PT Darma Henwa Tbk (ISX:DEWA) ROCE %

: 5.05% (As of Dec. 2023)

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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 Darma Henwa Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.05%.

PT Darma Henwa Tbk ROCE % Historical Data

The historical data trend for PT Darma Henwa 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 Darma Henwa Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

3.20

2.74

5.36

-1.35

4.08

PT Darma Henwa Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																-5.17	5.12	3.83	3.14	5.05

PT Darma Henwa Tbk ROCE % Calculation

PT Darma Henwa 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 )
	=	181169.977	/	( ( (8525338.932 - 3590121.82)	+	(8137619.055 - 4192286.412) )	/ 2 )
	=	181169.977	/	( (4935217.112	+	3945332.643)	/ 2 )
	=	181169.977	/	4440274.8775
	=	4.08 %

PT Darma Henwa 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 )
	=	201175.464	/	( ( (8136800.195 - 4110972.565)	+	(8137619.055 - 4192286.412) )	/ 2 )
	=	201175.464	/	( ( 4025827.63	+	3945332.643 )	/ 2 )
	=	201175.464	/	3985580.1365
	=	5.05 %

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

PT Darma Henwa Tbk (ISX:DEWA) 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 Darma Henwa Tbk ROCE % Related Terms

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PT Darma Henwa Tbk (ISX:DEWA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Darma Henwa Tbk (ISX:DEWA) » Definitions » ROCE %

Traded in Other Exchanges

0DH:Germany

Address

Jalan. H.R. Rasuna Said, Bakrie Tower, 8th floor, Rasuna Epicentrum, Kuningan, Jakarta, IDN, 12940

Website

https://www.ptdh.co.id

PT Darma Henwa Tbk is an Indonesia-based company. Its business activities are focused on mining contractor services, general mining services, and equipment maintenance. It mainly operates its business across various mining projects across Indonesia. The majority of its revenue comes from coal production with the remaining through operational activities like land clearing, topsoiling, overburden removal, and equipment rental. The firm operates its business into two business segments, Mining services and other services Out of which the Mining services segment derives the majority of revenue.

PT Darma Henwa Tbk (ISX:DEWA) Headlines

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