PT MNC Digital Entertainment Tbk (ISX:MSIN) ROCE % : -1.83% (As of Dec. 2023)

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What is PT MNC Digital Entertainment 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 MNC Digital Entertainment Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.83%.

PT MNC Digital Entertainment Tbk ROCE % Historical Data

The historical data trend for PT MNC Digital Entertainment 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 MNC Digital Entertainment Tbk ROCE % Chart

PT MNC Digital Entertainment Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.07

16.28

14.37

12.78

7.33

PT MNC Digital Entertainment 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															-8.41	13.54	11.99	1.27	-1.83

PT MNC Digital Entertainment Tbk ROCE % Calculation

PT MNC Digital Entertainment 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 )
	=	315625	/	( ( (6537084 - 4051723)	+	(6739478 - 611556) )	/ 2 )
	=	315625	/	( (2485361	+	6127922)	/ 2 )
	=	315625	/	4306641.5
	=	7.33 %

PT MNC Digital Entertainment 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 )
	=	-112308	/	( ( (6798506 - 681909)	+	(6739478 - 611556) )	/ 2 )
	=	-112308	/	( ( 6116597	+	6127922 )	/ 2 )
	=	-112308	/	6122259.5
	=	-1.83 %

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

PT MNC Digital Entertainment Tbk (ISX:MSIN) 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 MNC Digital Entertainment Tbk ROCE % Related Terms

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PT MNC Digital Entertainment Tbk (ISX:MSIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT MNC Digital Entertainment Tbk (ISX:MSIN) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Jalan Raya Pejuangan No. 1, Kebon Jeruk, MNC Pictures Building, MNC Studios Complex, West Jakarta, Jakarta, IDN, 11530

Website

https://www.msi.id

PT MNC Digital Entertainment Tbk is a film and entertainment company. The company caters to a diverse range of audiences through Content, Film Production, TV Series, Web Series Production, Infotainment Production, Advertising Agency, and Talent Management. Its operating segment includes Digital, Content and IP, Talent, and Subcription. The company generates maximum revenue from the Content and IP, Talent segment.

PT MNC Digital Entertainment Tbk (ISX:MSIN) Headlines

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