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Limes Schlosskliniken AG (STU:LIK) Return-on-Tangible-Equity : 68.84% (As of Jun. 2023)


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What is Limes Schlosskliniken AG 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. Limes Schlosskliniken AG's annualized net income for the quarter that ended in Jun. 2023 was €1.90 Mil. Limes Schlosskliniken AG's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €2.76 Mil. Therefore, Limes Schlosskliniken AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 68.84%.

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

STU:LIK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 192.08
Current: 192.08

During the past 6 years, Limes Schlosskliniken AG's highest Return-on-Tangible-Equity was 192.08%. The lowest was 0.00%. And the median was 0.00%.

STU:LIK's Return-on-Tangible-Equity is ranked better than
88.72% of 541 companies
in the Healthcare Providers & Services industry
Industry Median: 10.47 vs STU:LIK: 192.08

Limes Schlosskliniken AG Return-on-Tangible-Equity Historical Data

The historical data trend for Limes Schlosskliniken AG'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.

Limes Schlosskliniken AG Return-on-Tangible-Equity Chart

Limes Schlosskliniken AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - - Negative Tangible Equity Negative Tangible Equity

Limes Schlosskliniken AG Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 428.20 68.84

Competitive Comparison of Limes Schlosskliniken AG's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Limes Schlosskliniken AG'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.


Limes Schlosskliniken AG's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Limes Schlosskliniken AG's Return-on-Tangible-Equity falls into.



Limes Schlosskliniken AG Return-on-Tangible-Equity Calculation

Limes Schlosskliniken AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=4.203/( (-3.502+2.597 )/ 2 )
=4.203/-0.4525
=Negative Tangible Equity %

Limes Schlosskliniken AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=1.9/( (2.597+2.923)/ 2 )
=1.9/2.76
=68.84 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Limes Schlosskliniken AG  (STU:LIK) 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.


Limes Schlosskliniken AG Return-on-Tangible-Equity Related Terms

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Limes Schlosskliniken AG (STU:LIK) Business Description

Traded in Other Exchanges
Address
Kaiser-Wilhelm-Ring 26, Cologne, NW, DEU, 50672
Limes Schlosskliniken AG operates mental and psychosomatic mental health clinic. It specializes in the treatment of stress disorders including depressions, Burnout Syndrome, Posttraumatic stress disorder, Anxiety / obsessive-compulsive disorder, eating disorders, personality disorders, and Somatization disorders such as chronic pain. LIMES Schlosskliniken operates in the market for high-quality private hospitals specializing in psychiatry, psychotherapy, and psychosomatics in Germany and Switzerland.

Limes Schlosskliniken AG (STU:LIK) Headlines

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