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Tam Duc Cardiology hospital JSC (HSTC:TTD) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Tam Duc Cardiology hospital JSC 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. Tam Duc Cardiology hospital JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Tam Duc Cardiology hospital JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Tam Duc Cardiology hospital JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Tam Duc Cardiology hospital JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:TTD's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.775
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Tam Duc Cardiology hospital JSC Return-on-Tangible-Equity Historical Data

The historical data trend for Tam Duc Cardiology hospital JSC'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.

Tam Duc Cardiology hospital JSC Return-on-Tangible-Equity Chart

Tam Duc Cardiology hospital JSC Annual Data
Trend
Return-on-Tangible-Equity

Tam Duc Cardiology hospital JSC Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Tam Duc Cardiology hospital JSC's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Tam Duc Cardiology hospital JSC'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.


Tam Duc Cardiology hospital JSC's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tam Duc Cardiology hospital JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Tam Duc Cardiology hospital JSC's Return-on-Tangible-Equity falls into.


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Tam Duc Cardiology hospital JSC Return-on-Tangible-Equity Calculation

Tam Duc Cardiology hospital JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Tam Duc Cardiology hospital JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Tam Duc Cardiology hospital JSC  (HSTC:TTD) 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.


Tam Duc Cardiology hospital JSC Return-on-Tangible-Equity Related Terms

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Tam Duc Cardiology hospital JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4 Nguyen Luong Bang street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Tam Duc Cardiology hospital JSC is engaged in the operation of a hospital. Its services include Outpatient Emergency, Cardiovascular Resuscitation, Cardiovascular Surgery, Diagnostic and interventional Cardiac Information, and Electrophysiological Survey and pacemaker.