PT Soechi Lines Tbk (ISX:SOCI) ROCE % : 4.44% (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is PT Soechi Lines 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 Soechi Lines Tbk's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.44%.

PT Soechi Lines Tbk ROCE % Historical Data

The historical data trend for PT Soechi Lines 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 Soechi Lines Tbk ROCE % Chart

PT Soechi Lines Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.24

8.62

3.89

4.39

4.56

PT Soechi Lines 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															3.05	3.28	5.31	7.21	4.44

PT Soechi Lines Tbk ROCE % Calculation

PT Soechi Lines 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 )
	=	398012.189	/	( ( (9899283.272 - 895301.448)	+	(9375915.399 - 935723.506) )	/ 2 )
	=	398012.189	/	( (9003981.824	+	8440191.893)	/ 2 )
	=	398012.189	/	8722086.8585
	=	4.56 %

PT Soechi Lines 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 )
	=	377733.72	/	( ( (9687473.472 - 991762.386)	+	(9381302.979 - 1053268.802) )	/ 2 )
	=	377733.72	/	( ( 8695711.086	+	8328034.177 )	/ 2 )
	=	377733.72	/	8511872.6315
	=	4.44 %

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

PT Soechi Lines Tbk (ISX:SOCI) 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 Soechi Lines Tbk ROCE % Related Terms

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

PT Soechi Lines Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Soechi Lines Tbk (ISX:SOCI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jend Sudirman Kav. 86, Sahid Sudirman Center 51st Floor, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.soechi.com

PT Soechi Lines Tbk is an Indonesian shipping services provider. The company, through its subsidiaries, provides marine transportation services to supply chain lines of oil and gas companies. It is also engaged in other management consulting services, business and brokers consulting services. Its services flow through two segments, the Shipping business segment in which the Company charters out its various types of tanker vessels of various sizes to oil and gas companies and chemical companies operating in Indonesia, and the Shipyard business segment in which the Company provides shipbuilding services as well as ship dry docking and repair and maintenance services to various ship owners mainly in Indonesia.

PT Soechi Lines Tbk Headlines

No Headlines