92866
Tommy L Byrd officer: INTERIM CFO C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Herbert N Whitney director 400 EAST KALISTE SALOOM #1300, LAFAYETTE LA 70508
A Haag Sherman director 600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002
Mcreynolds Thomas J Jr officer: CFO, SVP & Treasurer C/O BLUE DOLPHIN ENERGY COMPANY, 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
Thomas Wayne Heath officer: Executive Vice President 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
William J. Dale officer: CFO, Treasurer & Secretary 12918 PARK FOREST TRAIL, CYPRESS TX 77429
T Scott Howard officer: Accting Mgr, Asst Trea/Sect 801 TRAVIS STREET, SUITE 2100, HOUSTON TX 77002
John N Goodpasture director 1200 SMITH STREET, SUITE 2300, HOUSTON TX 77002
Michael S Chadwick director 3100 JP MORGAN CHASE TOWER, HOUSTON TX 77002
Erik Ostbye director 1599 POST ROAD EAST, WESTPORT CT 06880

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