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DIH Holding US (DIH Holding US) Return-on-Tangible-Equity : 0.00% (As of Mar. 2023)


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What is DIH Holding US 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. DIH Holding US's annualized net income for the quarter that ended in Mar. 2023 was $-2.36 Mil. DIH Holding US's average shareholder tangible equity for the quarter that ended in Mar. 2023 was $-30.12 Mil. Therefore, DIH Holding US's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was N/A%.

The historical rank and industry rank for DIH Holding US's Return-on-Tangible-Equity or its related term are showing as below:

DHAI's Return-on-Tangible-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.23
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

DIH Holding US Return-on-Tangible-Equity Historical Data

The historical data trend for DIH Holding US'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.

DIH Holding US Return-on-Tangible-Equity Chart

DIH Holding US Annual Data
Trend Mar22 Mar23
Return-on-Tangible-Equity
- -

DIH Holding US Semi-Annual Data
Mar22 Mar23
Return-on-Tangible-Equity - -

Competitive Comparison of DIH Holding US's Return-on-Tangible-Equity

For the Medical Devices subindustry, DIH Holding US'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.


DIH Holding US's Return-on-Tangible-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, DIH Holding US's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where DIH Holding US's Return-on-Tangible-Equity falls into.



DIH Holding US Return-on-Tangible-Equity Calculation

DIH Holding US's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-2.361/( (-28.598+-31.637 )/ 2 )
=-2.361/-30.1175
=N/A %

DIH Holding US's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Mar. 2022 )(Q: Mar. 2023 )
=-2.361/( (-28.598+-31.637)/ 2 )
=-2.361/-30.1175
=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 one times the annual (Mar. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


DIH Holding US  (NAS:DHAI) 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.


DIH Holding US Return-on-Tangible-Equity Related Terms

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DIH Holding US (DIH Holding US) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
77 Accord Park Drive, Suite D-1, Norwell, MA, USA, 02061
DIH Holding US Inc is a global solution provider in blending innovative robotic and virtual reality (VR) technologies with clinical integration and insights. It is positioning itself as a transformative total smart solutions provider and consolidator in a largely fragmented and manual-labor-driven industry.

DIH Holding US (DIH Holding US) Headlines