PT Buana Lintas Lautan Tbk (ISX:BULL) ROCE % : 22.29% (As of Mar. 2024)

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What is PT Buana Lintas Lautan 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 Buana Lintas Lautan Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.29%.

PT Buana Lintas Lautan Tbk ROCE % Historical Data

The historical data trend for PT Buana Lintas Lautan 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.

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PT Buana Lintas Lautan Tbk ROCE % Chart

PT Buana Lintas Lautan Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.08

13.71

-35.59

-1.53

19.23

PT Buana Lintas Lautan Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															21.26	22.20	18.18	15.05	22.29

PT Buana Lintas Lautan Tbk ROCE % Calculation

PT Buana Lintas Lautan Tbk's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	771740.019	/	( ( (5939636.96 - 1823633.329)	+	(5771809.39 - 1862113.193) )	/ 2 )
	=	771740.019	/	( (4116003.631	+	3909696.197)	/ 2 )
	=	771740.019	/	4012849.914
	=	19.23 %

PT Buana Lintas Lautan Tbk's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	918669.848	/	( ( (5771809.39 - 1862113.193)	+	(5870533.409 - 1536450.344) )	/ 2 )
	=	918669.848	/	( ( 3909696.197	+	4334083.065 )	/ 2 )
	=	918669.848	/	4121889.631
	=	22.29 %

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

PT Buana Lintas Lautan Tbk (ISX:BULL) 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 Buana Lintas Lautan Tbk ROCE % Related Terms

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PT Buana Lintas Lautan Tbk (ISX:BULL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Buana Lintas Lautan Tbk (ISX:BULL) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

Jalan Mega Kuningan Timur, Block C-6 Kav. 12A, South Jakarta, Mega Kuningan, Jakarta, IDN, 12950

Website

https://www.bull.co.id

PT Buana Lintas Lautan Tbk is a shipping company. The company is engaged in providing services such as Chartering and vessel operations, Shipping agency services, Ship management services, and Crew management services. The group's reportable segments are engaged based on the type of vessels chartered in Gas, Oil, FPSO and FSO, Chemical, and Others. Key revenue is generated from the Gas and Oil, FPSO, and FSO segment. The gas tankers segment of the company provides maritime transportation of liquified gas, which includes LPG, propylene, propane, and LNG. Oil and FPSO tankers provide maritime transportation of lubricating oil, crude oil, and petroleum products, floating tanker facility for production, storage, and off-loading of oil.

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