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VHIBF (Vitalhub) Return-on-Tangible-Equity : 9.81% (As of Dec. 2024)


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What is Vitalhub 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. Vitalhub's annualized net income for the quarter that ended in Dec. 2024 was $2.21 Mil. Vitalhub's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $22.50 Mil. Therefore, Vitalhub's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 9.81%.

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

VHIBF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -236.92   Med: 2.87   Max: 97.22
Current: 5.99

During the past 10 years, Vitalhub's highest Return-on-Tangible-Equity was 97.22%. The lowest was -236.92%. And the median was 2.87%.

VHIBF's Return-on-Tangible-Equity is ranked worse than
58.49% of 571 companies
in the Healthcare Providers & Services industry
Industry Median: 9.74 vs VHIBF: 5.99

Vitalhub Return-on-Tangible-Equity Historical Data

The historical data trend for Vitalhub'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.

Vitalhub Return-on-Tangible-Equity Chart

Vitalhub Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.93 -18.72 32.44 97.39 23.95

Vitalhub Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 181.81 52.48 -5.29 11.28 9.81

Competitive Comparison of Vitalhub's Return-on-Tangible-Equity

For the Health Information Services subindustry, Vitalhub'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.


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

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

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


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Vitalhub Return-on-Tangible-Equity Calculation

Vitalhub's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2.105/( (6.075+11.505 )/ 2 )
=2.105/8.79
=23.95 %

Vitalhub's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=2.208/( (33.493+11.505)/ 2 )
=2.208/22.499
=9.81 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Vitalhub  (OTCPK:VHIBF) 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.


Vitalhub Return-on-Tangible-Equity Related Terms

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


Vitalhub Business Description

Traded in Other Exchanges
Address
480 University Avenue, Suite 1001, Toronto, ON, CAN, M5G 1V2
Vitalhub Corp provides technology to Health and Human Service providers, including Hospitals, Regional Health Authorities, Mental Health, Long-Term Care, Home Health, and Community and Social Services. Vitalhub solutions span the categories of Electronic Health Records (EHR), Case Management, Care Coordination, Patient Flow, Operational Visibility, and Mobile Apps. It operates in one segment for its operations related to healthcare information systems in the mental health, long-term care, community health service, and hospital sectors. Geographically, it's available in Canada, the United Kingdom, Australia, the USA, Western Asia, and the Rest of the world, and the majority of the revenue comes from the United Kingdom.

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