PT Bumi Resources Tbk (ISX:BUMI) ROCE % : 4.23% (As of Mar. 2024)

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What is PT Bumi Resources 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 Bumi Resources Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.23%.

PT Bumi Resources Tbk ROCE % Historical Data

The historical data trend for PT Bumi Resources 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 Bumi Resources Tbk ROCE % Chart

PT Bumi Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.76

-4.32

29.22

35.76

3.00

PT Bumi Resources Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															10.56	3.57	-3.68	1.13	4.23

PT Bumi Resources Tbk ROCE % Calculation

PT Bumi Resources 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 )
	=	1617045.155	/	( ( (70601522.447 - 14515980.349)	+	(64788700.694 - 13075351.831) )	/ 2 )
	=	1617045.155	/	( (56085542.098	+	51713348.863)	/ 2 )
	=	1617045.155	/	53899445.4805
	=	3.00 %

PT Bumi Resources 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 )
	=	2211270.016	/	( ( (64788700.694 - 13075351.831)	+	(65293327.804 - 12459929.981) )	/ 2 )
	=	2211270.016	/	( ( 51713348.863	+	52833397.823 )	/ 2 )
	=	2211270.016	/	52273373.343
	=	4.23 %

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

PT Bumi Resources Tbk (ISX:BUMI) 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 Bumi Resources Tbk ROCE % Related Terms

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PT Bumi Resources Tbk (ISX:BUMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bumi Resources Tbk (ISX:BUMI) » Definitions » ROCE %

Traded in Other Exchanges

PBMRF:USA PJM:Germany

Address

Jalan H.R. Rasuna Said, 12th Floor, Bakrie Tower Building, Komplek Rasuna Epicentrum, Jakarta Selatan, Jakarta, IDN, 12940

Website

http://www.bumiresources.com

PT Bumi Resources Tbk is an Indonesia-based holding company engaged in coal mining. The company's main business segments are holding companies, coal, services, oil and gas, and gold. The Holding Company segment includes the company and other holding companies. The Coal segment is engaged in coal mining activities comprising exploration and exploitation of coal deposits. The Services segment includes activities of marketing and management services. The oil and gas segment includes activities of oil and gas exploration. The Gold segment includes activities of gold exploration. The majority of revenue is generated from the Coal segment.

PT Bumi Resources Tbk (ISX:BUMI) Headlines

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