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Dedalus France (XPAR:DEDAL) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2019)


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What is Dedalus France 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. Dedalus France's annualized net income for the quarter that ended in Dec. 2019 was €5.65 Mil. Dedalus France's average shareholder tangible equity for the quarter that ended in Dec. 2019 was €-9.22 Mil. Therefore, Dedalus France's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 was Negative Tangible Equity%.

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

XPAR:DEDAL's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 10.28
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Dedalus France Return-on-Tangible-Equity Historical Data

The historical data trend for Dedalus France'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.

Dedalus France Return-on-Tangible-Equity Chart

Dedalus France Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.50 -77.28 -40.42 47.89 Negative Tangible Equity

Dedalus France Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 -20.98 -19.39 125.74 -111.43 Negative Tangible Equity

Competitive Comparison of Dedalus France's Return-on-Tangible-Equity

For the Health Information Services subindustry, Dedalus France'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.


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

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

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



Dedalus France Return-on-Tangible-Equity Calculation

Dedalus France's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=0.838/( (4.371+-21.208 )/ 2 )
=0.838/-8.4185
=Negative Tangible Equity %

Dedalus France's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2019 )  (Q: Jun. 2019 )(Q: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2019 )  (Q: Jun. 2019 )(Q: Dec. 2019 )
=5.652/( (2.765+-21.208)/ 2 )
=5.652/-9.2215
=Negative Tangible Equity %

* 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 (Dec. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Dedalus France  (XPAR:DEDAL) 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.


Dedalus France Return-on-Tangible-Equity Related Terms

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


Dedalus France Business Description

Traded in Other Exchanges
N/A
Address
22 Avenue Galilee, Le Plessis Robinson, FRA, FR-92350
Dedalus France is a France based company involved in providing software solutions to healthcare institutions in the areas of patient file, technical platforms (biology, imaging, pharmacy, oncology) and billing. The services offered by the company include Support & Maintenance, Hosting / ASP / SaaS and outsourcing.

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