PT Intra Golflink Resorts Tbk (ISX:GOLF) ROCE % : 1.75% (As of Dec. 2023)

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What is PT Intra Golflink Resorts 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 Intra Golflink Resorts Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.75%.

PT Intra Golflink Resorts Tbk ROCE % Historical Data

The historical data trend for PT Intra Golflink Resorts 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.
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PT Intra Golflink Resorts Tbk ROCE % Chart

PT Intra Golflink Resorts Tbk Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.03

8.82

1.75

PT Intra Golflink Resorts Tbk Semi-Annual Data
	Dec21	Dec22	Dec23
ROCE %	-0.03	8.82	1.75

PT Intra Golflink Resorts Tbk ROCE % Calculation

PT Intra Golflink Resorts 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 )
	=	69965.748	/	( ( (625541.658 - 234947.071)	+	(7764540.357 - 153281.866) )	/ 2 )
	=	69965.748	/	( (390594.587	+	7611258.491)	/ 2 )
	=	69965.748	/	4000926.539
	=	1.75 %

PT Intra Golflink Resorts Tbk's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	69965.748	/	( ( (625541.658 - 234947.071)	+	(7764540.357 - 153281.866) )	/ 2 )
	=	69965.748	/	( ( 390594.587	+	7611258.491 )	/ 2 )
	=	69965.748	/	4000926.539
	=	1.75 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

PT Intra Golflink Resorts Tbk (ISX:GOLF) 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 Intra Golflink Resorts Tbk ROCE % Related Terms

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