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PT KING TIre Indonesia TBK (ISX:TYRE) ROA % : 0.00% (As of . 20)


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What is PT KING TIre Indonesia TBK ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PT KING TIre Indonesia TBK's annualized Net Income for the quarter that ended in . 20 was Rp Mil. PT KING TIre Indonesia TBK's average Total Assets over the quarter that ended in . 20 was Rp 0 Mil. Therefore, PT KING TIre Indonesia TBK's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for PT KING TIre Indonesia TBK's ROA % or its related term are showing as below:

ISX:TYRE's ROA % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.98
* Ranked among companies with meaningful ROA % only.

PT KING TIre Indonesia TBK ROA % Historical Data

The historical data trend for PT KING TIre Indonesia 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 KING TIre Indonesia TBK ROA % Chart

PT KING TIre Indonesia TBK Annual Data
Trend
ROA %

PT KING TIre Indonesia TBK Semi-Annual Data
ROA %

Competitive Comparison of PT KING TIre Indonesia TBK's ROA %

For the Auto Parts subindustry, PT KING TIre Indonesia 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 KING TIre Indonesia TBK's ROA % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT KING TIre Indonesia TBK's ROA % distribution charts can be found below:

* The bar in red indicates where PT KING TIre Indonesia TBK's ROA % falls into.



PT KING TIre Indonesia TBK ROA % Calculation

PT KING TIre Indonesia TBK's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

PT KING TIre Indonesia TBK's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. ROA % is displayed in the 30-year financial page.


PT KING TIre Indonesia TBK  (ISX:TYRE) 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:

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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 KING TIre Indonesia TBK ROA % Related Terms

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PT KING TIre Indonesia TBK Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Serang KM. 68, Desa Nambo Ilir, Kecamatan Kibin, Kabupaten Serang, Serang, IDN, 42185
PT KING TIre Indonesia TBK is an inner tube and outer tire manufacturer under the brand Kingland. The company's segment includes outer tire manufacturer and inner tire manufacturer. It generates maximum revenue from the Outer Tire segment.

PT KING TIre Indonesia TBK Headlines

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