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HQDA Elderly Life Network Return-on-Tangible-Equity

: -5.77% (As of Dec. 2020)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. HQDA Elderly Life Network's annualized net income attributable to common stockholders for the quarter that ended in Dec. 2020 was $-0.84 Mil. HQDA Elderly Life Network's average shareholder tangible equity for the quarter that ended in Dec. 2020 was $14.49 Mil. Therefore, HQDA Elderly Life Network's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 was -5.77%.

OTCPK:HQDA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.78   Med: -8.6   Max: -4.1
Current: -30.78

-30.78
-4.1

During the past 13 years, HQDA Elderly Life Network's highest Return-on-Tangible-Equity was -4.10%. The lowest was -30.78%. And the median was -8.60%.

OTCPK:HQDA's Return-on-Tangible-Equity is ranked lower than
82% of the 487 Companies
in the Healthcare Providers & Services industry.

( Industry Median: 9.93 vs. OTCPK:HQDA: -30.78 )

HQDA Elderly Life Network Return-on-Tangible-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

HQDA Elderly Life Network Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 Negative Tangible Equity -4.10 -8.60 -27.46

HQDA Elderly Life Network Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Return-on-Tangible-Equity 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 -2.51 -5.19 -100.42 -9.33 -5.77

Competitive Comparison
* 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.


HQDA Elderly Life Network Return-on-Tangible-Equity Distribution

* The bar in red indicates where HQDA Elderly Life Network's Return-on-Tangible-Equity falls into.



HQDA Elderly Life Network Return-on-Tangible-Equity Calculation

HQDA Elderly Life Network's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2020 )  (A: Jun. 2019 )(A: Jun. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2020 )  (A: Jun. 2019 )(A: Jun. 2020 )
=-4.757/( (19.669+14.984 )/ 2 )
=-4.757/17.3265
=-27.46 %

HQDA Elderly Life Network's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=-0.836/( (14.52+14.469)/ 2 )
=-0.836/14.4945
=-5.77 %

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Dec. 2020) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


HQDA Elderly Life Network  (OTCPK:HQDA) 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 attributable to common stockholders 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.


HQDA Elderly Life Network Return-on-Tangible-Equity Related Terms


HQDA Elderly Life Network Return-on-Tangible-Equity Headlines

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