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Kindred Healthcare (Kindred Healthcare) Return-on-Tangible-Equity : 0.00% (As of Mar. 2018)


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What is Kindred Healthcare 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. Kindred Healthcare's annualized net income for the quarter that ended in Mar. 2018 was $-7 Mil. Kindred Healthcare's average shareholder tangible equity for the quarter that ended in Mar. 2018 was $-2,672 Mil. Therefore, Kindred Healthcare's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 was N/A%.

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

KND's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 9.91
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kindred Healthcare Return-on-Tangible-Equity Historical Data

The historical data trend for Kindred Healthcare'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.

Kindred Healthcare Return-on-Tangible-Equity Chart

Kindred Healthcare Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
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Kindred Healthcare Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Kindred Healthcare's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Kindred Healthcare'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.


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

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

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



Kindred Healthcare Return-on-Tangible-Equity Calculation

Kindred Healthcare's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-698.352/( (-2384.631+-2669.578 )/ 2 )
=-698.352/-2527.1045
=N/A %

Kindred Healthcare's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=-6.82/( (-2669.578+-2675.192)/ 2 )
=-6.82/-2672.385
=N/A %

* 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 four times the quarterly (Mar. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kindred Healthcare  (NYSE:KND) 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.


Kindred Healthcare Return-on-Tangible-Equity Related Terms

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


Kindred Healthcare (Kindred Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
Kindred Healthcare Inc is a healthcare-services company in the United States that operates in four divisions: hospitals, Kindred at Home, Kindred Rehabilitation Services, and nursing centers. The hospital division provides long-term acute-care services through a network of transitional-care hospitals. The Kindred at Home division provides home health and hospice care for patients in their homes, nursing centers, and other residential settings. This segment contributes the majority of the firm's total revenue. The Rehabilitation Services division provides physical and occupational therapy to residents of nursing centers, hospitals, outpatient clinics, and assisted living facilities. Kindred's nursing center division operates nursing centers and assisted-care facilities.
Executives
Heyward R Donigan director 452 DISCOVERY ROAD, VIRGINIA BEACH VA 23451
Phyllis R Yale director
Paul J Diaz director 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Joel Ackerman director COVENTRY HEALTH CARE, INC., 6705 ROCKLEDGE DR SUITE 900, BETHESDA MD 20817
Richard Goodman director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Christopher T Hjelm director C/O THE KROGER CO., 1014 VINE ST., CINCINNATI OH 45202
Stephen D Farber officer: EVP & Chief Financial Officer 680 SOUTH FOURTH STREET, LOUISVILLE KY 40202
Jonathan David Blum director C/O YUM BRANDS INC, 1441 GARDINER LANE, LOUISVILLE KY 40213
Lynn T Simon director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Fred J Kleisner director C/O MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018
Sharad Mansukani director C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
Thomas P Cooper director PO BOX 3335, SANTA FE CA 92067
John H Short director 7733 FORSYTH BLVD.,, SUITE 2300, ST. LOUIS MO 63105
Edward L Kuntz director, other: Chairman of the Board
Richard A Lechleiter officer: Executive VP and CFO PO BOX 32890, LOUISVILLE KY 40232-2890