Kids Medical Systems (BOM:540812) Return-on-Tangible-Asset: -0.13% (As of Sep. 2024)

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What is Kids Medical Systems Return-on-Tangible-Asset?

Kids Medical Systems BOM:540812 Return-on-Tangible-Asset is -0.13% as of Sep. 2024.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Kids Medical Systems's annualized Net Income for the quarter that ended in Sep. 2024 was ₹-0.11 Mil. Kids Medical Systems's average total tangible assets for the quarter that ended in Sep. 2024 was ₹78.65 Mil. Therefore, Kids Medical Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -0.13%.

The historical rank and industry rank for Kids Medical Systems's Return-on-Tangible-Asset or its related term are showing as below:

BOM:540812's Return-on-Tangible-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.59
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Kids Medical Systems  (BOM:540812) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Kids Medical Systems Return-on-Tangible-Asset Related Terms


Kids Medical Systems Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Kids Medical Systems's Return-on-Tangible-Asset 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.

Kids Medical Systems Return-on-Tangible-Asset Chart

Kids Medical Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 0.18 -0.25 -0.06 -0.74

Kids Medical Systems Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Return-on-Tangible-Asset 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 0.00 -0.06 -0.40 -0.34 -0.13

BOM:540812 vs MIHI, WNDM, LMNK: Return-on-Tangible-Asset Comparison

For the Medical Care Facilities subindustry, Kids Medical Systems's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Kids Medical Systems Return-on-Tangible-Asset vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kids Medical Systems's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Kids Medical Systems's Return-on-Tangible-Asset falls into.



Kids Medical Systems Return-on-Tangible-Asset Calculation

Kids Medical Systems's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-0.585/( (78.979+78.7)/ 2 )
=-0.585/78.8395
=-0.74 %

Kids Medical Systems's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-0.106/( (78.7+78.602)/ 2 )
=-0.106/78.651
=-0.13 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Sep. 2024) net income data.

What does a Return-on-Tangible-Asset of -0.13% mean?
Kids Medical Systems (BOM:540812) has a Return-on-Tangible-Asset of -0.13% as of Sep. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kids Medical Systems and its competitors.
Is Kids Medical Systems' Return-on-Tangible-Asset too high?
Kids Medical Systems' current Return-on-Tangible-Asset is -0.13%.
How does Kids Medical Systems' Return-on-Tangible-Asset compare to MIHI and WNDM?
Kids Medical Systems' Return-on-Tangible-Asset of -0.13% can be compared against companies in the Healthcare Providers & Services industry. The industry median Return-on-Tangible-Asset is 2.59. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.59, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kids Medical Systems and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kids Medical Systems's current Return-on-Tangible-Asset is -0.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kids Medical Systems stock overvalued right now?
Kids Medical Systems (BOM:540812) has a current Return-on-Tangible-Asset of -0.13%. The current Return-on-Tangible-Asset is -0.13%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Kids Medical Systems (BOM:540812), the current Return-on-Tangible-Asset is -0.13% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kids Medical Systems Business Description

Address 7/B Amrutbaug Colony, Near Hindu Colony Navrangpura, 3rd Floor, Chinubhai House, Opp. Sardar Patel stadium, Navjivan, Ahmedabad, GJ, IND, 380014
Kids Medical Systems Ltd is engaged in providing a solution in the healthcare sector as a pediatric clinic chain provider. The company offers exclusive services which can benefit the child for their healthcare needs. The company also offers services that can assist and help doctors to manage, educate, and develop the clinic and to provide guidance in services to parents of the child. Also provide the service Management/Light Asset Model which includes the clinic Management Software, clinic reports, Training, recruitment of staff, Online and Offline engagement with customers. In addition, the company also provides Glow sign Boards, Paraphernalia, Standees and also arrange for co-branding marketing efforts, as and when required in Pre-School, Schools.