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PT Siloam International Hospitals Tbk (ISX:SILO) Return-on-Tangible-Asset : 8.60% (As of Dec. 2024)


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What is PT Siloam International Hospitals 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 Siloam International Hospitals Tbk's annualized Net Income for the quarter that ended in Dec. 2024 was Rp1,069,088 Mil. PT Siloam International Hospitals Tbk's average total tangible assets for the quarter that ended in Dec. 2024 was Rp12,433,843 Mil. Therefore, PT Siloam International Hospitals Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 8.60%.

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

ISX:SILO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.68   Med: 2.66   Max: 12.33
Current: 7.86

During the past 13 years, PT Siloam International Hospitals Tbk's highest Return-on-Tangible-Asset was 12.33%. The lowest was -4.68%. And the median was 2.66%.

ISX:SILO's Return-on-Tangible-Asset is ranked better than
76.02% of 688 companies
in the Healthcare Providers & Services industry
Industry Median: 1.685 vs ISX:SILO: 7.86

PT Siloam International Hospitals Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Siloam International Hospitals 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 Siloam International Hospitals Tbk Return-on-Tangible-Asset Chart

PT Siloam International Hospitals Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 8.07 7.77 12.33 7.47

PT Siloam International Hospitals Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.59 0.51 10.92 11.51 8.60

Competitive Comparison of PT Siloam International Hospitals Tbk's Return-on-Tangible-Asset

For the Medical Care Facilities subindustry, PT Siloam International Hospitals 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 Siloam International Hospitals Tbk's Return-on-Tangible-Asset Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where PT Siloam International Hospitals Tbk's Return-on-Tangible-Asset falls into.


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PT Siloam International Hospitals Tbk Return-on-Tangible-Asset Calculation

PT Siloam International Hospitals 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 )
=902152/( (10495578+13654333)/ 2 )
=902152/12074955.5
=7.47 %

PT Siloam International Hospitals Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=1069088/( (11213353+13654333)/ 2 )
=1069088/12433843
=8.60 %

* 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. 2024) net income data.


PT Siloam International Hospitals Tbk  (ISX:SILO) 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 Siloam International Hospitals Tbk Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of PT Siloam International Hospitals Tbk's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Siloam International Hospitals Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Boulevard Jend.Sudirman No. 15 Lippo Village, Fakultas Kedokteran Universitas Pelita Harapan, Lantai 32, Banten, Tangerang, IDN, 15810
PT Siloam International Hospitals Tbk operates a network of hospitals in Indonesia. The company manages and operates multiple hospitals in Jadebotabek. Siloam Hospitals makes investments in both technology and medical staff to offer a range of medical services. The company also manages Centers of Excellence that address medical cases requiring complex treatment. The company derives its revenue from inpatient and outpatient services. Inpatient services derive revenue from medical support and medical specialist services, drugs and medical supplies, and inpatient rooms. Outpatient services derive revenue from the delivery of medical support and medical specialist services; drugs and medical supplies; hospital facilities. Inpatient services are responsible for a majority of company revenue.