HESG (Health Sciences Group) Return-on-Tangible-Equity: 0.00% (As of Sep. 2006)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Health Sciences Group Return-on-Tangible-Equity?

Health Sciences Group HESG -99.00% Return-on-Tangible-Equity is 0.00% as of Sep. 2006.

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. Health Sciences Group's annualized net income for the quarter that ended in Sep. 2006 was $-3.80 Mil. Health Sciences Group's average shareholder tangible equity for the quarter that ended in Sep. 2006 was $-8.26 Mil. Therefore, Health Sciences Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2006 was N/A%.

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

HESG's Return-on-Tangible-Equity is not ranked *
in the Biotechnology industry.
Industry Median: -42.355
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Health Sciences Group  (OTCPK:HESG) 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.


Health Sciences Group Return-on-Tangible-Equity Related Terms


Health Sciences Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Health Sciences 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.

Health Sciences Group Return-on-Tangible-Equity Chart

Health Sciences Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Return-on-Tangible-Equity
Get a 7-Day Free Trial -493.29 -4,924.14 0.00 0.00 0.00

Health Sciences Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 0.00 Negative Tangible Equity 0.00 0.00 0.00

HESG vs VITIF, HSTC, NTRR: Return-on-Tangible-Equity Comparison

For the Biotechnology subindustry, Health Sciences 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.


Health Sciences Group Return-on-Tangible-Equity vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Health Sciences Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Health Sciences Group's Return-on-Tangible-Equity falls into.



Health Sciences Group Return-on-Tangible-Equity Calculation

Health Sciences Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2005 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2005 )  (A: Dec. 2004 )(A: Dec. 2005 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2005 )  (A: Dec. 2004 )(A: Dec. 2005 )
=-5.75/( (-9.717+-8.935 )/ 2 )
=-5.75/-9.326
=N/A %

Health Sciences Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2006 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2006 )  (Q: Jun. 2006 )(Q: Sep. 2006 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2006 )  (Q: Jun. 2006 )(Q: Sep. 2006 )
=-3.8/( (-8.181+-8.333)/ 2 )
=-3.8/-8.257
=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. 2006) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Health Sciences Group (HESG) has a Return-on-Tangible-Equity of 0.00% as of Sep. 2006. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Health Sciences Group and its competitors.
Is Health Sciences Group's Return-on-Tangible-Equity too high?
Health Sciences Group's current Return-on-Tangible-Equity is 0.00%.
How does Health Sciences Group's Return-on-Tangible-Equity compare to VITIF and HSTC?
Health Sciences Group's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Health Sciences Group and its competitors. Health Sciences Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health Sciences Group stock overvalued right now?
Health Sciences Group (HESG) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Health Sciences Group (HESG), the current Return-on-Tangible-Equity is 0.00% as of Sep. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Health Sciences Group Business Description

Address 14331 Euclid Street, Suite 207, Garden Grove, CA, USA, 92843
Health Sciences Group Inc identifies, develops, and commercializes nutritional products. Its products are targeted towards consumers and medical professionals interested in preventative healthcare alternatives. The products are sold as nutritional supplements and functional ingredients to retail and wholesale customers in the nutrition, skin care, and food industries. The company distributes its products under the Swiss Research and Swiss Diet brand names.