Question

QUESTION 2 10 points Save Answer Using the financial data for the sample of Healthcare companies in the table below, calculate the number of companies with a Return on Equity greater than 8%. SDX TDL SIG ASX Code Company Name Sienna Cancer Diagnostics Limited TD1 TALI Digital Limited Visioneering Technologies Inc TBG Diagnostics Limited Sigma Healthcare Limited SUD Suda Pharmaceuticals Ltd TLX Telix Pharmaceuticals Limited VIP VIP Gloves Limited UCM USCOM Ltd SVA Simavita Limited SPL Starpharma Holdings Limited SIL Smiles Inclusive Limited VHT Volpara Health Technologies Limited TTB Total Brain Limited THC THC Global Group Limited VRT Virtus Health Limited VLS Vita Life Sciences Limited UBI Universal Biosensors, Inc. SOM SomnoMed Limited SHL Sonic Healthcare Limited 1ST 1ST Group Limited ACR Acrux Limited ADO Anteo Tech Limited Operating Revenue Reported NPAT After Abnormals Total Assets Total Equity Market Cap. 531,251 -2,699,586 8,979,412 8,584,517 15,015,047 87,742 -2,944,443 5,174,118 2,267,094 31,470,819 4,667,044 -23,710,682 14,705,298 12,701,898 18,166,270 3,152,830 -4,393,330 13,277,883 11,849,142 4,786,920 4,016, 273,000 37,041,000 1,383,854,000 514,280,000 635,613,849 1,219,083 -7,795,039 16,253,314 13,977,488 7,966,246 195,142 -13,829,825 76,708,057 52,904,410 415,649,527 11,691,611 -4,797,309 17,228,735 6,203,361 25,415,323 2,844,138 -1,389,398 4,138,944 3,487,956 57,552,828 184,576 -3,934,216 1,698,678 -2,154,786 9,608,897 1,651,000 -14,254,000 48,859,000 42,395,000 426,560,919 34,629,000 -31,002,000 50,385,000 3,340,000 4,563,027 4,788,354 -11,244,014 18,167,975 13,581,689 374,418,760 2,602,137 -8,570,754 21,371,217 20,219,900 81,227,838 2,664,094 -8,611,270 32,746,412 28,087,949 54,196,273 278,215,000 28,990,000 544,336,000 294,613,000 346,480,632 41,151,000 2,433,000 35,720,000 22,407,000 32,203,741 69,456,914 37,564,356 69,977,576 50,673,751 31,053,932 58,892,033 -16,437,667 34,750,786 17,819,925 206,625,712 6,075,618,000 559,069,000 9,959,834,000 5,491,866,000 14,964,229,854 3,950,102 -4,304,092 7,011,366 3,130,856 24,627,780 631,000 -8,325,000 24,433,000 21,936,000 28,401,147 150,243 -3,296,840 4,767,682 4,235,131 43,335,128

Using the financial data for the sample of Healthcare companies in the table below, calculate the number of companies with a Return on Equity greater than 8%.

Answer 1

There are 4 companies in the financial data having return on equity greater than 8%

1. Virtus Health Limited:- 28990000/294613000 which is equal to 0.0984 i.e. 9.84%
2. Vita Life science Ltd: 2433000/22407000 which is equal to 0.108582 i.e. 10.86%
3. Universal biosensors, inc:- 37564356/50673751 which is equal to 0.741298 i.e. 74.13%
4. Sonic healthcare Limited:- 559069000/5491866000 which is equal to 0.101799 i.e. 10.18%