BTM Resources Bhd (XKLS:7188) ROCE % : -6.19% (As of Dec. 2023)

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What is BTM Resources 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. BTM Resources Bhd's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.19%.

BTM Resources Bhd ROCE % Historical Data

The historical data trend for BTM Resources 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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BTM Resources Bhd ROCE % Chart

BTM Resources Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-19.74

-16.77

-25.15

-37.57

-40.12

BTM Resources 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															-73.65	-113.87	-6.05	-9.71	-6.19

BTM Resources Bhd ROCE % Calculation

BTM Resources 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 )
	=	-19.282	/	( ( (45.521 - 28.111)	+	(98.162 - 19.452) )	/ 2 )
	=	-19.282	/	( (17.41	+	78.71)	/ 2 )
	=	-19.282	/	48.06
	=	-40.12 %

BTM Resources 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 )
	=	-4.98	/	( ( (101.747 - 19.436)	+	(98.162 - 19.452) )	/ 2 )
	=	-4.98	/	( ( 82.311	+	78.71 )	/ 2 )
	=	-4.98	/	80.5105
	=	-6.19 %

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

BTM Resources Bhd (XKLS:7188) 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.

BTM Resources Bhd ROCE % Related Terms

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BTM Resources Bhd (XKLS:7188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » BTM Resources Bhd (XKLS:7188) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kampung Tiong, No. 101, 3rd Floor, Wisma Kam Choon, Kuala Terengganu, TRG, MYS, 20100

Website

https://www.btmresources.com.my

BTM Resources Bhd is a Malaysian investment holding company. The principal activities of the company consist of investment holding and the provision of management services. It is engaged in the business of logging, sawmilling, trading in sawn timbers, plywood and logs, timber molding and manufacturing of finger-jointed timber and lamination boards and letting of plant and machinery. The company operates in Malaysia, Australia, Korea, USA and Singapore; of which it generates a majority of the revenue from Malaysia.

BTM Resources Bhd (XKLS:7188) Headlines

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