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PT Indal Aluminium Industry Tbk (ISX:INAI) ROA % : -9.01% (As of Sep. 2024)


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What is PT Indal Aluminium Industry Tbk ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT Indal Aluminium Industry Tbk's annualized Net Income for the quarter that ended in Sep. 2024 was Rp-132,162 Mil. PT Indal Aluminium Industry Tbk's average Total Assets over the quarter that ended in Sep. 2024 was Rp1,467,020 Mil. Therefore, PT Indal Aluminium Industry Tbk's annualized ROA % for the quarter that ended in Sep. 2024 was -9.01%.

The historical rank and industry rank for PT Indal Aluminium Industry Tbk's ROA % or its related term are showing as below:

ISX:INAI' s ROA % Range Over the Past 10 Years
Min: -7.34   Med: 2.57   Max: 3.1
Current: -5.96

During the past 11 years, PT Indal Aluminium Industry Tbk's highest ROA % was 3.10%. The lowest was -7.34%. And the median was 2.57%.

ISX:INAI's ROA % is ranked better than
67.02% of 2662 companies
in the Metals & Mining industry
Industry Median: -17.115 vs ISX:INAI: -5.96

PT Indal Aluminium Industry Tbk ROA % Historical Data

The historical data trend for PT Indal Aluminium Industry Tbk's ROA % 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 Indal Aluminium Industry Tbk ROA % Chart

PT Indal Aluminium Industry Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 0.31 0.29 -7.34 -3.82

PT Indal Aluminium Industry Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROA % 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 -3.00 -3.33 -4.24 -7.22 -9.01

Competitive Comparison of PT Indal Aluminium Industry Tbk's ROA %

For the Aluminum subindustry, PT Indal Aluminium Industry Tbk's ROA %, along with its competitors' market caps and ROA % 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 Indal Aluminium Industry Tbk's ROA % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Indal Aluminium Industry Tbk's ROA % distribution charts can be found below:

* The bar in red indicates where PT Indal Aluminium Industry Tbk's ROA % falls into.



PT Indal Aluminium Industry Tbk ROA % Calculation

PT Indal Aluminium Industry Tbk's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-57836.593/( (1554795.974+1476872.833)/ 2 )
=-57836.593/1515834.4035
=-3.82 %

PT Indal Aluminium Industry Tbk's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-132161.828/( (1488517.342+1445522.076)/ 2 )
=-132161.828/1467019.709
=-9.01 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.


PT Indal Aluminium Industry Tbk  (ISX:INAI) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-132161.828/1467019.709
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-132161.828 / 1058467.336)*(1058467.336 / 1467019.709)
=Net Margin %*Asset Turnover
=-12.49 %*0.7215
=-9.01 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


PT Indal Aluminium Industry Tbk ROA % Related Terms

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PT Indal Aluminium Industry Tbk Business Description

Traded in Other Exchanges
N/A
Address
Kompleks Maspion Unit-1, Sawotratap, Sidoarjo, IDN, 61254
PT Indal Aluminium Industry Tbk engaged in industry, trade, and services for several business activities, including managing aluminum ingot or billet raw materials into aluminum extrusion profiles which are used for ready-to-install building materials for the construction industry, home industry, electronic/automotive components, medical device components, aluminum solar panel frames and others. The company's segments include the Manufacturing of aluminum, Construction Services, Software services, and General trading & investments. The majority of the revenue is generated from the Manufacturing of the Aluminium segment. The company exports its products to Japan, Hong Kong, Thailand, Singapore, Australia, the United States, and other countries.

PT Indal Aluminium Industry Tbk Headlines

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