PT Cikarang Listrindo Tbk (FRA:B2O) ROCE % : 7.64% (As of Dec. 2023)

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What is PT Cikarang Listrindo 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 Cikarang Listrindo Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.64%.

PT Cikarang Listrindo Tbk ROCE % Historical Data

The historical data trend for PT Cikarang Listrindo 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 Cikarang Listrindo Tbk ROCE % Chart

PT Cikarang Listrindo Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.49

9.92

11.87

10.97

10.59

PT Cikarang Listrindo 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															10.14	12.61	10.52	11.46	7.64

PT Cikarang Listrindo Tbk ROCE % Calculation

PT Cikarang Listrindo 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 )
	=	126.84	/	( ( (1285.367 - 51.685)	+	(1214.318 - 53.017) )	/ 2 )
	=	126.84	/	( (1233.682	+	1161.301)	/ 2 )
	=	126.84	/	1197.4915
	=	10.59 %

PT Cikarang Listrindo 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 )
	=	90.612	/	( ( (1257.397 - 45.461)	+	(1214.318 - 53.017) )	/ 2 )
	=	90.612	/	( ( 1211.936	+	1161.301 )	/ 2 )
	=	90.612	/	1186.6185
	=	7.64 %

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

PT Cikarang Listrindo Tbk (FRA:B2O) 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 Cikarang Listrindo Tbk ROCE % Related Terms

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PT Cikarang Listrindo Tbk (FRA:B2O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Cikarang Listrindo Tbk (FRA:B2O) » Definitions » ROCE %

Traded in Other Exchanges

POWR:Indonesia

Address

World Trade Centre 1, 17th Floor, Jalan Jend. Sudirman Kav. 29-31, Jakarta, IDN, 12920

Website

https://www.listrindo.com

PT Cikarang Listrindo Tbk is a power-producing company, which is involved in electricity generation and distribution. The firm owns and operates in three locations Jababeka Industrial Estate, Megalopolis Manunggal, and Babelan. Its primary customers are export-oriented industries and small to medium manufacturing companies.

PT Cikarang Listrindo Tbk (FRA:B2O) Headlines

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