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Panamera Holdings (Panamera Holdings) Return-on-Tangible-Equity : 0.00% (As of Jan. 2024)


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What is Panamera Holdings 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. Panamera Holdings's annualized net income for the quarter that ended in Jan. 2024 was $-0.17 Mil. Panamera Holdings's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $-0.03 Mil. Therefore, Panamera Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was N/A%.

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

PHCI's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 10.32
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Panamera Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Panamera Holdings'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.

Panamera Holdings Return-on-Tangible-Equity Chart

Panamera Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only - - - - -712,500.00

Panamera Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - -1,326.32 -

Competitive Comparison of Panamera Holdings's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Panamera Holdings'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.


Panamera Holdings's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

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

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



Panamera Holdings Return-on-Tangible-Equity Calculation

Panamera Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=-7.125/( (-0.048+0.05 )/ 2 )
=-7.125/0.001
=-712,500.00 %

Panamera Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-0.168/( (-0.012+-0.052)/ 2 )
=-0.168/-0.032
=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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Panamera Holdings  (OTCPK:PHCI) 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.


Panamera Holdings Return-on-Tangible-Equity Related Terms

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


Panamera Holdings (Panamera Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5051 Westheimer, Suite 1200, Houston, TX, USA, 77056
Panamera Holdings Corp, formerly Panamera Healthcare Corp is a development stage company helping clients navigate the complexities of a healthcare system in transition.
Executives
T Benjamin Jennings director, 10 percent owner, officer: Chairman, CEO, President 2752 KINGS RETREAT CIRCLE, KINGWOOD TX 73025
Stanley F Wilson director, officer: Secretary, General Counsel 6711 EAST CAMELBACK ROAD 17, SCOTTSDALE AZ 85251
Christopher Barakat director 2752 KINGS RETREAT CIRCLE, KINGWOOD TX 77345
Ernest Joseph Diaz director, 10 percent owner 2410 W. MEMORIAL RD, SUTIE C406, OKLAHOMA CITY OK 73134
Curtis Eugene Summers director, 10 percent owner, officer: President 2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134
Douglas Glenn Baker director, officer: CFO, Secretary, Treasurer 2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134

Panamera Holdings (Panamera Holdings) Headlines

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