PT Era Mandiricemerlang Tbk (ISX:IKAN) ROCE % : 0.00% (As of . 20)

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What is PT Era Mandiricemerlang Tbk 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. PT Era Mandiricemerlang Tbk's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

PT Era Mandiricemerlang Tbk ROCE % Historical Data

The historical data trend for PT Era Mandiricemerlang Tbk'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.

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PT Era Mandiricemerlang Tbk ROCE % Chart

PT Era Mandiricemerlang Tbk Annual Data

Trend

ROCE %

PT Era Mandiricemerlang Tbk Semi-Annual Data

ROCE %

PT Era Mandiricemerlang Tbk ROCE % Calculation

PT Era Mandiricemerlang Tbk's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

PT Era Mandiricemerlang Tbk's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

PT Era Mandiricemerlang Tbk (ISX:IKAN) 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.

PT Era Mandiricemerlang Tbk ROCE % Related Terms

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PT Era Mandiricemerlang Tbk (ISX:IKAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Era Mandiricemerlang Tbk (ISX:IKAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Lodan Raya No. 2, Blok F No. 2-7, Ruko Lodan Center, Ancol, Jakarta Utara, Jakarta, IDN, 14430

Website

https://www.indonesiaseafood.net

PT Era Mandiricemerlang Tbk is a producer and supplier of seafood products. Its business activities include the processing and trading of fishery products. The company's products include Mahi-Mahi, Tuna, Swordfish, OilFish, Red Snapper, Grouper, and Octopus.

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