PT Amman Mineral Internasional Tbk (ISX:AMMN) ROCE % : 11.03% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is PT Amman Mineral Internasional 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 Amman Mineral Internasional Tbk's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.03%.

PT Amman Mineral Internasional Tbk ROCE % Historical Data

The historical data trend for PT Amman Mineral Internasional 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 Amman Mineral Internasional Tbk ROCE % Chart

PT Amman Mineral Internasional Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

6.40

12.30

30.47

11.03

PT Amman Mineral Internasional Tbk Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
ROCE %	6.40	12.30	30.47	11.03

PT Amman Mineral Internasional Tbk ROCE % Calculation

PT Amman Mineral Internasional 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 )
	=	12240591.234	/	( ( (102235203.803 - 8586065.155)	+	(140240104.089 - 11933828.392) )	/ 2 )
	=	12240591.234	/	( (93649138.648	+	128306275.697)	/ 2 )
	=	12240591.234	/	110977707.1725
	=	11.03 %

PT Amman Mineral Internasional 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 )
	=	12240591.234	/	( ( (102235203.803 - 8586065.155)	+	(140240104.089 - 11933828.392) )	/ 2 )
	=	12240591.234	/	( ( 93649138.648	+	128306275.697 )	/ 2 )
	=	12240591.234	/	110977707.1725
	=	11.03 %

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

PT Amman Mineral Internasional Tbk (ISX:AMMN) 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 Amman Mineral Internasional Tbk ROCE % Related Terms

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

PT Amman Mineral Internasional Tbk (ISX:AMMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Amman Mineral Internasional Tbk (ISX:AMMN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

U4Z:Germany

Address

Jalan H.R. Rasuna Said Blok X-5 Kav. 1-2, Menara Karya 6th Floor Unit A, B, C dan H, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.amman.co.id

PT Amman Mineral Internasional Tbk is a copper-and-gold mining company in Indonesia, operating the Batu Hijau mine on the island of Sumbawa.

PT Amman Mineral Internasional Tbk (ISX:AMMN) Headlines

No Headlines