GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Alamtri Resources Indonesia Tbk (OTCPK:PADEF) » Definitions » Return-on-Tangible-Equity

PADEF (PT Alamtri Resources Indonesia Tbk) Return-on-Tangible-Equity : 24.72% (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is PT Alamtri Resources Indonesia Tbk Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PT Alamtri Resources Indonesia Tbk's annualized net income for the quarter that ended in Sep. 2024 was $1,617 Mil. PT Alamtri Resources Indonesia Tbk's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $6,541 Mil. Therefore, PT Alamtri Resources Indonesia Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was 24.72%.

The historical rank and industry rank for PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity or its related term are showing as below:

PADEF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.03   Med: 15.46   Max: 60.18
Current: 25.51

During the past 13 years, PT Alamtri Resources Indonesia Tbk's highest Return-on-Tangible-Equity was 60.18%. The lowest was 5.03%. And the median was 15.46%.

PADEF's Return-on-Tangible-Equity is ranked better than
81.18% of 170 companies
in the Other Energy Sources industry
Industry Median: 7.865 vs PADEF: 25.51

PT Alamtri Resources Indonesia Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity 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 Alamtri Resources Indonesia Tbk Return-on-Tangible-Equity Chart

PT Alamtri Resources Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.91 5.00 29.71 58.00 29.23

PT Alamtri Resources Indonesia Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.72 28.19 24.27 25.52 24.72

Competitive Comparison of PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity

For the Thermal Coal subindustry, PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity falls into.



PT Alamtri Resources Indonesia Tbk Return-on-Tangible-Equity Calculation

PT Alamtri Resources Indonesia Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=1641.437/( (5242.378+5990.631 )/ 2 )
=1641.437/5616.5045
=29.23 %

PT Alamtri Resources Indonesia Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=1616.62/( (6331.742+6749.329)/ 2 )
=1616.62/6540.5355
=24.72 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Alamtri Resources Indonesia Tbk  (OTCPK:PADEF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


PT Alamtri Resources Indonesia Tbk Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PT Alamtri Resources Indonesia Tbk's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Alamtri Resources Indonesia Tbk Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said, Block X-5, Menara Karya 18th Floor, Kav. 1-2, Jakarta, IDN, 12950
PT Alamtri Resources Indonesia Tbk, formerly PT Adaro Energy Indonesia Tbk is an integrated mining, energy, and minerals company. The company produces thermal coal, which is marketed under the brand name Envirocoal, and is also engaged in the production of hard coking coal. The company's main customers are blue-chip power utilities companies. In addition to the core mining business, the company also engages in barging, ship-loading, dredging, port services, marketing, power generation, and other businesses through its subsidiaries. The company's operating segments are; coal mining and trading which generates key revenue, mining services, logistics, and others.

PT Alamtri Resources Indonesia Tbk Headlines

From GuruFocus

PT Adaro Energy Indonesia Tbk's Dividend Analysis

By GuruFocus Research 06-10-2024