PT Asuransi Harta Aman Pratama Tbk (ISX:AHAP) ROC % : 0.00% (As of . 20)

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What is PT Asuransi Harta Aman Pratama Tbk ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. PT Asuransi Harta Aman Pratama Tbk's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-06-06), PT Asuransi Harta Aman Pratama Tbk's WACC % is 0.00%. PT Asuransi Harta Aman Pratama Tbk's ROC % is 0.00% (calculated using TTM income statement data). PT Asuransi Harta Aman Pratama Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.

PT Asuransi Harta Aman Pratama Tbk ROC % Historical Data

The historical data trend for PT Asuransi Harta Aman Pratama Tbk's ROC % 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.
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PT Asuransi Harta Aman Pratama Tbk ROC % Chart

PT Asuransi Harta Aman Pratama Tbk Annual Data

Trend

ROC %

PT Asuransi Harta Aman Pratama Tbk Quarterly Data

ROC %

PT Asuransi Harta Aman Pratama Tbk ROC % Calculation

PT Asuransi Harta Aman Pratama Tbk's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

	ROC % (A: . 20 )
=	NOPAT	/	Average Invested Capital
=	EBIT * ( 1 - Tax Rate % )	/	( (Invested Capital (A: . 20 )	+	Invested Capital (A: . 20 ))	/ count )
=	* ( 1 - % )	/	( (	+	)	/ )
=		/
=	%

where

	Invested Capital		(A: . 20 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Balance Sheet Cash And Cash Equivalents	-	5% * Revenue )
=		-		-	(	-	5% * )
=

	Invested Capital		(A: . 20 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Balance Sheet Cash And Cash Equivalents	-	5% * Revenue )
=		-		-	(	-	5% * )
=

PT Asuransi Harta Aman Pratama Tbk's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

	ROC % (Q: . 20 )
=	NOPAT	/	Average Invested Capital
=	EBIT * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: . 20 )	+	Invested Capital (Q: . 20 ))	/ count )
=	* ( 1 - % )	/	( (	+	)	/ )
=		/
=	%

where

	Invested Capital		(Q: . 20 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Balance Sheet Cash And Cash Equivalents	-	5% * Revenue )
=		-		-	(	-	5% * )
=

	Invested Capital		(Q: . 20 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Balance Sheet Cash And Cash Equivalents	-	5% * Revenue )
=		-		-	(	-	5% * )
=

Note: The EBIT data used here is four times the quarterly (. 20) data.

PT Asuransi Harta Aman Pratama Tbk (ISX:AHAP) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, PT Asuransi Harta Aman Pratama Tbk's WACC % is 0.00%. PT Asuransi Harta Aman Pratama Tbk's ROC % is 0.00% (calculated using TTM income statement data). PT Asuransi Harta Aman Pratama Tbk earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.

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PT Asuransi Harta Aman Pratama Tbk (ISX:AHAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Asuransi Harta Aman Pratama Tbk (ISX:AHAP) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

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Address

Jl. Jend. Sudirman Kav. 1, Wisma 46 33rd Floor, Kota BNI, Jakarta, IDN, 10220

Website

https://www.asuransi-harta.co.id

PT Asuransi Harta Aman Pratama Tbk is engaged in the general insurance business in Indonesia. Its operating segments are fire insurance, motor vehicles, transportation, marine cargo, and miscellaneous. The company generates revenue in the form of premiums from insurance and reinsurance contracts.

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