Bumi Armada Bhd (XKLS:5210) ROCE % : -4.93% (As of Dec. 2023)

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What is Bumi Armada Bhd 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. Bumi Armada Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.93%.

Bumi Armada Bhd ROCE % Historical Data

The historical data trend for Bumi Armada Bhd'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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Bumi Armada Bhd ROCE % Chart

Bumi Armada Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.30

5.34

10.34

10.72

7.05

Bumi Armada Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															11.33	11.53	7.62	11.31	-4.93

Bumi Armada Bhd ROCE % Calculation

Bumi Armada Bhd'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 )
	=	632.859	/	( ( (11726.018 - 1627.897)	+	(11116.112 - 3264.876) )	/ 2 )
	=	632.859	/	( (10098.121	+	7851.236)	/ 2 )
	=	632.859	/	8974.6785
	=	7.05 %

Bumi Armada Bhd'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-385.972	/	( ( (11768.884 - 3966.221)	+	(11116.112 - 3264.876) )	/ 2 )
	=	-385.972	/	( ( 7802.663	+	7851.236 )	/ 2 )
	=	-385.972	/	7826.9495
	=	-4.93 %

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

Bumi Armada Bhd (XKLS:5210) 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.

Bumi Armada Bhd ROCE % Related Terms

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Bumi Armada Bhd (XKLS:5210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bumi Armada Bhd (XKLS:5210) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Jalan Perak, Level 21, Menara Perak, Kuala Lumpur, MYS, 50450

Website

https://www.bumiarmada.com

Bumi Armada Bhd is an international provider of offshore energy facilities and services. The company operates in two business segments. The Floating Production segment consists of Floating Production Storage Offloading and Floating Gas Solutions & Operations. The Offshore Marine Services segment consists of Offshore Support Vessel and Subsea Construction. The firm own, operate and provide FPSO vessels that are used for receiving hydrocarbons sourced from oilfields, focus on innovative solutions for the offshore liquefied natural gas industry; own, operate and charter vessels to provide support for exploration, development and production activities in the offshore oil and gas industry. Its geographical segments include Malaysia, Asia (excluding Malaysia), Africa, Europe, and Latin America.

Bumi Armada Bhd (XKLS:5210) Headlines

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