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PT Metro Healthcare Indonesia Tbk (ISX:CARE) Return-on-Tangible-Asset : -2.90% (As of Mar. 2025)


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What is PT Metro Healthcare Indonesia Tbk 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. PT Metro Healthcare Indonesia Tbk's annualized Net Income for the quarter that ended in Mar. 2025 was Rp-116,094 Mil. PT Metro Healthcare Indonesia Tbk's average total tangible assets for the quarter that ended in Mar. 2025 was Rp4,001,299 Mil. Therefore, PT Metro Healthcare Indonesia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -2.90%.

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

ISX:CARE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.42   Med: -1.97   Max: 4.97
Current: -2.17

During the past 9 years, PT Metro Healthcare Indonesia Tbk's highest Return-on-Tangible-Asset was 4.97%. The lowest was -6.42%. And the median was -1.97%.

ISX:CARE's Return-on-Tangible-Asset is ranked worse than
62.5% of 688 companies
in the Healthcare Providers & Services industry
Industry Median: 1.55 vs ISX:CARE: -2.17

PT Metro Healthcare Indonesia Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Metro Healthcare Indonesia Tbk'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.

PT Metro Healthcare Indonesia Tbk Return-on-Tangible-Asset Chart

PT Metro Healthcare Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 0.49 0.16 -2.22 -2.65 -1.97

PT Metro Healthcare Indonesia Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.15 -2.29 -2.39 -1.09 -2.90

Competitive Comparison of PT Metro Healthcare Indonesia Tbk's Return-on-Tangible-Asset

For the Medical Care Facilities subindustry, PT Metro Healthcare Indonesia Tbk'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.


PT Metro Healthcare Indonesia Tbk's Return-on-Tangible-Asset Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where PT Metro Healthcare Indonesia Tbk's Return-on-Tangible-Asset falls into.


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PT Metro Healthcare Indonesia Tbk Return-on-Tangible-Asset Calculation

PT Metro Healthcare Indonesia Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-80309.181/( (4130034.577+4021105.412)/ 2 )
=-80309.181/4075569.9945
=-1.97 %

PT Metro Healthcare Indonesia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-116093.5/( (4021105.412+3981492.936)/ 2 )
=-116093.5/4001299.174
=-2.90 %

* 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 (Mar. 2025) net income data.


PT Metro Healthcare Indonesia Tbk  (ISX:CARE) 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.


PT Metro Healthcare Indonesia Tbk Return-on-Tangible-Asset Related Terms

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PT Metro Healthcare Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Serang Km 16,8, RT / RW 005/001, Kel. Sukamulya, Kec. Cikupa, Tangerang, IDN, 15710
PT Metro Healthcare Indonesia Tbk provides integrated health services that consist of hospital and technology-based health services and training centers to produce professionals in health services. The company manages hospitals that are members of the Metro Hospital Group. Its business segment comprises Inpatient and Outpatient. The majority of revenue is derived from the inpatient segment.