PT Krakatau Steel (Persero) Tbk (ISX:KRAS) ROCE % : -60.76% (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was -60.76%.

PT Krakatau Steel (Persero) Tbk ROCE % Historical Data

The historical data trend for PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk ROCE % Chart

PT Krakatau Steel (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-28.86

8.41

7.80

26.40

2.88

PT Krakatau Steel (Persero) Tbk Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															8.26	-10.80	2.43	-0.03	-60.76

PT Krakatau Steel (Persero) Tbk ROCE % Calculation

PT Krakatau Steel (Persero) 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 )
	=	325556.066	/	( ( (49381396.293 - 37469933.324)	+	(44205821.935 - 33542437.256) )	/ 2 )
	=	325556.066	/	( (11911462.969	+	10663384.679)	/ 2 )
	=	325556.066	/	11287423.824
	=	2.88 %

PT Krakatau Steel (Persero) 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 )
	=	-5810740.308	/	( ( (44328616.486 - 33899659.786)	+	(42262965.032 - 33565575.531) )	/ 2 )
	=	-5810740.308	/	( ( 10428956.7	+	8697389.501 )	/ 2 )
	=	-5810740.308	/	9563173.1005
	=	-60.76 %

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

PT Krakatau Steel (Persero) Tbk (ISX:KRAS) 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 Krakatau Steel (Persero) Tbk ROCE % Related Terms

Thank you for viewing the detailed overview of PT Krakatau Steel (Persero) Tbk's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Krakatau Steel (Persero) Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PT Krakatau Steel (Persero) Tbk (ISX:KRAS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

07K:Germany

Address

Jl. Asia Raya, Technology Buliding, Plant Site Krakatau Steel, Cilegon, IDN, 42435

Website

https://www.krakatausteel.com

PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of its revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk Headlines

No Headlines