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PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Return-on-Tangible-Equity : -51.48% (As of Dec. 2023)


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What is PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk's annualized net income for the quarter that ended in Dec. 2023 was $-275 Mil. PT Krakatau Steel (Persero) Tbk's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $535 Mil. Therefore, PT Krakatau Steel (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -51.48%.

The historical rank and industry rank for PT Krakatau Steel (Persero) Tbk's Return-on-Tangible-Equity or its related term are showing as below:

PKRKY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -78.77   Med: -12.56   Max: 7.43
Current: -22.93

During the past 13 years, PT Krakatau Steel (Persero) Tbk's highest Return-on-Tangible-Equity was 7.43%. The lowest was -78.77%. And the median was -12.56%.

PKRKY's Return-on-Tangible-Equity is ranked worse than
92.6% of 608 companies
in the Steel industry
Industry Median: 6.105 vs PKRKY: -22.93

PT Krakatau Steel (Persero) Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk Return-on-Tangible-Equity Chart

PT Krakatau Steel (Persero) 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 -81.03 4.92 7.39 3.19 -23.30

PT Krakatau Steel (Persero) Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -40.80 -12.34 -12.67 -17.41 -51.48

Competitive Comparison of PT Krakatau Steel (Persero) Tbk's Return-on-Tangible-Equity

For the Steel subindustry, PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk's Return-on-Tangible-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, PT Krakatau Steel (Persero) Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Krakatau Steel (Persero) Tbk's Return-on-Tangible-Equity falls into.



PT Krakatau Steel (Persero) Tbk Return-on-Tangible-Equity Calculation

PT Krakatau Steel (Persero) 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 )
=-130.21/( (591.554+526.321 )/ 2 )
=-130.21/558.9375
=-23.30 %

PT Krakatau Steel (Persero) Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-275.204/( (542.754+526.321)/ 2 )
=-275.204/534.5375
=-51.48 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Krakatau Steel (Persero) Tbk  (OTCPK:PKRKY) 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 Krakatau Steel (Persero) Tbk Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PT Krakatau Steel (Persero) Tbk's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Industri No. 5, P.O. Box 14, Banten, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Headlines

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