PT KDB Tifa Finance Tbk (ISX:TIFA) ROCE % : 6.34% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is PT KDB Tifa Finance 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 KDB Tifa Finance Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.34%.

PT KDB Tifa Finance Tbk ROCE % Historical Data

The historical data trend for PT KDB Tifa Finance 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.

* Premium members only.

PT KDB Tifa Finance Tbk ROCE % Chart

PT KDB Tifa Finance Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

7.79

4.28

7.19

7.26

PT KDB Tifa Finance Tbk Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial									5.94	6.60	5.98	3.48	6.34

PT KDB Tifa Finance Tbk ROCE % Calculation

PT KDB Tifa Finance 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 )
	=	83339.667	/	( ( (1601438.462 - 480659.785)	+	(1801376.731 - 627413.902) )	/ 2 )
	=	83339.667	/	( (1120778.677	+	1173962.829)	/ 2 )
	=	83339.667	/	1147370.753
	=	7.26 %

PT KDB Tifa Finance Tbk's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	74865.796	/	( ( (1801376.731 - 627413.902)	+	(1741590.939 - 552590.998) )	/ 2 )
	=	74865.796	/	( ( 1173962.829	+	1188999.941 )	/ 2 )
	=	74865.796	/	1181481.385
	=	6.34 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

PT KDB Tifa Finance Tbk (ISX:TIFA) 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 KDB Tifa Finance Tbk ROCE % Related Terms

Thank you for viewing the detailed overview of PT KDB Tifa Finance Tbk's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

PT KDB Tifa Finance Tbk (ISX:TIFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PT KDB Tifa Finance Tbk (ISX:TIFA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jenderal Sudirman Kav. 52-53, SCBD Lot 9, Equity Tower Lantai 39, South Jakarta, IDN, 12190

Website

https://www.kdbtifa.co.id

PT KDB Tifa Finance Tbk is a financial service company. It also provides both Conventional financing and Shariah-based financing. Its operating segments include Finance Lease; Multipurpose Financing; Sharia Financing. It generates maximum revenue from the Finance Lease segment. It operates in different industries namely infrastructure, consumer goods, logistics, and health and beauty equipment.

PT KDB Tifa Finance Tbk (ISX:TIFA) Headlines

No Headlines