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Bellevue Healthcare Trust (CHIX:BBHL) Return-on-Tangible-Equity : 11.22% (As of Nov. 2024)


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What is Bellevue Healthcare Trust 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. Bellevue Healthcare Trust's annualized net income for the quarter that ended in Nov. 2024 was £63.45 Mil. Bellevue Healthcare Trust's average shareholder tangible equity for the quarter that ended in Nov. 2024 was £565.24 Mil. Therefore, Bellevue Healthcare Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2024 was 11.22%.

The historical rank and industry rank for Bellevue Healthcare Trust's Return-on-Tangible-Equity or its related term are showing as below:

CHIX:BBHl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -14.5   Med: 10.17   Max: 21.58
Current: 12.32

During the past 8 years, Bellevue Healthcare Trust's highest Return-on-Tangible-Equity was 21.58%. The lowest was -14.50%. And the median was 10.17%.

CHIX:BBHl's Return-on-Tangible-Equity is ranked better than
65.53% of 1636 companies
in the Asset Management industry
Industry Median: 7.735 vs CHIX:BBHl: 12.32

Bellevue Healthcare Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Bellevue Healthcare Trust'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.

Bellevue Healthcare Trust Return-on-Tangible-Equity Chart

Bellevue Healthcare Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 21.58 9.30 -4.07 -14.50 13.37

Bellevue Healthcare Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Return-on-Tangible-Equity 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 29.84 -10.33 -18.80 12.37 11.22

Competitive Comparison of Bellevue Healthcare Trust's Return-on-Tangible-Equity

For the Asset Management subindustry, Bellevue Healthcare Trust'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.


Bellevue Healthcare Trust's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bellevue Healthcare Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bellevue Healthcare Trust's Return-on-Tangible-Equity falls into.


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Bellevue Healthcare Trust Return-on-Tangible-Equity Calculation

Bellevue Healthcare Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=73.734/( (665.537+437.3 )/ 2 )
=73.734/551.4185
=13.37 %

Bellevue Healthcare Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2024 )  (Q: May. 2024 )(Q: Nov. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2024 )  (Q: May. 2024 )(Q: Nov. 2024 )
=63.448/( (693.186+437.3)/ 2 )
=63.448/565.243
=11.22 %

* 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 (Nov. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bellevue Healthcare Trust  (CHIX:BBHl) 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.


Bellevue Healthcare Trust Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Bellevue Healthcare Trust's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Bellevue Healthcare Trust Business Description

Traded in Other Exchanges
Address
32 London Bridge Street, 24th Floor, London, GBR, SE1 9SG
Bellevue Healthcare Trust PLC is a closed-end investment company. Its investment objective is to provide shareholders with long-term capital growth and income through investments in publicly listed healthcare companies. The company may also invest in American Depositary Receipts (ADRs) or convertible securities issued by such companies and may participate in or underwrite future equity offerings from these companies.

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