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LifeWatch AG (LifeWatch AG) Return-on-Tangible-Equity : -38.69% (As of Dec. 2016)


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What is LifeWatch AG 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. LifeWatch AG's annualized net income for the quarter that ended in Dec. 2016 was $-7.2 Mil. LifeWatch AG's average shareholder tangible equity for the quarter that ended in Dec. 2016 was $18.6 Mil. Therefore, LifeWatch AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 was -38.69%.

The historical rank and industry rank for LifeWatch AG's Return-on-Tangible-Equity or its related term are showing as below:

LFWWF's Return-on-Tangible-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.87
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

LifeWatch AG Return-on-Tangible-Equity Historical Data

The historical data trend for LifeWatch AG'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.

LifeWatch AG Return-on-Tangible-Equity Chart

LifeWatch AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.02 13.47 -12.40 -92.35 -58.80

LifeWatch AG Semi-Annual Data
Dec03 Dec04 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Return-on-Tangible-Equity Get a 7-Day Free Trial 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 20.07 18.38 -205.58 -1,667.40 -38.69

Competitive Comparison of LifeWatch AG's Return-on-Tangible-Equity

For the Medical Devices subindustry, LifeWatch AG'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.


LifeWatch AG's Return-on-Tangible-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, LifeWatch AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where LifeWatch AG's Return-on-Tangible-Equity falls into.



LifeWatch AG Return-on-Tangible-Equity Calculation

LifeWatch AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-13.402/( (5.325+40.259 )/ 2 )
=-13.402/22.792
=-58.80 %

LifeWatch AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2016 )  (Q: Jun. 2016 )(Q: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Jun. 2016 )(Q: Dec. 2016 )
=-7.212/( (-2.975+40.259)/ 2 )
=-7.212/18.642
=-38.69 %

* 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 two times the semi-annual (Dec. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


LifeWatch AG  (OTCPK:LFWWF) 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.


LifeWatch AG Return-on-Tangible-Equity Related Terms

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LifeWatch AG (LifeWatch AG) Business Description

Traded in Other Exchanges
N/A
Address
LifeWatch AG is a healthcare services and technology company. The company provides remote wireless diagnostic monitoring services as well as develop and manufacture advanced digital health systems. It offers a comprehensive range of Mobile Cardiac Telemetry (MCT) technologies. LifeWatch also offers services that can help physicians detect and analyze patient symptoms before they turn into serious health problems. The company's reporting segments include Sales of Systems; Mobile Health and Patient Services. It derives most of its revenues from Patient services segment.

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