GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Regional Health Properties Inc (AMEX:RHE) » Definitions » ROA %

Regional Health Properties (Regional Health Properties) ROA % : -1.51% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Regional Health Properties ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Regional Health Properties's annualized Net Income for the quarter that ended in Dec. 2023 was $-0.95 Mil. Regional Health Properties's average Total Assets over the quarter that ended in Dec. 2023 was $63.10 Mil. Therefore, Regional Health Properties's annualized ROA % for the quarter that ended in Dec. 2023 was -1.51%.

The historical rank and industry rank for Regional Health Properties's ROA % or its related term are showing as below:

RHE' s ROA % Range Over the Past 10 Years
Min: -12.4   Med: -5.56   Max: 5.13
Current: -5.95

During the past 13 years, Regional Health Properties's highest ROA % was 5.13%. The lowest was -12.40%. And the median was -5.56%.

RHE's ROA % is ranked worse than
68.77% of 666 companies
in the Healthcare Providers & Services industry
Industry Median: 1.31 vs RHE: -5.95

Regional Health Properties ROA % Historical Data

The historical data trend for Regional Health Properties's ROA % 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.

Regional Health Properties ROA % Chart

Regional Health Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 -0.62 -1.11 -7.88 -5.95

Regional Health Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % 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 -10.95 -11.85 -4.16 -5.99 -1.51

Competitive Comparison of Regional Health Properties's ROA %

For the Medical Care Facilities subindustry, Regional Health Properties'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.


Regional Health Properties's ROA % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Regional Health Properties's ROA % distribution charts can be found below:

* The bar in red indicates where Regional Health Properties's ROA % falls into.



Regional Health Properties ROA % Calculation

Regional Health Properties's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-3.888/( (68.58+62.181)/ 2 )
=-3.888/65.3805
=-5.95 %

Regional Health Properties's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.952/( (64.009+62.181)/ 2 )
=-0.952/63.095
=-1.51 %

* 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 four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Regional Health Properties  (AMEX:RHE) 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 bank’s 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:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.952/63.095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.952 / 18.088)*(18.088 / 63.095)
=Net Margin %*Asset Turnover
=-5.26 %*0.2867
=-1.51 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Regional Health Properties ROA % Related Terms

Thank you for viewing the detailed overview of Regional Health Properties's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Regional Health Properties (Regional Health Properties) Business Description

Traded in Other Exchanges
Address
454 Satellite Boulevard NW, Suite 100, Suwanee, GA, USA, 30024-7191
Regional Health Properties Inc is a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term healthcare through facility lease and sub-lease transactions. It has two reportable segments real estate segment and the healthcare services segment. It derives the majority of its revenue from the healthcare services segment. Its portfolio of more than 20 properties is diversified across various states, with concentrations in Georgia and Ohio.
Executives
Brent Morrison director 454 SATELLITE BLVD, NW #100, SUWANEE GA 30341
Paul Jason O'sullivan officer: Senior Vice President 454 SATELLITE BLVD, NW, 100, SUWANEE GA 30024
Steven L Martin director 153 EAST 53RD STREET, 26TH FLOOR, NEW YORK NY 10022
Kenneth S Grossman director 18 NORFOLK RD, GREAT NECK NY 11020
David A Tenwick director 8503 MISTY WOODS CIRCLE, POWELL OH 43065
Benjamin A Waites officer: Chief Financial Officer 8215 ROSWELL ROAD, BUILDING 600, ATLANTA GA 30350
Charles L Frischer 10 percent owner 3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Kenneth Wayne Taylor director 454 SATELLITE BOULEVARD, SUWANEE GA 30024
Brian M Szames director 454 SATELLITE BOULEVARD, SUITE 100, SUWANEE GA 30024
E Clinton Cain officer: Chief Accounting Officer 1145 HEMBREE ROAD, ROSWELL GA 30076
Park City Capital, Llc director 12400 COIT ROAD, SUITE 800, DALLAS TX 75251
Thomas W Knaup director 1145 HEMBREE ROAD, ROSWELL GA 30076
Susan I. Christensen officer: VP Sales/Infant Products Div 711 WEST WALNUT STREET, COMPTON CA 90220
Allan J Rimland officer: President & CFO 1145 HEMBREE ROAD, ROSWELL GA 30076
Philip S Radcliffe director 106 BURNHAM, WILLIAMSBURG VA 23188

Regional Health Properties (Regional Health Properties) Headlines