Biotalys NV (XBRU:BTLS) ROCE % : -54.30% (As of Dec. 2023)

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What is Biotalys NV 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. Biotalys NV's annualized ROCE % for the quarter that ended in Dec. 2023 was -54.30%.

Biotalys NV ROCE % Historical Data

The historical data trend for Biotalys NV'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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Biotalys NV ROCE % Chart

Biotalys NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-56.26

-41.14

-35.02

-41.47

-54.41

Biotalys NV Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-29.59	-31.82	-52.04	-49.01	-54.30

Biotalys NV ROCE % Calculation

Biotalys NV'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 )
	=	-20.293	/	( ( (49.517 - 5.96)	+	(36.582 - 5.546) )	/ 2 )
	=	-20.293	/	( (43.557	+	31.036)	/ 2 )
	=	-20.293	/	37.2965
	=	-54.41 %

Biotalys NV'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-19.72	/	( ( (47.211 - 5.61)	+	(36.582 - 5.546) )	/ 2 )
	=	-19.72	/	( ( 41.601	+	31.036 )	/ 2 )
	=	-19.72	/	36.3185
	=	-54.30 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Biotalys NV (XBRU:BTLS) 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.

Biotalys NV ROCE % Related Terms

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Biotalys NV (XBRU:BTLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Biotalys NV (XBRU:BTLS) » Definitions » ROCE %

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86C:Germany

Address

Buchtenstraat 11, Ghent, BEL, 9051

Website

https://www.biotalys.com

Biotalys NV is an agricultural technology company focused on addressing food protection challenges with proprietary protein-based biocontrol solutions and aiming to provide alternatives to conventional chemical pesticides for a more sustainable and safer food supply.

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