What is IHH Healthcare Bhd Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. IHH Healthcare Bhd's annualized net income for the quarter that ended in Mar. 2024 was S$874 Mil. IHH Healthcare Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2024 was S$3,415 Mil. Therefore, IHH Healthcare Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 25.58%.
The historical rank and industry rank for IHH Healthcare Bhd's Return-on-Tangible-Equity or its related term are showing as below:
SGX:Q0F'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.94 Med: 11.46 Max: 26.72
Current: 20.61
During the past 13 years, IHH Healthcare Bhd's highest Return-on-Tangible-Equity was 26.72%. The lowest was 2.94%. And the median was 11.46%.
SGX:Q0F's Return-on-Tangible-Equity is ranked better than 70.74% of 540
companies
in the Healthcare Providers & Services industry
Industry Median: 10.555
vs SGX:Q0F: 20.61
IHH Healthcare Bhd Return-on-Tangible-Equity Historical Data
The historical data trend for IHH Healthcare Bhd's Return-on-Tangible-Equity 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.
IHH Healthcare Bhd Return-on-Tangible-Equity Chart
Competitive Comparison of IHH Healthcare Bhd's Return-on-Tangible-Equity
For the Medical Care Facilities subindustry, IHH Healthcare Bhd's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
IHH Healthcare Bhd's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, IHH Healthcare Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IHH Healthcare Bhd's Return-on-Tangible-Equity falls into.
IHH Healthcare Bhd Return-on-Tangible-Equity Calculation
IHH Healthcare Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
IHH Healthcare Bhd (SGX:Q0F) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
IHH Healthcare Bhd Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of IHH Healthcare Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
IHH Healthcare Bhd operates a network of healthcare clinics, hospitals, and postoperative rehabilitation centers. It also provides ancillary services, which include diagnostic laboratories, imaging centers, ambulatory care, and medical education facilities. The firm receives a majority proportion of its revenue through its Parkway Pantai segment, which operates hospitals and provides healthcare services in Asia. Two of Parkway Pantai's key markets are Singapore and Malaysia. The second majority proportion of revenue comes from Acibadem Holdings, a hospital operator and service provider in Central and Eastern Europe, the Middle East, and North Africa. The Group's operating segments comprise Singapore, Malaysia, India, Greater China, Turkiye and Europe, IMU Health, and PLife REIT.
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