PT Bank Central Asia Tbk ROIC
What is the ROIC of PT Bank Central Asia Tbk?
The ROIC of PT Bank Central Asia Tbk is 0.00%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Finance sector on OTC compared to PT Bank Central Asia Tbk
What does PT Bank Central Asia Tbk do?
PT Bank Central Asia Tbk, together with its subsidiaries, provides banking products and services to individual, corporate, and small and medium enterprise customers in Indonesia and internationally. It offers savings accounts; motorcycle financing, as well as car, housing, working capital, and investment loans; mutual funds and bonds; electronic money services; credit cards; business collection services; and home and eBanking, remittance, and customer services. The company also provides investment financing, working capital financing, auto and multipurpose financing, operating lease, other financing activities, money lending and remittance, securities brokerage dealing and securities issuance underwriting, general or loss insurance, life insurance, Sharia banking, and venture capital services. As of December 2021, it operated 1,334 offices comprising 137 main branch offices; 1,105 permanent sub-branch offices; 70 mobile sub-branch offices; and 22 functional offices, as well as total 18,034 automated teller machines (ATMs) consisting of cash recycling machines and multi-functional ATMs. PT Bank Central Asia Tbk was founded in 1955 and is headquartered in Jakarta, Indonesia. PT Bank Central Asia Tbk is a subsidiary of PT Dwimuria Investama Andalan.
Companies with roic similar to PT Bank Central Asia Tbk
- Brighthouse has ROIC of -0.01%
- Golden Resources Development International has ROIC of -0.01%
- Hennessy Capital Acquisition III has ROIC of -0.01%
- Redwood Trust has ROIC of -0.01%
- Graf Industrial has ROIC of 0.00%
- Eurasia Fonciere Investissements Societe Anonyme has ROIC of 0.00%
- PT Bank Central Asia Tbk has ROIC of 0.00%
- the Rubicon Project has ROIC of 0.00%
- Coinbase Global, Class A Common Stock has ROIC of 0.00%
- Alembic has ROIC of 0.00%
- Mask Investments has ROIC of 0.01%
- BlackRock Health Sciences Trust has ROIC of 0.01%
- Aviva Plc has ROIC of 0.01%