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Vocera Communications (Vocera Communications) Return-on-Tangible-Equity : -6.28% (As of Dec. 2021)


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What is Vocera Communications 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. Vocera Communications's annualized net income for the quarter that ended in Dec. 2021 was $-2.6 Mil. Vocera Communications's average shareholder tangible equity for the quarter that ended in Dec. 2021 was $41.9 Mil. Therefore, Vocera Communications's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was -6.28%.

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

VCRA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.32   Med: -14.21   Max: 5.34
Current: -15.57

During the past 13 years, Vocera Communications's highest Return-on-Tangible-Equity was 5.34%. The lowest was -26.32%. And the median was -14.21%.

VCRA's Return-on-Tangible-Equity is not ranked
in the Hardware industry.
Industry Median: 5.31 vs VCRA: -15.57

Vocera Communications Return-on-Tangible-Equity Historical Data

The historical data trend for Vocera Communications'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.

Vocera Communications Return-on-Tangible-Equity Chart

Vocera Communications Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.54 -11.40 -16.83 -9.28 -11.59

Vocera Communications Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 0.51 -37.02 -20.27 27.53 -6.28

Competitive Comparison of Vocera Communications's Return-on-Tangible-Equity

For the Communication Equipment subindustry, Vocera Communications'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.


Vocera Communications's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vocera Communications's Return-on-Tangible-Equity distribution charts can be found below:

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



Vocera Communications Return-on-Tangible-Equity Calculation

Vocera Communications's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-8.495/( (99.06+47.543 )/ 2 )
=-8.495/73.3015
=-11.59 %

Vocera Communications's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=-2.628/( (36.201+47.543)/ 2 )
=-2.628/41.872
=-6.28 %

* 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 (Dec. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Vocera Communications  (NYSE:VCRA) 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.


Vocera Communications Return-on-Tangible-Equity Related Terms

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


Vocera Communications (Vocera Communications) Business Description

Traded in Other Exchanges
N/A
Address
525 Race Street, San Jose, CA, USA, 95126
Vocera Communications Inc provides secure, integrated, and intelligent communication and workflow solutions that empower mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. It has two operating segments: Product and Service. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow. It also offers Vocera Communication and Workflow System, a software platform, which connects communication devices, including hands-free, wearable, voice-controlled communication badges and third-party mobile devices.
Executives
Paul T Johnson other: EVP Sales and Services C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Brent D. Lang director, officer: Chairman, President & CEO C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Mary Bridget Duffy officer: Chief Medical Officer C/O VOCERA COMMUNICATIONS, INC., 525 RACE STREET, SAN JOSE CA 95126
Douglas Alan Carlen other: General Counsel 110 RIO ROBLES SAN JOSE CA 95134
John N Mcmullen director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Justin Spencer officer: EVP, Chief Financial Officer C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Ronald A Paulus director QUOVADX, INC. 7600 E. ORCHARD RD., SUITE 300S GREENWOOD VILLAGE CO 80111
Howard E Janzen director COOL PLANET 6400 S. FIDDLERS GREEN CIRCLE, STE 1300 GREENWOOD VILLAGE CO 80111
Alexa King director C/O FIREEYE, INC. 1440 MCCARTHY BOULEVARD MILPITAS CA 95035
Julie Iskow director 2900 UNIVERSITY BOULEVARD, AMES X1 50010
Michael Burkland director C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
Bharat Sundaram director 100 NORTH POINT CENTER EAST, SUITE 200, ALPHARETTA GA 30022
Jeff Hillebrand director 3061 ZANKER RD SAN JOSE CA 95134
John B. Grotting director C/O VOCERA COMMUNICATIONS, INC. 525 RACE STREET SAN JOSE CA 95126
Robert Zollars director 3061 ZANKER RD, SAN JOSEC CA 95134

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