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United American Healthcare (United American Healthcare) Return-on-Tangible-Asset : -27.34% (As of Sep. 2014)


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What is United American Healthcare 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. United American Healthcare's annualized Net Income for the quarter that ended in Sep. 2014 was $-0.98 Mil. United American Healthcare's average total tangible assets for the quarter that ended in Sep. 2014 was $3.60 Mil. Therefore, United American Healthcare's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 was -27.34%.

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

UAHC's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.06
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

United American Healthcare Return-on-Tangible-Asset Historical Data

The historical data trend for United American 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.

* Premium members only.

United American Healthcare Return-on-Tangible-Asset Chart

United American Healthcare Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.23 -32.83 -36.60 -124.82 -50.01

United American Healthcare Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -36.10 -46.88 -50.82 20.31 -27.34

Competitive Comparison of United American Healthcare's Return-on-Tangible-Asset

For the Real Estate Services subindustry, United American 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.


United American Healthcare's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, United American Healthcare's Return-on-Tangible-Asset distribution charts can be found below:

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



United American Healthcare Return-on-Tangible-Asset Calculation

United American Healthcare's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2012 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=-1.864/( (4.179+3.276)/ 2 )
=-1.864/3.7275
=-50.01 %

United American Healthcare's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=-0.984/( (3.704+3.495)/ 2 )
=-0.984/3.5995
=-27.34 %

* 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 (Sep. 2014) net income data.


United American Healthcare  (OTCPK:UAHC) 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.


United American Healthcare Return-on-Tangible-Asset Related Terms

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United American Healthcare (United American Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
303 East Wacker Drive, Suite 1040, Chicago, IL, USA, 60601
United American Healthcare Corporation provides contract manufacturing services to the medical device industry, through its subsidiary, in the United States. The firm derives maximum revenue from the Contract manufacturing services segment which involves the provision of Pulse Systems to the medical device industry.
Executives
Herbert J Bellucci director, officer: President&CEO of Pulse Systems 13950 STOWE DRIVE, POWAY CA 92064
Bruce Galloway director C/O GALLOWAY CAPITAL MANAGEMENT LLC, 720 FIFTH AVENUE 10TH FLOOR, NEW YORK NY 10019
Miller Lloyd I Iii other: Former 10% owner
Eddie R Munson director 5879 MURFIELD DRIVE, ROCHESTER HILLS MI 48306