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Samudera Shipping Line (SGX:S56) ROCE % : 11.93% (As of Dec. 2023)


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What is Samudera Shipping Line 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. Samudera Shipping Line's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.93%.


Samudera Shipping Line ROCE % Historical Data

The historical data trend for Samudera Shipping Line'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.

Samudera Shipping Line ROCE % Chart

Samudera Shipping Line Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 3.73 39.38 61.05 15.99

Samudera Shipping Line Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.14 72.21 49.81 20.90 11.93

Samudera Shipping Line ROCE % Calculation

Samudera Shipping Line'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 )
=154.432/( ( (1200.854 - 293.27) + (1212.459 - 187.833) )/ 2 )
=154.432/( (907.584+1024.626)/ 2 )
=154.432/966.105
=15.99 %

Samudera Shipping Line'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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=117.436/( ( (1154.263 - 210.461) + (1212.459 - 187.833) )/ 2 )
=117.436/( ( 943.802 + 1024.626 )/ 2 )
=117.436/984.214
=11.93 %

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

* 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.


Samudera Shipping Line  (SGX:S56) 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.


Samudera Shipping Line ROCE % Related Terms

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Samudera Shipping Line (SGX:S56) Business Description

Traded in Other Exchanges
N/A
Address
6 Raffles Quay, No. 25-01, Singapore, SGP, 048580
Samudera Shipping Line Ltd is a cargo transportation company that is engaged in owning and operating ocean-going ships and the provision of containerized feeder shipping services. Its segments include Container Shipping, Bulk and Tanker, Agencies and Logistics. The Container Shipping segment provides feeder services for the transportation of containerized cargo between Singapore as a hub port and other outgoing spoke ports in Asia, as well as inter-region and intra-region container shipping services to end users. The Bulk and Tanker segment provides transportation of special dry bulk, liquid and gas cargo in the international, as well as Indonesian domestic market. It's Agencies and Logistics segment provides agency services, forwarding, warehousing and general logistics services.

Samudera Shipping Line (SGX:S56) Headlines

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