Premium Healthcare GroupCAI:PHGC -1.14% ROA % is 0.00% as of . 20. Among 214 Medical Diagnostics & Research companies, Premium Healthcare Group ranks worse than 467289.25% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Premium Healthcare Group's annualizedNet Income for the quarter that ended in . 20 was E£ Mil.
Premium Healthcare Group's average Total Assets over the quarter that ended in . 20 was E£ 0 Mil. Therefore, Premium Healthcare Group's annualized ROA % for the quarter that ended in . 20 was Not Available.
The historical rank and industry rank for Premium Healthcare Group's ROA % or its related term are showing as below:
CAI:PHGC's ROA % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: -2.11 * Ranked among companies with meaningful ROA % only.
Premium Healthcare Group (CAI:PHGC) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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 Healthcare Group ROA % Chart
Premium Healthcare Group Annual Data
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Premium Healthcare Group Semi-Annual Data
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CAI:PHGC vs TMO, DHR, IDXX: ROA % Comparison
For the Diagnostics & Research subindustry, Premium Healthcare Group's ROA %, along with its competitors' market caps and ROA % 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.
Premium Healthcare Group ROA % vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Premium Healthcare Group's ROA % distribution charts can be found below:
* The bar in red indicates where Premium Healthcare Group's ROA % falls into.
* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (. 20) net income data.
ROA % is displayed in the 30-year financial page.
Premium Healthcare Group (CAI:PHGC) has a ROA % of 0.00% as of . 20. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Premium Healthcare Group and its competitors. According to the industry distribution chart, Premium Healthcare Group ranks #999999 out of 214 companies in the Medical Diagnostics & Research industry.
Is Premium Healthcare Group's ROA % too high?
Premium Healthcare Group's current ROA % is 0.00%. Based on the distribution chart, Premium Healthcare Group ranks #999999 out of 214 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers.
How does Premium Healthcare Group's ROA % compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Premium Healthcare Group ranks #999999 out of 214 companies for ROA %. This places Premium Healthcare Group in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Medical Diagnostics & Research company?
A good ROA % depends on the Medical Diagnostics & Research industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Premium Healthcare Group and its competitors. Premium Healthcare Group's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Healthcare Group stock overvalued right now?
Premium Healthcare Group (CAI:PHGC) has a current ROA % of 0.00%. The current ROA % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Premium Healthcare Group (CAI:PHGC), the current ROA % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Premium Healthcare Group Formerly City Lab is a company whose main purpose is to establish, operate and manage medical analysis laboratories, and import supplies and equipments, medical analysis laboratories.
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