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ISLEW (Isleworth Healthcare Acquisition) Return-on-Tangible-Asset : 4.09% (As of Jun. 2022)


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What is Isleworth Healthcare Acquisition Return-on-Tangible-Asset?

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. Isleworth Healthcare Acquisition's annualized Net Income for the quarter that ended in Jun. 2022 was $8.51 Mil. Isleworth Healthcare Acquisition's average total tangible assets for the quarter that ended in Jun. 2022 was $207.79 Mil. Therefore, Isleworth Healthcare Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was 4.09%.

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

ISLEW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.65   Med: 4.65   Max: 5.05
Current: 5.05

During the past 2 years, Isleworth Healthcare Acquisition's highest Return-on-Tangible-Asset was 5.05%. The lowest was 4.65%. And the median was 4.65%.

ISLEW's Return-on-Tangible-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.55 vs ISLEW: 5.05

Isleworth Healthcare Acquisition Return-on-Tangible-Asset Historical Data

The historical data trend for Isleworth Healthcare Acquisition'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.

* Premium members only.

Isleworth Healthcare Acquisition Return-on-Tangible-Asset Chart

Isleworth Healthcare Acquisition Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Asset
- 4.65

Isleworth Healthcare Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Asset Get a 7-Day Free Trial -8.12 4.76 1.65 9.69 4.09

Competitive Comparison of Isleworth Healthcare Acquisition's Return-on-Tangible-Asset

For the Shell Companies subindustry, Isleworth Healthcare Acquisition'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.


Isleworth Healthcare Acquisition's Return-on-Tangible-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Isleworth Healthcare Acquisition's Return-on-Tangible-Asset distribution charts can be found below:

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


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Isleworth Healthcare Acquisition Return-on-Tangible-Asset Calculation

Isleworth Healthcare Acquisition's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=4.841/( (0.077+207.967)/ 2 )
=4.841/104.022
=4.65 %

Isleworth Healthcare Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=8.508/( (207.863+207.715)/ 2 )
=8.508/207.789
=4.09 %

* 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 (Jun. 2022) net income data.


Isleworth Healthcare Acquisition  (NAS:ISLEW) 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.


Isleworth Healthcare Acquisition Return-on-Tangible-Asset Related Terms

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Isleworth Healthcare Acquisition Business Description

Traded in Other Exchanges
N/A
Address
360 Central Avenue, First Central Tower, Suite No. 800, Saint Petersburg, FL, USA, 33701
Isleworth Healthcare Acquisition Corp is a blank check company.

Isleworth Healthcare Acquisition Headlines

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