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PT IMC Pelita Logistik Tbk (ISX:PSSI) ROA % : 9.29% (As of Sep. 2024)


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What is PT IMC Pelita Logistik Tbk ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT IMC Pelita Logistik Tbk's annualized Net Income for the quarter that ended in Sep. 2024 was Rp292,538 Mil. PT IMC Pelita Logistik Tbk's average Total Assets over the quarter that ended in Sep. 2024 was Rp3,149,626 Mil. Therefore, PT IMC Pelita Logistik Tbk's annualized ROA % for the quarter that ended in Sep. 2024 was 9.29%.

The historical rank and industry rank for PT IMC Pelita Logistik Tbk's ROA % or its related term are showing as below:

ISX:PSSI' s ROA % Range Over the Past 10 Years
Min: -14.36   Med: 12   Max: 25.79
Current: 9.92

During the past 8 years, PT IMC Pelita Logistik Tbk's highest ROA % was 25.79%. The lowest was -14.36%. And the median was 12.00%.

ISX:PSSI's ROA % is ranked better than
84.94% of 983 companies
in the Transportation industry
Industry Median: 3.87 vs ISX:PSSI: 9.92

PT IMC Pelita Logistik Tbk ROA % Historical Data

The historical data trend for PT IMC Pelita Logistik 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 IMC Pelita Logistik Tbk ROA % Chart

PT IMC Pelita Logistik Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 10.34 5.85 16.33 25.79 21.22

PT IMC Pelita Logistik 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 9.76 11.69 10.17 8.39 9.29

Competitive Comparison of PT IMC Pelita Logistik Tbk's ROA %

For the Marine Shipping subindustry, PT IMC Pelita Logistik 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 IMC Pelita Logistik Tbk's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT IMC Pelita Logistik Tbk's ROA % distribution charts can be found below:

* The bar in red indicates where PT IMC Pelita Logistik Tbk's ROA % falls into.



PT IMC Pelita Logistik Tbk ROA % Calculation

PT IMC Pelita Logistik 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 )
=632850.706/( (2800612.108+3163120.919)/ 2 )
=632850.706/2981866.5135
=21.22 %

PT IMC Pelita Logistik 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 )
=292538.008/( (3169000.059+3130251.843)/ 2 )
=292538.008/3149625.951
=9.29 %

* 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 IMC Pelita Logistik Tbk  (ISX:PSSI) 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
=292538.008/3149625.951
=(Net Income / Revenue)*(Revenue / Total Assets)
=(292538.008 / 1204218.048)*(1204218.048 / 3149625.951)
=Net Margin %*Asset Turnover
=24.29 %*0.3823
=9.29 %

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 IMC Pelita Logistik Tbk ROA % Related Terms

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PT IMC Pelita Logistik Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 5-6, Astra Tower 23rd Floor, Jakarta, IDN, 10220
PT IMC Pelita Logistik Tbk provides logistics and sea transportation solutions to coal mining companies in Indonesia. The company has three segments: Time charter of tugboats and barges, Floating loading facilities, and Motor vessels. The company generates the majority of its revenue from the Floating loading facilities segment.

PT IMC Pelita Logistik Tbk Headlines

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