Indo Mines (ASX:IDO) ROCE %: 0.00% (As of Dec. 2017)


What is Indo Mines ROCE %?

Indo Mines ASX:IDO ROCE % is 0.00% as of Dec. 2017. The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Indo Mines's annualized ROCE % for the quarter that ended in Dec. 2017 was 0.00%.

Indo Mines  (ASX:IDO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Indo Mines ROCE % Related Terms

Indo Mines ROCE % Historical Data

* Premium members only.

The historical data trend for Indo Mines's ROCE % 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.

Indo Mines ROCE % Chart

Indo Mines Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.64 -113.50 -9.60 -25.91 -87.67

Indo Mines Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
ROCE % 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 -45.70 -27.16 -750.00 0.00 0.00

Indo Mines ROCE % Calculation

Indo Mines's annualized ROCE % for the fiscal year that ended in Jun. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=-7.308/( ( (18.984 - 3.944) + (11.663 - 10.031) )/ 2 )
=-7.308/( (15.04+1.632)/ 2 )
=-7.308/8.336
=-87.67 %

Indo Mines's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=-10.86/( ( (11.663 - 10.031) + (7.041 - 11.332) )/ 2 )
=-10.86/( ( 1.632 + -4.291 )/ 2 )
=-10.86/-1.3295
=0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2017) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Indo Mines (ASX:IDO) has a ROCE % of 0.00% as of Dec. 2017.
Is Indo Mines' ROCE % too high?
Indo Mines' current ROCE % is 0.00%.
How does Indo Mines' ROCE % compare to ORRP?
Indo Mines' ROCE % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Indo Mines's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Mines stock overvalued right now?
Indo Mines (ASX:IDO) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Indo Mines (ASX:IDO), the current ROCE % is 0.00% as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indo Mines Business Description

Indo Mines Ltd is a mineral exploration and development company with iron sands projects in Indonesia.