PT Prima Andalan Mandiri Tbk (ISX:MCOL) ROCE % : 26.91% (As of Mar. 2024)

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What is PT Prima Andalan Mandiri 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 Prima Andalan Mandiri Tbk's annualized ROCE % for the quarter that ended in Mar. 2024 was 26.91%.

PT Prima Andalan Mandiri Tbk ROCE % Historical Data

The historical data trend for PT Prima Andalan Mandiri 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 Prima Andalan Mandiri Tbk ROCE % Chart

PT Prima Andalan Mandiri Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.60

25.71

103.09

89.63

47.28

PT Prima Andalan Mandiri Tbk Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													56.14	51.21	33.53	42.57	26.91

PT Prima Andalan Mandiri Tbk ROCE % Calculation

PT Prima Andalan Mandiri 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 )
	=	4655213.612	/	( ( (11556426.354 - 1744050.138)	+	(11483003.097 - 1605298.168) )	/ 2 )
	=	4655213.612	/	( (9812376.216	+	9877704.929)	/ 2 )
	=	4655213.612	/	9845040.5725
	=	47.28 %

PT Prima Andalan Mandiri 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 )
	=	2728569.072	/	( ( (11483003.097 - 1605298.168)	+	(12081174.452 - 1683164.348) )	/ 2 )
	=	2728569.072	/	( ( 9877704.929	+	10398010.104 )	/ 2 )
	=	2728569.072	/	10137857.5165
	=	26.91 %

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

PT Prima Andalan Mandiri Tbk (ISX:MCOL) 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 Prima Andalan Mandiri Tbk ROCE % Related Terms

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PT Prima Andalan Mandiri Tbk (ISX:MCOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Prima Andalan Mandiri Tbk (ISX:MCOL) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav, 52-53, Gedung Office 8, 28th Floor, SCBD Lot. 28, Kebayoran Baru, Jakarta, IDN, 12190

Website

https://www.mandiricoal.co.id

PT Prima Andalan Mandiri Tbk is a coal mining company. It is mainly engaged in coal mining and trading, mining contractor services, as well as sea transportation, and coal loading and unloading. The company's segment includes Coal mining; Mining Contractors and Shipping. It generates maximum revenue from the Coal mining segment.

PT Prima Andalan Mandiri Tbk (ISX:MCOL) Headlines

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