GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Point Lisas Industrial Port Development Corp Ltd (TRN:PLD) » Definitions » ROC %

Point Lisas Industrial Port Development (TRN:PLD) ROC % : 0.00% (As of . 20)


View and export this data going back to 1990. Start your Free Trial

What is Point Lisas Industrial Port Development 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 %. Point Lisas Industrial Port Development's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-12-14), Point Lisas Industrial Port Development's WACC % is 0.00%. Point Lisas Industrial Port Development's ROC % is 0.00% (calculated using TTM income statement data). Point Lisas Industrial Port Development earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Point Lisas Industrial Port Development ROC % Historical Data

The historical data trend for Point Lisas Industrial Port Development'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.
* 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.

Point Lisas Industrial Port Development ROC % Chart

Point Lisas Industrial Port Development Annual Data
Trend
ROC %

Point Lisas Industrial Port Development Semi-Annual Data
ROC %

Point Lisas Industrial Port Development ROC % Calculation

Point Lisas Industrial Port Development's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 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 - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Point Lisas Industrial Port Development's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 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 - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) 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.

Point Lisas Industrial Port Development  (TRN:PLD) 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, Point Lisas Industrial Port Development's WACC % is 0.00%. Point Lisas Industrial Port Development's ROC % is 0.00% (calculated using TTM income statement data). Point Lisas Industrial Port Development 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.

Point Lisas Industrial Port Development ROC % Related Terms

Thank you for viewing the detailed overview of Point Lisas Industrial Port Development's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Point Lisas Industrial Port Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Point Lisas Industrial Port Development Corp Ltd (TRN:PLD) » Definitions » ROC %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Plipdeco House, Orinoco Drive, Point Lisas Industrial Estate, Point Lisas, Couva, TTO
Website
https://www.plipdeco.com
Point Lisas Industrial Port Development Corp Ltd is engaged in two business activities port management and operations, including cargo handling services and industrial real estate management. The company's other services include health, safety, and environment services, security services, and warehouse services.