Butterfly Network (Butterfly Network) ROCE % : -34.15% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Butterfly Network 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. Butterfly Network's annualized ROCE % for the quarter that ended in Mar. 2024 was -34.15%.

Butterfly Network ROCE % Historical Data

The historical data trend for Butterfly Network'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.

Butterfly Network ROCE % Chart

Butterfly Network Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-208.48

-10.55

-37.97

-42.67

Butterfly Network Quarterly Data
	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													-38.06	-38.15	-36.03	-64.31	-34.15

Butterfly Network ROCE % Calculation

Butterfly Network'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 )
	=	-133.618	/	( ( (417.57 - 51.329)	+	(304.274 - 44.271) )	/ 2 )
	=	-133.618	/	( (366.241	+	260.003)	/ 2 )
	=	-133.618	/	313.122
	=	-42.67 %

Butterfly Network'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 )
	=	-85.832	/	( ( (304.274 - 44.271)	+	(284.288 - 41.542) )	/ 2 )
	=	-85.832	/	( ( 260.003	+	242.746 )	/ 2 )
	=	-85.832	/	251.3745
	=	-34.15 %

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

Butterfly Network (NYSE:BFLY) 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.

Butterfly Network ROCE % Related Terms

Thank you for viewing the detailed overview of Butterfly Network's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Butterfly Network (Butterfly Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Butterfly Network Inc (NYSE:BFLY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1600 District Avenue, Guilford, Burlington, MA, USA, 01803

Website

https://www.butterflynetwork.com

Butterfly Network Inc is a digital health business transforming care with handheld, whole-body ultrasound. Powered by its proprietary Ultrasound-on-Chip technology, its solution enables the acquisition of imaging information from an affordable, powerful device that fits in a healthcare professional's pocket with a combination of cloud-connected software and hardware technology that is easily accessed through a mobile application. Butterfly enables the practical application of ultrasound information in the clinical workflow. Butterfly iQ+ is an ultrasound device that can perform whole-body imaging in a single handheld probe using semiconductor technology. With its small, handheld size, low cost, and simple user interface.

Executives

Andrei G Stoica	officer: Chief Technology Officer	1000 CEDAR HOLLOW ROAD, MALVERN PA 19355
Heather C Getz	officer: EVP & Chief Financial Officer	BIOTELEMETRY, INC., 1000 CEDAR HOLLOW ROAD, #102, MALVERN PA 19355
Joseph Devivo	director, officer: President & CEO	BUTTERFLY NETWORK, INC., 1600 DISTRICT AVENUE, BURLINGTON MA 01803
Lawrence T Weiss	officer: CLO, GC and Corp Sec	530 OLD WHITFIELD STREET, GUILFOD CT 06437
John David Martin	officer: Chief Medical Officer	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Darius Shahida	officer: CSO & CBDO	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 203-689-56
Troy Quander	officer: SVP, Regulatory and Quality	530 OLD WHITFIELD STREET, C/O BUTTERFLY NETWORK, INC., GUILFORD CT 06437
Tamara Dillon	officer: Chief People Officer	530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stephanie Fielding	officer: Chief Financial Officer	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Larry Robbins	director, 10 percent owner	767 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10153
Mary Miller	officer: GC and CS	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Stacey Pugh	officer: Chief Commercial Officer	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Todd Fruchterman	director, officer: President and CEO	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Erica Schwartz	director	400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339
David Perri	officer: Chief Operating Officer	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101