PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) ROCE % : 4.33% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is PT Atlantis Subsea Indonesia Tbk 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. PT Atlantis Subsea Indonesia Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.33%.

PT Atlantis Subsea Indonesia Tbk ROCE % Historical Data

The historical data trend for PT Atlantis Subsea Indonesia Tbk'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.

* Premium members only.

PT Atlantis Subsea Indonesia Tbk ROCE % Chart

PT Atlantis Subsea Indonesia Tbk Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

40.34

72.79

26.63

PT Atlantis Subsea Indonesia Tbk Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Jun23	Sep23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial			49.60	-	12.34	-	4.33

PT Atlantis Subsea Indonesia Tbk ROCE % Calculation

PT Atlantis Subsea Indonesia Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	8873.045	/	( ( (39767.729 - 8895.822)	+	(48618.028 - 12841.453) )	/ 2 )
	=	8873.045	/	( (30871.907	+	35776.575)	/ 2 )
	=	8873.045	/	33324.241
	=	26.63 %

PT Atlantis Subsea Indonesia Tbk's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	7257.136	/	( ( (177793.446 - 11222.081)	+	(180143.64 - 11864.267) )	/ 2 )
	=	7257.136	/	( ( 166571.365	+	168279.373 )	/ 2 )
	=	7257.136	/	167425.369
	=	4.33 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) 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.

PT Atlantis Subsea Indonesia Tbk ROCE % Related Terms

Thank you for viewing the detailed overview of PT Atlantis Subsea Indonesia Tbk's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Atlantis Subsea Indonesia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Tebet Barat Dalam Raya No. 6, South Jakarta, IDN, 12810

Website

https://www.atlantissubsea.com

PT Atlantis Subsea Indonesia Tbk provides specialist multi-disciplinary survey support and solutions for the Oil and Gas, Energy & Renewable Energy, and Marine Infrastructure sectors. It provides safe, high-quality, and integrated services and technology engaged in surveys and services for energy companies.

PT Atlantis Subsea Indonesia Tbk Headlines

No Headlines