Birchtech (BCHT) Debt Ratio (2011 - 2023)
Birchtech (BCHT) posted Debt Ratio of 0.39 for Q4 2023, down 64.74% sequentially from 1.1 in Q3 2023, and down 62.51% YoY from 1.03 in Q4 2022.
Birchtech (BCHT) Debt Ratio (2011 - 2023) Analysis & Trends
Birchtech has reported Debt Ratio for 12 years, with the latest figure at 0.39 in Q4 2023.
- Quarterly Debt Ratio fell 62.51% year-over-year to 0.39 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.39 (down 62.51% YoY) and the FY2023 annual result came in at 0.39, down 62.51% from the prior year.
- Debt Ratio declined to 0.39 in Q4 2023 per BCHT's latest filing, from 1.1 in the prior quarter.
- Over five years, Debt Ratio peaked at 1.46 in Q2 2022 and troughed at 0.23 in Q1 2019.
- A 5-year average of 0.68 and a median of 0.94 in 2019 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2019 and 2022: Debt Ratio tumbled 1325.25% in 2019, then soared 4420.63% in 2022.
- Over 5 years, Debt Ratio stood at 0.85 in 2019, then tumbled by 95.24% to 0.04 in 2020, then soared by 3496.55% to 1.46 in 2021, then slipped by 29.11% to 1.03 in 2022, then tumbled by 62.51% to 0.39 in 2023.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.39, 1.1, and 1.19 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.28 Bn | 22.16 Bn | 902.00 Mn | 0.48 |
| 2 | Zurn Elkay Water Solutions | 8.20 Bn | 7.84 Bn | 288.30 Mn | 0.18 |
| 3 | Federal Signal | 7.46 Bn | 7.39 Bn | 203.80 Mn | 0.19 |
| 4 | Ceco Environmental | 3.10 Bn | 3.04 Bn | 86.47 Mn | 0.19 |
| 5 | PureCycle Technologies | 1.26 Bn | 1.26 Bn | - | 0.35 |
| 6 | Aduro Clean Technologies | 528.77 Mn | 500.10 Mn | - | - |
| 7 | Energy Recovery | 406.56 Mn | 313.50 Mn | 8.96 Mn | - |
| 8 | Arq | 96.62 Mn | 95.72 Mn | 11.51 Mn | 0.13 |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | - |
| 10 | Birchtech | 25.69 Mn | 13.85 Mn | 1.03 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.39 |
| Sep 30, 2023 | 1.10 |
| Jun 30, 2023 | 1.19 |
| Mar 31, 2023 | 1.24 |
| Dec 31, 2022 | 1.03 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 1.46 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 1.46 |
| Sep 30, 2021 | 1.20 |
| Jun 30, 2021 | 0.03 |
| Mar 31, 2021 | 0.03 |
| Dec 31, 2020 | 0.04 |
| Sep 30, 2020 | 1.23 |
| Jun 30, 2020 | 0.00 |
| Mar 31, 2020 | 1.15 |
| Dec 31, 2019 | 0.85 |
| Mar 31, 2019 | -0.23 |
| Dec 31, 2018 | 0.03 |
| Sep 30, 2018 | 0.01 |