PT Indika Energy Tbk (ISX:INDY) ROCE % : 9.19% (As of Dec. 2023)

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What is PT Indika Energy 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 Indika Energy Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.19%.

PT Indika Energy Tbk ROCE % Historical Data

The historical data trend for PT Indika Energy 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 Indika Energy Tbk ROCE % Chart

PT Indika Energy Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.82

-1.27

22.59

46.39

13.79

PT Indika Energy Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															43.02	20.45	14.94	7.83	9.19

PT Indika Energy Tbk ROCE % Calculation

PT Indika Energy Tbk'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 )
	=	4884788.577	/	( ( (56535244.546 - 18545715.108)	+	(47991558.202 - 15146058.824) )	/ 2 )
	=	4884788.577	/	( (37989529.438	+	32845499.378)	/ 2 )
	=	4884788.577	/	35417514.408
	=	13.79 %

PT Indika Energy Tbk's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	3262332.408	/	( ( (48526644.941 - 10359271.582)	+	(47991558.202 - 15146058.824) )	/ 2 )
	=	3262332.408	/	( ( 38167373.359	+	32845499.378 )	/ 2 )
	=	3262332.408	/	35506436.3685
	=	9.19 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

PT Indika Energy Tbk (ISX:INDY) 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 Indika Energy Tbk ROCE % Related Terms

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PT Indika Energy Tbk (ISX:INDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Indika Energy Tbk (ISX:INDY) » Definitions » ROCE %

Traded in Other Exchanges

I41:Germany

Address

Jl. Jend Gatot Subroto Kav. 21, Graha Mitra, Lantai 3, Jakarta, IDN, 12930

Website

https://www.indikaenergy.co.id

PT Indika Energy Tbk is an Indonesia-based integrated energy company engaged in exploring, producing, and processing coal. The company and its subsidiaries are principally organized based on energy resources, energy services, energy infrastructure business, and Other portfolio holdings segments. Kideco is the company's core asset in the energy resources sector. The energy services business is operated through Tripatra and Petrosea. Tripatra provides engineering, procurement, and construction services, operations and maintenance, and logistic services. Petrosea provides engineering, construction, and contract mining with total pit-to-port capability. Its energy infrastructure segment includes a 660-megawatt and 1,000-megawatt power generation plant in Cirebon.