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Hypertension Diagnostics (Hypertension Diagnostics) Return-on-Tangible-Equity : 0.00% (As of Sep. 2019)


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What is Hypertension Diagnostics 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. Hypertension Diagnostics's annualized net income for the quarter that ended in Sep. 2019 was $0.00 Mil. Hypertension Diagnostics's average shareholder tangible equity for the quarter that ended in Sep. 2019 was $-4.75 Mil. Therefore, Hypertension Diagnostics's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 was N/A%.

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

HDII's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.67
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hypertension Diagnostics Return-on-Tangible-Equity Historical Data

The historical data trend for Hypertension Diagnostics'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.

Hypertension Diagnostics Return-on-Tangible-Equity Chart

Hypertension Diagnostics Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 298.53 -1,943.08 - - -

Hypertension Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Dec16 Dec17 Dec18 Mar19 Jun19 Sep19
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 - - - - -

Competitive Comparison of Hypertension Diagnostics's Return-on-Tangible-Equity

For the Shell Companies subindustry, Hypertension Diagnostics'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.


Hypertension Diagnostics's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hypertension Diagnostics's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hypertension Diagnostics's Return-on-Tangible-Equity falls into.



Hypertension Diagnostics Return-on-Tangible-Equity Calculation

Hypertension Diagnostics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-0.125/( (-4.626+-4.752 )/ 2 )
=-0.125/-4.689
=N/A %

Hypertension Diagnostics's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=0/( (-4.752+-4.752)/ 2 )
=0/-4.752
=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 (Sep. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hypertension Diagnostics  (OTCPK:HDII) 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.


Hypertension Diagnostics Return-on-Tangible-Equity Related Terms

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Hypertension Diagnostics (Hypertension Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
550 Highway 7 Unit 316, Ontario, ON, CAN, L4B324
Hypertension Diagnostics Inc is a shell company.