Third Age Health Services (NZSE:TAH) Net Margin % : 7.32% (As of Sep. 2023)

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What is Third Age Health Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Third Age Health Services's Net Income for the six months ended in Sep. 2023 was NZ$0.54 Mil. Third Age Health Services's Revenue for the six months ended in Sep. 2023 was NZ$7.34 Mil. Therefore, Third Age Health Services's net margin for the quarter that ended in Sep. 2023 was 7.32%.

The historical rank and industry rank for Third Age Health Services's Net Margin % or its related term are showing as below:

NZSE:TAH' s Net Margin % Range Over the Past 10 Years
Min: 3.91 Med: 18.96 Max: 19.88
Current: 4.66

NZSE:TAH's Net Margin % is ranked better than
63.82% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 1.71 vs NZSE:TAH: 4.66

Third Age Health Services Net Margin % Historical Data

The historical data trend for Third Age Health Services's Net Margin % 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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Third Age Health Services Net Margin % Chart

Third Age Health Services Annual Data

Trend

Mar21

Mar22

Mar23

Net Margin %

18.96

19.88

3.91

Third Age Health Services Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Net Margin %	Get a 7-Day Free Trial			23.66	16.37	7.08	1.73	7.32

Competitive Comparison of Third Age Health Services's Net Margin %

For the Medical Care Facilities subindustry, Third Age Health Services's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Third Age Health Services's Net Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Third Age Health Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where Third Age Health Services's Net Margin % falls into.

Third Age Health Services Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Third Age Health Services's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin	=	Net Income (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	0.439	/	11.217
	=	3.91 %

Third Age Health Services's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.537	/	7.341
	=	7.32 %

Third Age Health Services (NZSE:TAH) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Third Age Health Services Net Margin % Related Terms

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Third Age Health Services (NZSE:TAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Third Age Health Services Ltd (NZSE:TAH) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

536 Kennedy Road, Greenmeadows, Napier, NZL, 4112

Website

https://www.thirdagehealth.co.nz

Third Age Health Services Ltd is engaged in providing health care services to older adults residing in Aged Residential Care. Its services include 24/7 access to a doctor, Regular, scheduled rounds by a Practitioner, and Guaranteed locum cover.