What is Dc Healthcare Holdings Bhd 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. Dc Healthcare Holdings Bhd's annualized net income for the quarter that ended in Dec. 2023 was RM2.50 Mil. Dc Healthcare Holdings Bhd's average shareholder tangible equity for the quarter that ended in Dec. 2023 was RM39.72 Mil. Therefore, Dc Healthcare Holdings Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 6.30%.
The historical rank and industry rank for Dc Healthcare Holdings Bhd's Return-on-Tangible-Equity or its related term are showing as below:
XKLS:0283'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.3 Med: 44.16 Max: 82.96
Current: 6.3
During the past 5 years, Dc Healthcare Holdings Bhd's highest Return-on-Tangible-Equity was 82.96%. The lowest was 6.30%. And the median was 44.16%.
XKLS:0283's Return-on-Tangible-Equity is ranked worse than 59.93% of 539
companies
in the Healthcare Providers & Services industry
Industry Median: 10.62
vs XKLS:0283: 6.30
Dc Healthcare Holdings Bhd Return-on-Tangible-Equity Historical Data
* 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.
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Dc Healthcare Holdings Bhd Return-on-Tangible-Equity Chart
Dc Healthcare Holdings Bhd Annual Data
Trend
Dec19
Dec20
Dec21
Dec22
Dec23
Return-on-Tangible-Equity
30.31
44.16
72.18
82.96
6.30
Dc Healthcare Holdings Bhd Semi-Annual Data
Dec19
Dec20
Dec21
Dec22
Dec23
Return-on-Tangible-Equity
30.31
44.16
72.18
82.96
6.30
Competitive Comparison of Dc Healthcare Holdings Bhd's Return-on-Tangible-Equity
For the Medical Care Facilities subindustry, Dc Healthcare Holdings Bhd'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.
Dc Healthcare Holdings Bhd's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Dc Healthcare Holdings Bhd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dc Healthcare Holdings Bhd's Return-on-Tangible-Equity falls into.
Dc Healthcare Holdings Bhd Return-on-Tangible-Equity Calculation
Dc Healthcare Holdings Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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 one times the annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Dc Healthcare Holdings Bhd (XKLS:0283) 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.
Dc Healthcare Holdings Bhd Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Dc Healthcare Holdings Bhd's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Dc Healthcare Holdings Bhd (XKLS:0283) Business Description
Dc Healthcare Holdings Bhd Is an investment holding company. Through its subsidiaries, the company provides Aesthetic Services specializing in Non-Invasive and Minimally-Invasive procedures. Non-Invasive procedures are medical procedures that do not involve entering the body through surgical incisions; whilst Minimally Invasive procedures limit the size and quantity of incisions and injections thereby reducing wound healing time, associated pain and risk of infection. The business activities are categorized into 2 segments, Aesthetic Services, and General Medical Services. The majority of revenue is derived from the Aesthetic Services segment.
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