GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Global Wholehealth Partners Corp (OTCPK:GWHP) » Definitions » Return-on-Tangible-Equity

GWHP (Global Wholehealth Partners) Return-on-Tangible-Equity : 0.00% (As of Jun. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Global Wholehealth Partners 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. Global Wholehealth Partners's annualized net income for the quarter that ended in Jun. 2022 was $-0.68 Mil. Global Wholehealth Partners's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $-1.56 Mil. Therefore, Global Wholehealth Partners's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was N/A%.

The historical rank and industry rank for Global Wholehealth Partners's Return-on-Tangible-Equity or its related term are showing as below:

GWHP's Return-on-Tangible-Equity is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.02
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Global Wholehealth Partners Return-on-Tangible-Equity Historical Data

The historical data trend for Global Wholehealth Partners'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.

Global Wholehealth Partners Return-on-Tangible-Equity Chart

Global Wholehealth Partners Annual Data
Trend Jun13 Jun14 Jun19 Jun20 Jun21 Jun22
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - - - -

Global Wholehealth Partners Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,497.08 -11,350.50 - - -

Competitive Comparison of Global Wholehealth Partners's Return-on-Tangible-Equity

For the Medical Devices subindustry, Global Wholehealth Partners'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.


Global Wholehealth Partners's Return-on-Tangible-Equity Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Global Wholehealth Partners's Return-on-Tangible-Equity falls into.



Global Wholehealth Partners Return-on-Tangible-Equity Calculation

Global Wholehealth Partners's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-5.155/( (-0.097+-1.569 )/ 2 )
=-5.155/-0.833
=N/A %

Global Wholehealth Partners's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-0.68/( (-1.547+-1.569)/ 2 )
=-0.68/-1.558
=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 four times the quarterly (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Global Wholehealth Partners  (OTCPK:GWHP) 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.


Global Wholehealth Partners Return-on-Tangible-Equity Related Terms

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


Global Wholehealth Partners Business Description

Traded in Other Exchanges
N/A
Address
1402 North El Camino Real, San Clemente, CA, USA, 92672
Global Wholehealth Partners Corp is a United States-based company that engages in the healthcare business. Its services include Colorectal Cancer Tests, Urinary Tract Infection Tests, Cholesterol Tests, Pregnancy Tests, and others.
Executives
Lai Kah Yin director, officer: CEO, CFO and Secretary JL. SUNTER KEMAYORAN NO. 168, JAKARTA ULTARA K8 14350

Global Wholehealth Partners Headlines

From GuruFocus