Indo Malay (COL:INDO.N0000) ROCE % : 0.03% (As of Sep. 2023)

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What is Indo Malay ROCE %?

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 Malay's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.03%.

Indo Malay ROCE % Historical Data

The historical data trend for Indo Malay'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.

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Indo Malay ROCE % Chart

Indo Malay Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-0.01

-0.02

0.02

0.25

0.03

Indo Malay Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															0.04	0.05	0.04	-0.02	0.03

Indo Malay ROCE % Calculation

Indo Malay's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	3.716	/	( ( (10666.829 - 58.032)	+	(12723.798 - 56.835) )	/ 2 )
	=	3.716	/	( (10608.797	+	12666.963)	/ 2 )
	=	3.716	/	11637.88
	=	0.03 %

Indo Malay's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	3.184	/	( ( (12719.595 - 57.359)	+	(12719.859 - 56.826) )	/ 2 )
	=	3.184	/	( ( 12662.236	+	12663.033 )	/ 2 )
	=	3.184	/	12662.6345
	=	0.03 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Indo Malay (COL:INDO.N0000) 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 Malay ROCE % Related Terms

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Indo Malay (COL:INDO.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Indo Malay PLC (COL:INDO.N0000) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 61, Janadhipathi Mawatha, Colombo, LKA, 01

Website

https://www.goodhopeholdings.com

Indo Malay PLC is a Sri Lanka-based company engaged in managing and holding an investment portfolio. Through its subsidiary, it is into the Oil Palm Plantation business.

Indo Malay (COL:INDO.N0000) Headlines

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