BioLife Solutions Inc (BLFS)
Return on total capital
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
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Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | -13,096 | -27,637 | -54,861 | -67,346 | -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 |
Long-term debt | US$ in thousands | 4,997 | 7,823 | 10,451 | 15,681 | 17,561 | 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 | 348,909 | 325,461 | 321,442 | 333,405 | 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 |
Return on total capital | -3.70% | -8.29% | -16.53% | -19.29% | -19.94% | -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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $-13,096K ÷ ($4,997K + $348,909K)
= -3.70%
BioLife Solutions Inc's return on total capital has been volatile over the past few years, starting strong at 56.53% as of March 31, 2020, but declining steadily thereafter. The company experienced a significant drop to -27.46% by June 30, 2022, and continued to face negative returns in subsequent periods. As of December 31, 2024, the return on total capital improved slightly to -3.70%, but it remains negative, indicating that the company may not be generating sufficient returns on the capital invested in its operations. This trend suggests that investors and stakeholders should closely monitor the company's financial performance and strategies to address the declining return on total capital.
Peer comparison
Dec 31, 2024