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Amica Mature Lifestyles (TSX:ACC) Return-on-Tangible-Equity : -7.11% (As of Aug. 2015)


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What is Amica Mature Lifestyles 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. Amica Mature Lifestyles's annualized net income for the quarter that ended in Aug. 2015 was C$-7.3 Mil. Amica Mature Lifestyles's average shareholder tangible equity for the quarter that ended in Aug. 2015 was C$102.1 Mil. Therefore, Amica Mature Lifestyles's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2015 was -7.11%.

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

TSX:ACC'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.

Amica Mature Lifestyles Return-on-Tangible-Equity Historical Data

The historical data trend for Amica Mature Lifestyles'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.

Amica Mature Lifestyles Return-on-Tangible-Equity Chart

Amica Mature Lifestyles Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.04 -6.22 -5.18 -11.33 -3.72

Amica Mature Lifestyles Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 -3.28 -3.87 -4.96 -2.77 -7.11

Competitive Comparison of Amica Mature Lifestyles's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Amica Mature Lifestyles'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.


Amica Mature Lifestyles's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Amica Mature Lifestyles's Return-on-Tangible-Equity falls into.



Amica Mature Lifestyles Return-on-Tangible-Equity Calculation

Amica Mature Lifestyles's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2015 )  (A: May. 2014 )(A: May. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2015 )  (A: May. 2014 )(A: May. 2015 )
=-4.237/( (122.77+105.303 )/ 2 )
=-4.237/114.0365
=-3.72 %

Amica Mature Lifestyles's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2015 )  (Q: May. 2015 )(Q: Aug. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2015 )  (Q: May. 2015 )(Q: Aug. 2015 )
=-7.256/( (105.303+98.924)/ 2 )
=-7.256/102.1135
=-7.11 %

* 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 (Aug. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Amica Mature Lifestyles  (TSX:ACC) 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.


Amica Mature Lifestyles Return-on-Tangible-Equity Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

Traded in Other Exchanges
N/A
Address
Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.