PT Mitrabara Adiperdana Tbk (ISX:MBAP) ROCE % : -8.10% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is PT Mitrabara Adiperdana 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 Mitrabara Adiperdana Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was -8.10%.

PT Mitrabara Adiperdana Tbk ROCE % Historical Data

The historical data trend for PT Mitrabara Adiperdana 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 Mitrabara Adiperdana Tbk ROCE % Chart

PT Mitrabara Adiperdana Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

33.34

25.55

73.68

104.12

13.96

PT Mitrabara Adiperdana 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															36.06	20.93	29.53	6.64	-8.10

PT Mitrabara Adiperdana Tbk ROCE % Calculation

PT Mitrabara Adiperdana 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 )
	=	475275.06	/	( ( (4822310.351 - 770300.478)	+	(3537985.777 - 778461.391) )	/ 2 )
	=	475275.06	/	( (4052009.873	+	2759524.386)	/ 2 )
	=	475275.06	/	3405767.1295
	=	13.96 %

PT Mitrabara Adiperdana 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 )
	=	-238701.232	/	( ( (3610291.252 - 477595.209)	+	(3537985.777 - 778461.391) )	/ 2 )
	=	-238701.232	/	( ( 3132696.043	+	2759524.386 )	/ 2 )
	=	-238701.232	/	2946110.2145
	=	-8.10 %

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

PT Mitrabara Adiperdana Tbk (ISX:MBAP) 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 Mitrabara Adiperdana Tbk ROCE % Related Terms

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

PT Mitrabara Adiperdana Tbk (ISX:MBAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Mitrabara Adiperdana Tbk (ISX:MBAP) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Grha Baramulti, Jl. Suryopranoto 2, Komplek Harmoni Plaza, Block A No. 8, Suryopranoto No. 2, Central Jakarta, IDN, 10130

Website

https://www.mitrabaraadiperdana.co.id

PT Mitrabara Adiperdana Tbk is an Indonesian mining company. The principal activities of the company are Coal mining and Trading.

PT Mitrabara Adiperdana Tbk (ISX:MBAP) Headlines

No Headlines