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Streamline Health Solutions (Streamline Health Solutions) ROE %

: -187.37% (As of Oct. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Streamline Health Solutions's annualized net income for the quarter that ended in Oct. 2023 was $-47.64 Mil. Streamline Health Solutions's average Total Stockholders Equity over the quarter that ended in Oct. 2023 was $25.43 Mil. Therefore, Streamline Health Solutions's annualized ROE % for the quarter that ended in Oct. 2023 was -187.37%.

The historical rank and industry rank for Streamline Health Solutions's ROE % or its related term are showing as below:

STRM' s ROE % Range Over the Past 10 Years
Min: -63.51   Med: -24.25   Max: 1.77
Current: -63.51

During the past 13 years, Streamline Health Solutions's highest ROE % was 1.77%. The lowest was -63.51%. And the median was -24.25%.

STRM's ROE % is ranked worse than
88.01% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 4.11 vs STRM: -63.51

Streamline Health Solutions ROE % Historical Data

The historical data trend for Streamline Health Solutions's ROE % 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.

Streamline Health Solutions Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.92 -18.53 1.77 -25.39 -32.72

Streamline Health Solutions Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
ROE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.06 -25.05 -33.84 -31.36 -187.37

Competitive Comparison

For the Health Information Services subindustry, Streamline Health Solutions's ROE %, along with its competitors' market caps and ROE % 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.


Streamline Health Solutions ROE % Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Streamline Health Solutions's ROE % distribution charts can be found below:

* The bar in red indicates where Streamline Health Solutions's ROE % falls into.



Streamline Health Solutions ROE % Calculation

Streamline Health Solutions's annualized ROE % for the fiscal year that ended in Jan. 2023 is calculated as

ROE %=Net Income (A: Jan. 2023 )/( (Total Stockholders Equity (A: Jan. 2022 )+Total Stockholders Equity (A: Jan. 2023 ))/ count )
=-11.379/( (34.044+35.511)/ 2 )
=-11.379/34.7775
=-32.72 %

Streamline Health Solutions's annualized ROE % for the quarter that ended in Oct. 2023 is calculated as

ROE %=Net Income (Q: Oct. 2023 )/( (Total Stockholders Equity (Q: Jul. 2023 )+Total Stockholders Equity (Q: Oct. 2023 ))/ count )
=-47.644/( (31.104+19.751)/ 2 )
=-47.644/25.4275
=-187.37 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Oct. 2023) net income data. ROE % is displayed in the 30-year financial page.


Streamline Health Solutions  (NAS:STRM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-47.644/25.4275
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-47.644 / 24.532)*(24.532 / 47.21)*(47.21 / 25.4275)
=Net Margin %*Asset Turnover*Equity Multiplier
=-194.21 %*0.5196*1.8567
=ROA %*Equity Multiplier
=-100.91 %*1.8567
=-187.37 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Oct. 2023 )
=Net Income/Total Stockholders Equity
=-47.644/25.4275
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-47.644 / -48.124) * (-48.124 / -8.684) * (-8.684 / 24.532) * (24.532 / 47.21) * (47.21 / 25.4275)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.99 * 5.5417 * -35.4 % * 0.5196 * 1.8567
=-187.37 %

Note: The net income data used here is four times the quarterly (Oct. 2023) net income data. The Revenue data used here is four times the quarterly (Oct. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Streamline Health Solutions ROE % Related Terms

Thank you for viewing the detailed overview of Streamline Health Solutions's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Streamline Health Solutions (Streamline Health Solutions) Business Description

Traded in Other Exchanges
Address
2400 Old Milton Parkway, Box 1353, Alpharetta, GA, USA, 30009
Streamline Health Solutions Inc provides transformational data-driven solutions for healthcare organizations. It provides computer software-based solutions through its looking glass platform. Its solutions include coding and CDI, coding audit, and financial management solutions. It offers various services, such as custom integration services, training services, electronic image conversion and database monitoring services. It sells its solutions and services in North America to hospitals and health systems, including physician practices, through its direct sales force and its reseller partnerships.
Executives
Reeves Bryant J Iii officer: Interim CFO 2400 OLD MILTON PARKWAY, BOX 1353, ALPHARETTA GA 30009
Benjamin Louis Stilwill officer: President 4512 BAKER STREET, PHILADELPHIA PA 19127
Kenan Lucas director C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Wendy L Lucio officer: Chief People Officer 101 ABBY LANE, CARROLLTON GA 30117
Tamarack Global Healthcare Fund Qp, L.p. other: Member of a group 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
David Driscoll officer: SVP & Chief Revenue Officer 1175 PEACHTREE STREET NE, 10TH FLOOR, ATLANTA GA 30361
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Tamarack Capital Gp, Llc 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Advisers, Lp 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Capital Management, Llc 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Tamarack Global Healthcare Fund, L.p. 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Justin John Ferayorni 10 percent owner 5050 AVENIDA ENCINAS, SUITE 360, CARLSBAD CA 92008
Judith Starkey director 1327 PEACHTREE STREET, UNIT 803, ATLANTA GA 30309
Jonathan R Phillips director 792 CHATHAM AVENUE, ELMHURST IL 60126
Green Wyche T Iii director P.O. BOX 1510, FRANKLIN GA 30217