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Medilink-Global UK (LSE:MEDI) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2016)


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What is Medilink-Global UK 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. Medilink-Global UK's annualized net income for the quarter that ended in Jun. 2016 was £0.72 Mil. Medilink-Global UK's average shareholder tangible equity for the quarter that ended in Jun. 2016 was £-1.19 Mil. Therefore, Medilink-Global UK's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 was Negative Tangible Equity%.

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

LSE:MEDI's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 10.62
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Medilink-Global UK Return-on-Tangible-Equity Historical Data

The historical data trend for Medilink-Global UK'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.

Medilink-Global UK Return-on-Tangible-Equity Chart

Medilink-Global UK Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial -443.88 - - - Negative Tangible Equity

Medilink-Global UK Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 - - - Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Medilink-Global UK's Return-on-Tangible-Equity

For the Health Information Services subindustry, Medilink-Global UK'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.


Medilink-Global UK's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medilink-Global UK's Return-on-Tangible-Equity distribution charts can be found below:

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



Medilink-Global UK Return-on-Tangible-Equity Calculation

Medilink-Global UK's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=0.261/( (-1.446+-1.203 )/ 2 )
=0.261/-1.3245
=Negative Tangible Equity %

Medilink-Global UK's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2016 )  (Q: Dec. 2015 )(Q: Jun. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2016 )  (Q: Dec. 2015 )(Q: Jun. 2016 )
=0.724/( (-1.203+-1.173)/ 2 )
=0.724/-1.188
=Negative Tangible Equity %

* 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 two times the semi-annual (Jun. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Medilink-Global UK  (LSE:MEDI) 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.


Medilink-Global UK Return-on-Tangible-Equity Related Terms

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Medilink-Global UK (LSE:MEDI) Business Description

Traded in Other Exchanges
N/A
Address
Medilink-Global UK Ltd was incorporated in Jersey. The Company provides third party administrator services via Electronic Healthcard Network that facilitate the administration of medical claims and healthcare data management for insurance companies and corporate clients. The Company's operating segments are Third party administrator segment is derived from aggregating Malaysia and Singapore entity, while Software licensing segment represent a single entity from Malaysia.

Medilink-Global UK (LSE:MEDI) Headlines