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Centrum Medyczne ENEL-MED (WAR:ENE) Return-on-Tangible-Asset : -0.31% (As of Dec. 2024)


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What is Centrum Medyczne ENEL-MED 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. Centrum Medyczne ENEL-MED's annualized Net Income for the quarter that ended in Dec. 2024 was zł-1.6 Mil. Centrum Medyczne ENEL-MED's average total tangible assets for the quarter that ended in Dec. 2024 was zł512.2 Mil. Therefore, Centrum Medyczne ENEL-MED's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -0.31%.

The historical rank and industry rank for Centrum Medyczne ENEL-MED's Return-on-Tangible-Asset or its related term are showing as below:

WAR:ENE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.65   Med: -0.36   Max: 3.12
Current: 3.12

During the past 13 years, Centrum Medyczne ENEL-MED's highest Return-on-Tangible-Asset was 3.12%. The lowest was -5.65%. And the median was -0.36%.

WAR:ENE's Return-on-Tangible-Asset is ranked better than
58.28% of 688 companies
in the Healthcare Providers & Services industry
Industry Median: 1.575 vs WAR:ENE: 3.12

Centrum Medyczne ENEL-MED Return-on-Tangible-Asset Historical Data

The historical data trend for Centrum Medyczne ENEL-MED'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.

Centrum Medyczne ENEL-MED Return-on-Tangible-Asset Chart

Centrum Medyczne ENEL-MED 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 -0.85 -0.35 -5.65 1.77 2.92

Centrum Medyczne ENEL-MED 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 6.85 1.13 1.57 10.05 -0.31

Competitive Comparison of Centrum Medyczne ENEL-MED's Return-on-Tangible-Asset

For the Medical Care Facilities subindustry, Centrum Medyczne ENEL-MED'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.


Centrum Medyczne ENEL-MED's Return-on-Tangible-Asset Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Centrum Medyczne ENEL-MED's Return-on-Tangible-Asset falls into.


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Centrum Medyczne ENEL-MED Return-on-Tangible-Asset Calculation

Centrum Medyczne ENEL-MED'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 )
=14.609/( (485.884+515.859)/ 2 )
=14.609/500.8715
=2.92 %

Centrum Medyczne ENEL-MED'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 )
=-1.596/( (508.445+515.859)/ 2 )
=-1.596/512.152
=-0.31 %

* 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.


Centrum Medyczne ENEL-MED  (WAR:ENE) 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.


Centrum Medyczne ENEL-MED Return-on-Tangible-Asset Related Terms

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Centrum Medyczne ENEL-MED Business Description

Traded in Other Exchanges
Address
ul. S?omi?skiego 19 lok. 524, Warsaw, POL, 00-195
Centrum Medyczne ENEL-MED SA is engaged in providing medical services throughout Poland region. The company is involved in providing various services that are dentistry, picture diagnosis, clinics, subscription for companies, and medical insurance. It also provides hospitals, aesthetic medicines, and sports medicine. The company's treatment cycle consists of consultation, diagnosis, hospitalization, surgery, and rehabilitation.

Centrum Medyczne ENEL-MED Headlines

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