PT M Cash Integrasi Tbk (ISX:MCAS) ROCE %

: -2.06% (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 M Cash Integrasi Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.06%.

PT M Cash Integrasi Tbk ROCE % Historical Data

The historical data trend for PT M Cash Integrasi 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 M Cash Integrasi Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

14.00

7.16

11.78

4.06

2.20

PT M Cash Integrasi Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																1.29	4.66	2.03	4.08	-2.06

PT M Cash Integrasi Tbk ROCE % Calculation

PT M Cash Integrasi 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 )
	=	29228.757	/	( ( (1911368.46 - 583495.864)	+	(1989974.666 - 661462.749) )	/ 2 )
	=	29228.757	/	( (1327872.596	+	1328511.917)	/ 2 )
	=	29228.757	/	1328192.2565
	=	2.20 %

PT M Cash Integrasi 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 )
	=	-27033.6	/	( ( (1932698.351 - 635702.785)	+	(1989974.666 - 661462.749) )	/ 2 )
	=	-27033.6	/	( ( 1296995.566	+	1328511.917 )	/ 2 )
	=	-27033.6	/	1312753.7415
	=	-2.06 %

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

PT M Cash Integrasi Tbk (ISX:MCAS) 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 M Cash Integrasi Tbk ROCE % Related Terms

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PT M Cash Integrasi Tbk (ISX:MCAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PT M Cash Integrasi Tbk (ISX:MCAS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Gatot Subroto Kav. 1-3, RT 001, RW 004, Mangkuluhur City, 7th Floor, Kelurahan Karet Semanggi, Kecamatan Setiabudi, Kota Administrasi, Jakarta Selatan, Jakarta, IDN, 12930

Website

https://www.mcash.id

PT M Cash Integrasi Tbk is an Indonesia-based digital distribution company. The company's operating segment include Digital Products and Services; Digital product aggregator; Digital cloud advertising; Software as a Service; Clean Energy Products and Services; Digital Wholesale and Content & Entertainment. It generates maximum revenue from the Digital product aggregator segment.

PT M Cash Integrasi Tbk (ISX:MCAS) Headlines

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