GENNQ (Genesis Healthcare) Return-on-Tangible-Asset: -0.77% (As of Dec. 2020)

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GENNQ Genesis Healthcare Inc GENNQ
12 GF Score
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What is Genesis Healthcare Return-on-Tangible-Asset?

Genesis Healthcare GENNQ -99.00% 12 Return-on-Tangible-Asset is -0.77% as of Dec. 2020. GuruFocus rates GENNQ with a GF Score™ of 12/100.

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. Genesis Healthcare's annualized Net Income for the quarter that ended in Dec. 2020 was $-31 Mil. Genesis Healthcare's average total tangible assets for the quarter that ended in Dec. 2020 was $3,970 Mil. Therefore, Genesis Healthcare's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2020 was -0.77%.

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

GENNQ's Return-on-Tangible-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.51
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Genesis Healthcare  (OTCPK:GENNQ) 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.


Genesis Healthcare Return-on-Tangible-Asset Related Terms


Genesis Healthcare Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Genesis Healthcare'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.

Genesis Healthcare Return-on-Tangible-Asset Chart

Genesis Healthcare Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.21 -11.91 -5.46 0.34 -1.41

Genesis Healthcare 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-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.01 3.04 -2.07 -6.10 -0.77

GENNQ vs AIH, JYNT, AVCO: Return-on-Tangible-Asset Comparison

For the Medical Care Facilities subindustry, Genesis Healthcare'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.


Genesis Healthcare Return-on-Tangible-Asset vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Genesis Healthcare's Return-on-Tangible-Asset falls into.


GENNQ
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Genesis Healthcare Inc GENNQ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Genesis Healthcare Return-on-Tangible-Asset Calculation

Genesis Healthcare's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2020 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-58.963/( (4489.052+3894.334)/ 2 )
=-58.963/4191.693
=-1.41 %

Genesis Healthcare's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2020 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=-30.692/( (4045.453+3894.334)/ 2 )
=-30.692/3969.8935
=-0.77 %

* 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 four times the quarterly (Dec. 2020) net income data.

What does a Return-on-Tangible-Asset of -0.77% mean?
Genesis Healthcare (GENNQ) has a Return-on-Tangible-Asset of -0.77% as of Dec. 2020. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Genesis Healthcare and its competitors.
Is Genesis Healthcare's Return-on-Tangible-Asset too high?
Genesis Healthcare's current Return-on-Tangible-Asset is -0.77%. Overall, Genesis Healthcare has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Genesis Healthcare's Return-on-Tangible-Asset compare to AIH and JYNT?
Genesis Healthcare's Return-on-Tangible-Asset of -0.77% can be compared against companies in the Healthcare Providers & Services industry. The industry median Return-on-Tangible-Asset is 2.51. 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 2.51, based on 679 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 Genesis Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Healthcare's current Return-on-Tangible-Asset is -0.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Healthcare stock overvalued right now?
Genesis Healthcare (GENNQ) has a current Return-on-Tangible-Asset of -0.77%. The current Return-on-Tangible-Asset is -0.77%. Genesis Healthcare's overall GF Score™ is 12/100. 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 Genesis Healthcare (GENNQ), the current Return-on-Tangible-Asset is -0.77% as of Dec. 2020. 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.

Genesis Healthcare Business Description

Address 101 East State Street, Kennett Square, PA, USA, 19348
Genesis Healthcare Inc is a post-acute care provider in the United States. It focuses on the medical and physical issues facing elderly patients and is provided by the employees of skilled nursing facilities, assisted/senior living communities, integrated and third-party rehabilitation therapy business. The company has three operating segments. The inpatient services segment include the operation of skilled nursing facilities and assisted/senior living facilities; rehabilitation therapy segment services include integrated and third-party rehabilitation and respiratory therapy services; and all other services. The majority of its revenue is generated from its skilled nursing facilities of the inpatient services segment.
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