vvincii we show the working

← Pacific Health Care Organization

The business behind the dividend

MeasurePFHOMedianFormula
Return on equity10.6%11.7%Net income ÷ shareholders’ equity
Return on capital employedOperating income ÷ (equity + total debt)
Owner earnings$1.39m$632.00mNet income + depreciation & amortisation − capital expenditure
Free cash flow$1.14m$746.10mOperating cash flow − capital expenditure
Operating margin14.9%15.0%Operating income ÷ revenue
Net margin20.7%10.2%Net income ÷ revenue
Debt to equityTotal debt ÷ shareholders’ equity
Interest cover657.71x4.43xOperating income ÷ interest expense
Current ratio34.45x1.25xCurrent assets ÷ current liabilities
Long-term debt to working capitalLong-term debt ÷ (current assets − current liabilities)
Cash conversion0.84x1.78xOperating cash flow ÷ net income

Not computed here: Debt to equity, Long-term debt to working capital, Return on capital employed — why a blank is not a zero.

Ten years of it

The same measures, for every year the filings support. One year is a fact; a row is a business.

Measure2025202420232022202120202019201820172016Median
Return on equity10.6%7.6%7.1%4.4%9.2%5.6%12.9%16.8%14.3%9.8%9.2%
Operating margin14.9%14.1%12.1%11.6%9.6%13.6%22.9%27.8%25.9%17.0%14.1%
Net margin20.7%14.6%13.6%8.6%18.4%9.1%16.3%20.0%14.8%10.0%14.6%
Current ratio34.45x16.54x12.36x16.78x22.23x10.21x14.00x19.66x13.12x12.03x14.00x
Cash conversion0.84x0.76x1.21x1.44x0.39x1.80x0.91x0.97x0.86x2.13x0.91x

How it compares in health care

Among the 38 health care companies here measured on free cash flow, Pacific Health Care Organization pays out less than 37 of them. The median for that group is 39.3%, against this company’s 3.3%.

Closest on free cash flow

Same sector and same denominator, so the figures are comparable. All 44 in health care →