Healthcare Return On Equity from 2010 to 2024

HCSG Stock  USD 12.34  0.04  0.32%   
Healthcare Services' Return On Equity is decreasing over the last several years with slightly volatile swings. Return On Equity is estimated to finish at 0.1 this year. Return On Equity is a measure of the profitability of Healthcare Services Group in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08406626
Current Value
0.096
Quarterly Volatility
0.05433584
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Healthcare Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healthcare Services' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.1 M, Interest Expense of 8.2 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.0671 or PTB Ratio of 2.84. Healthcare financial statements analysis is a perfect complement when working with Healthcare Services Valuation or Volatility modules.
  
Check out the analysis of Healthcare Services Correlation against competitors.

Latest Healthcare Services' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Healthcare Services Group over the last few years. Return on Equity is the amount of Healthcare Services net income returned as a percentage of Healthcare Services equity. Return on equity measures Healthcare Services profitability by revealing how much profit Healthcare Services Group generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Healthcare Services' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Healthcare Services' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Healthcare Return On Equity Regression Statistics

Arithmetic Mean0.15
Geometric Mean0.14
Coefficient Of Variation35.94
Mean Deviation0.05
Median0.17
Standard Deviation0.05
Sample Variance0
Range0.1492
R-Value(0.35)
Mean Square Error0
R-Squared0.12
Significance0.20
Slope(0)
Total Sum of Squares0.04

Healthcare Return On Equity History

2024 0.096
2023 0.0841
2022 0.0804
2020 0.21
2019 0.14
2017 0.22
2016 0.23

About Healthcare Services Financial Statements

Healthcare Services stakeholders use historical fundamental indicators, such as Healthcare Services' Return On Equity, to determine how well the company is positioned to perform in the future. Although Healthcare Services investors may analyze each financial statement separately, they are all interrelated. For example, changes in Healthcare Services' assets and liabilities are reflected in the revenues and expenses on Healthcare Services' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Healthcare Services Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.08  0.10 

Currently Active Assets on Macroaxis

When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
Check out the analysis of Healthcare Services Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Services. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.322
Earnings Share
0.69
Revenue Per Share
23.052
Quarterly Revenue Growth
0.041
Return On Assets
0.048
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.