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Healthcare Trust (Healthcare Trust) ROA % : -4.60% (As of Dec. 2023)


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What is Healthcare Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Healthcare Trust's annualized Net Income for the quarter that ended in Dec. 2023 was $-99.3 Mil. Healthcare Trust's average Total Assets over the quarter that ended in Dec. 2023 was $2,158.7 Mil. Therefore, Healthcare Trust's annualized ROA % for the quarter that ended in Dec. 2023 was -4.60%.

The historical rank and industry rank for Healthcare Trust's ROA % or its related term are showing as below:

HLTC' s ROA % Range Over the Past 10 Years
Min: -3.78   Med: -3.62   Max: -3.29
Current: -3.33

During the past 6 years, Healthcare Trust's highest ROA % was -3.29%. The lowest was -3.78%. And the median was -3.62%.

HLTC's ROA % is ranked worse than
84.99% of 806 companies
in the REITs industry
Industry Median: 2.145 vs HLTC: -3.33

Healthcare Trust ROA % Historical Data

The historical data trend for Healthcare Trust's ROA % 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.

Healthcare Trust ROA % Chart

Healthcare Trust Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial -3.78 -3.29 -3.78 -3.62 -3.34

Healthcare Trust Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % 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 -3.43 -2.59 -3.18 -2.96 -4.60

Competitive Comparison of Healthcare Trust's ROA %

For the REIT - Healthcare Facilities subindustry, Healthcare Trust's ROA %, along with its competitors' market caps and ROA % 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.


Healthcare Trust's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthcare Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Healthcare Trust's ROA % falls into.



Healthcare Trust ROA % Calculation

Healthcare Trust's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-72.298/( (2180.349+2145.159)/ 2 )
=-72.298/2162.754
=-3.34 %

Healthcare Trust's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-99.272/( (2172.257+2145.159)/ 2 )
=-99.272/2158.708
=-4.60 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Healthcare Trust  (OTCPK:HLTC) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-99.272/2158.708
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-99.272 / 347.12)*(347.12 / 2158.708)
=Net Margin %*Asset Turnover
=-28.6 %*0.1608
=-4.60 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Healthcare Trust ROA % Related Terms

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Healthcare Trust (Healthcare Trust) Business Description

Traded in Other Exchanges
Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Healthcare Trust Inc is a Real estate investment trust in the United States. It invests in healthcare real estate, focusing on seniors housing properties and medical office buildings. The company also invests in facilities leased to hospitals, rehabilitation hospitals, long-term acute care centers, surgery centers, inpatient rehabilitation facilities, special medical and diagnostic service providers, laboratories, and research firms among others. It has two segments medical office and other healthcare-related buildings and senior housing operating properties.
Executives
Scott M. Lappetito officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Jason F. Doyle officer: CFO, Secretary and Treasurer 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Buddie J Penn director 405 PARK AVENUE, NEW YORK NY 10022
Lee M Elman director 405 PARK AVENUE, NEW YORK NY 10022
Katie P Kurtz officer: CFO, Treasurer and Secretary 405 PARK AVENUE, THIRD FLOOR, NEW YORK NY 10022
Edward G Rendell director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Leslie D Michelson director PRIVATE HEALTH MANAGEMENT, 9200 SUNSET BLVD, SUITE 110, LOS ANGELES CA 90069
Randolph C Read director, other: CHAIRMAN C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Thomas P Darcy officer: Chief Executive Officer 405 PARK AVENUE, NEW YORK NY 10022
Lange Edward F Jr officer: See Remarks 405 PARK AVENUE, NEW YORK NY 10022
William Todd Jensen officer: See Remarks 405 PARK AVE., 15TH FLOOR, NEW YORK NY 10022
Elizabeth K. Tuppeny director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Robert J Froehlich director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
David Gong director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Nicholas S Schorsch director, officer: See Remarks

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