PT Radiant Utama Interinsco Tbk (ISX:RUIS) ROCE % : 12.59% (As of Mar. 2024)

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What is PT Radiant Utama Interinsco 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 Radiant Utama Interinsco Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.59%.

PT Radiant Utama Interinsco Tbk ROCE % Historical Data

The historical data trend for PT Radiant Utama Interinsco 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 Radiant Utama Interinsco Tbk ROCE % Chart

PT Radiant Utama Interinsco Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.09

15.17

12.35

13.41

12.10

PT Radiant Utama Interinsco 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															12.16	11.73	12.77	12.06	12.59

PT Radiant Utama Interinsco Tbk ROCE % Calculation

PT Radiant Utama Interinsco 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 )
	=	86273.351	/	( ( (1267549.3 - 565502.281)	+	(1341729.318 - 617852.303) )	/ 2 )
	=	86273.351	/	( (702047.019	+	723877.015)	/ 2 )
	=	86273.351	/	712962.017
	=	12.10 %

PT Radiant Utama Interinsco 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 )
	=	91400.92	/	( ( (1341729.318 - 617852.303)	+	(1450931.306 - 723293.839) )	/ 2 )
	=	91400.92	/	( ( 723877.015	+	727637.467 )	/ 2 )
	=	91400.92	/	725757.241
	=	12.59 %

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

PT Radiant Utama Interinsco Tbk (ISX:RUIS) 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 Radiant Utama Interinsco Tbk ROCE % Related Terms

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PT Radiant Utama Interinsco Tbk (ISX:RUIS) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Radiant Utama Interinsco Tbk (ISX:RUIS) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Jalan Kapten Tendean No. 24, Radiant Group Building, Mampang Prapatan, Jakarta, IDN, 12720

Website

https://www.radiant.co.id

PT Radiant Utama Interinsco Tbk is engaged in providing services to energy and resource-based businesses. It operates in four business segments namely Operating support services; Inspection services; Offshore services; and others. It derives the majority of the revenue from Operating support services that cover human resources services, training, repairs and maintenance, car rental, and integrated base management for oil and gas.

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