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Doctor Care Anywhere Group (ASX:DOC) Return-on-Tangible-Equity : 0.00% (As of Dec. 2024)


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What is Doctor Care Anywhere Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Doctor Care Anywhere Group's annualized net income for the quarter that ended in Dec. 2024 was A$-14.44 Mil. Doctor Care Anywhere Group's average shareholder tangible equity for the quarter that ended in Dec. 2024 was A$-9.25 Mil. Therefore, Doctor Care Anywhere Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was N/A%.

The historical rank and industry rank for Doctor Care Anywhere Group's Return-on-Tangible-Equity or its related term are showing as below:

ASX:DOC's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.01
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Doctor Care Anywhere Group Return-on-Tangible-Equity Historical Data

The historical data trend for Doctor Care Anywhere Group's Return-on-Tangible-Equity 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.

Doctor Care Anywhere Group Return-on-Tangible-Equity Chart

Doctor Care Anywhere Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
-76.51 -77.58 -268.55 - -

Doctor Care Anywhere Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only -280.37 -908.52 - - -

Competitive Comparison of Doctor Care Anywhere Group's Return-on-Tangible-Equity

For the Health Information Services subindustry, Doctor Care Anywhere Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Doctor Care Anywhere Group's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Doctor Care Anywhere Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Doctor Care Anywhere Group's Return-on-Tangible-Equity falls into.


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Doctor Care Anywhere Group Return-on-Tangible-Equity Calculation

Doctor Care Anywhere Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-12.558/( (-6.876+-12.922 )/ 2 )
=-12.558/-9.899
=N/A %

Doctor Care Anywhere Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-14.44/( (-5.57+-12.922)/ 2 )
=-14.44/-9.246
=N/A %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Doctor Care Anywhere Group  (ASX:DOC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Doctor Care Anywhere Group Return-on-Tangible-Equity Related Terms

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Doctor Care Anywhere Group Business Description

Traded in Other Exchanges
N/A
Address
13-15 Bouverie Street, 2nd Floor, London, GBR, EC4Y 8DP
Doctor Care Anywhere Group PLC is a telehealth company that provides clinical care through digitally enabled, joined-up, evidence-based pathways on its proprietary platform. It utilizes its relationships with health insurers, healthcare providers, and corporate customers to connect with patients to deliver a range of telehealth services. The Group provides virtual healthcare services, technology platform licensing, and digital design services, within the United Kingdom, Australia, and the Republic of Ireland. The company derives a majority of its revenue from the UK and Ireland.