BioLife Solutions Inc (BLFS)
Return on total capital
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -70,823 | -106,939 | -89,896 | -151,179 | -145,541 | -114,735 | -114,154 | -42,146 | -35,160 | -22,104 | -12,075 | -23,900 | -610 | 6,241 | 17,641 | 38,274 | -3,193 | -3,592 | -12,667 | -15,635 |
| Long-term debt | US$ in thousands | 18,311 | 20,937 | 23,572 | 23,692 | 23,793 | 24,207 | 6,188 | 6,313 | 6,353 | 6,122 | 5,019 | 916 | 655 | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 337,663 | 332,017 | 352,128 | 358,107 | 364,188 | 405,120 | 409,544 | 476,075 | 478,047 | 489,259 | 452,281 | 208,777 | 204,429 | 186,851 | 105,843 | 67,709 | 43,321 | 35,191 | 2,072 | -3,740 |
| Return on total capital | -19.90% | -30.30% | -23.93% | -39.60% | -37.51% | -26.72% | -27.46% | -8.74% | -7.26% | -4.46% | -2.64% | -11.40% | -0.30% | 3.34% | 16.67% | 56.53% | -7.37% | -10.21% | -611.34% | — |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-70,823K ÷ ($18,311K + $337,663K)
= -19.90%
BioLife Solutions Inc's return on total capital has exhibited significant volatility over the past few quarters, ranging from -611.34% in the first quarter of 2019 to a high of 56.53% in the first quarter of 2020. However, the company experienced negative returns in most quarters, with the latest data showing -19.90% as of December 31, 2023. This negative trend indicates that the company may be facing challenges in generating returns on the total capital employed in its operations. Further analysis and investigation into the factors contributing to this trend are warranted to understand the company's financial performance and sustainability in the long run.
Peer comparison
Dec 31, 2023