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PrimeCare Systems (PrimeCare Systems) Return-on-Tangible-Equity : 0.00% (As of Mar. 2011)


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What is PrimeCare Systems 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. PrimeCare Systems's annualized net income for the quarter that ended in Mar. 2011 was $-0.35 Mil. PrimeCare Systems's average shareholder tangible equity for the quarter that ended in Mar. 2011 was $-0.23 Mil. Therefore, PrimeCare Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2011 was N/A%.

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

PCYS's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 10.545
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

PrimeCare Systems Return-on-Tangible-Equity Historical Data

The historical data trend for PrimeCare Systems'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.

PrimeCare Systems Return-on-Tangible-Equity Chart

PrimeCare Systems Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10
Return-on-Tangible-Equity
-150.29 -5,781.82 - - -

PrimeCare Systems Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 PrimeCare Systems's Return-on-Tangible-Equity

For the Health Information Services subindustry, PrimeCare Systems'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.


PrimeCare Systems's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

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

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



PrimeCare Systems Return-on-Tangible-Equity Calculation

PrimeCare Systems's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2010 )  (A: Jun. 2009 )(A: Jun. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2010 )  (A: Jun. 2009 )(A: Jun. 2010 )
=-0.34/( (-0.23+-0.159 )/ 2 )
=-0.34/-0.1945
=N/A %

PrimeCare Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2011 )  (Q: Dec. 2010 )(Q: Mar. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2011 )  (Q: Dec. 2010 )(Q: Mar. 2011 )
=-0.348/( (-0.283+-0.181)/ 2 )
=-0.348/-0.232
=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 (Mar. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PrimeCare Systems  (OTCPK:PCYS) 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.


PrimeCare Systems Return-on-Tangible-Equity Related Terms

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PrimeCare Systems (PrimeCare Systems) Business Description

Traded in Other Exchanges
N/A
Address
610 Thimble Shoals Boulevard, Suite 402 A, Newport News, VA, USA, 23606
PrimeCare Systems Inc develops and markets software and diagnostic products for the healthcare industry.

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