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Bitcoin Depot (Bitcoin Depot) ROE % : 0.00% (As of Mar. 2024)


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What is Bitcoin Depot ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bitcoin Depot's annualized net income for the quarter that ended in Mar. 2024 was $-6.2 Mil. Bitcoin Depot's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $-16.2 Mil. Therefore, Bitcoin Depot's annualized ROE % for the quarter that ended in Mar. 2024 was N/A%.

The historical rank and industry rank for Bitcoin Depot's ROE % or its related term are showing as below:

During the past 4 years, Bitcoin Depot's highest ROE % was 74.65%. The lowest was 0.00%. And the median was 52.86%.

BTM's ROE % is not ranked *
in the Capital Markets industry.
Industry Median: 5.29
* Ranked among companies with meaningful ROE % only.

Bitcoin Depot ROE % Historical Data

The historical data trend for Bitcoin Depot's ROE % 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.

Bitcoin Depot ROE % Chart

Bitcoin Depot Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROE %
74.65 31.06 - -

Bitcoin Depot Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 248.96 -1,574.83 - - -

Competitive Comparison of Bitcoin Depot's ROE %

For the Capital Markets subindustry, Bitcoin Depot's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bitcoin Depot's ROE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Depot's ROE % distribution charts can be found below:

* The bar in red indicates where Bitcoin Depot's ROE % falls into.



Bitcoin Depot ROE % Calculation

Bitcoin Depot's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-26.102/( (7.214+-15.814)/ 2 )
=-26.102/-4.3
=N/A %

Bitcoin Depot's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=-6.152/( (-15.814+-16.617)/ 2 )
=-6.152/-16.2155
=N/A %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Bitcoin Depot  (NAS:BTM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-6.152/-16.2155
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.152 / 554.156)*(554.156 / 83.7235)*(83.7235 / -16.2155)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.11 %*6.6189*N/A
=ROA %*Equity Multiplier
=-7.35 %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-6.152/-16.2155
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.152 / -17.464) * (-17.464 / 2.796) * (2.796 / 554.156) * (554.156 / 83.7235) * (83.7235 / -16.2155)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.3523 * -6.2461 * 0.5 % * 6.6189 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Bitcoin Depot ROE % Related Terms

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


Bitcoin Depot (Bitcoin Depot) Business Description

Traded in Other Exchanges
N/A
Address
2870 Peachtree Road No. 327, Atlanta, GA, USA, 30305
Bitcoin Depot Inc is the fastest-growing multi-cryptocurrency ATM Network offering users the ability to buy and sell.
Executives
Christopher Scott Buchanan director, officer: CHIEF OPERATING OFFICER 2870 PEACHTREE RD #327, ATLANTA GA 30305
Brandon Taylor Mintz director, officer: See Remarks 2870 PEACHTREE RD #327, ATLANTA GA 30305
David E Shaw 10 percent owner, other: See Footnotes 1, 3, and 4. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p. 10 percent owner, other: See Footnotes 1, 3, and 4. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c. 10 percent owner, other: See Footnotes 1, 3, and 4. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
Daniel Tramel Stabile director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Jacqueline Marks director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Gardner Daniel C. Jr director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Timothy Vanderham director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Bt Assets, Inc. 10 percent owner 2870 PEACHTREE RD #327, ATLANTA GA 30305
Mark James Smalley officer: CHIEF COMPLIANCE OFFICER 2870 PEACHTREE RD #327, ATLANTA GA 30305
Gsr Ii Meteora Sponsor Llc 10 percent owner C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432
Glen S Leibowitz officer: CHIEF FINANCIAL OFFICER 366 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10017
Bradley R. Strock director C/O ELEVATE CREDIT, INC., 4150 INTERNATIONAL PLAZA, SUITE 300, FORT WORTH TX 76109
Eve Mongiardo director C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432