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Medical Services International (Medical Services International) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Medical Services International 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. Medical Services International's annualized net income for the quarter that ended in . 20 was $ Mil. Medical Services International's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Medical Services International's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

MSITF'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.

Medical Services International Return-on-Tangible-Equity Historical Data

The historical data trend for Medical Services International'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.

Medical Services International Return-on-Tangible-Equity Chart

Medical Services International Annual Data
Trend
Return-on-Tangible-Equity

Medical Services International Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Medical Services International's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Medical Services International'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.


Medical Services International's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Medical Services International's Return-on-Tangible-Equity falls into.



Medical Services International Return-on-Tangible-Equity Calculation

Medical Services International'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 )
=/( (+ )/ )
=/
= %

Medical Services International'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 four times the quarterly (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Medical Services International  (GREY:MSITF) 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.


Medical Services International Return-on-Tangible-Equity Related Terms

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


Medical Services International (Medical Services International) Business Description

Traded in Other Exchanges
N/A
Address
5643 Riverbend Road, P.O. Box 59144, Edmonton, AB, CAN, T6H 5Y3
Medical Services International Inc provides medical diagnostic services and dialysis for Anguilla and surrounding islands. The company offers dialysis for travellers, manufactures, under contract, a home test kit for HIV and Hep C and contracts to perform clinical studies.

Medical Services International (Medical Services International) Headlines

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