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SHL Telemedicine (XSWX:SHLTN) Return-on-Tangible-Equity : -47.66% (As of Dec. 2023)


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What is SHL Telemedicine 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. SHL Telemedicine's annualized net income for the quarter that ended in Dec. 2023 was CHF-8.37 Mil. SHL Telemedicine's average shareholder tangible equity for the quarter that ended in Dec. 2023 was CHF17.56 Mil. Therefore, SHL Telemedicine's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -47.66%.

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

XSWX:SHLTN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1825.83   Med: -31.19   Max: 490.61
Current: -65.15

During the past 13 years, SHL Telemedicine's highest Return-on-Tangible-Equity was 490.61%. The lowest was -1,825.83%. And the median was -31.19%.

XSWX:SHLTN's Return-on-Tangible-Equity is ranked worse than
88.31% of 539 companies
in the Healthcare Providers & Services industry
Industry Median: 9.99 vs XSWX:SHLTN: -65.15

SHL Telemedicine Return-on-Tangible-Equity Historical Data

The historical data trend for SHL Telemedicine'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.

SHL Telemedicine Return-on-Tangible-Equity Chart

SHL Telemedicine Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.75 1.95 -215.97 -169.05 -64.32

SHL Telemedicine Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -47.26 Negative Tangible Equity -50.13 -282.52 -47.66

Competitive Comparison of SHL Telemedicine's Return-on-Tangible-Equity

For the Health Information Services subindustry, SHL Telemedicine'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.


SHL Telemedicine's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, SHL Telemedicine's Return-on-Tangible-Equity distribution charts can be found below:

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



SHL Telemedicine Return-on-Tangible-Equity Calculation

SHL Telemedicine's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-6.102/( (1.413+17.561 )/ 2 )
=-6.102/9.487
=-64.32 %

SHL Telemedicine's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-8.37/( (0+17.561)/ 1 )
=-8.37/17.561
=-47.66 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SHL Telemedicine  (XSWX:SHLTN) 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.


SHL Telemedicine Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of SHL Telemedicine's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


SHL Telemedicine (XSWX:SHLTN) Business Description

Traded in Other Exchanges
Address
90 Yigal Alon Street, Tel Aviv, ISR, 67891
SHL Telemedicine Ltd develops and markets personal telemedicine solutions. It consists of the transmission of medical data by an individual, from a remote location to a medical call center through telecommunication networks. The company offers solutions to subscribing patients, health insurance companies, hospitals, clinics, and physicians. It provides healthcare professional solutions to patients suffering from congestive heart failure, chronic obstructive pulmonary disease, and readmission solutions for reducing heart-related readmissions. In addition, consumer solutions include cardiac monitoring services. The company's geographical segments Israel, Europe, and the rest of the world.

SHL Telemedicine (XSWX:SHLTN) Headlines

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