RYM - Ryman Healthcare

[macduffy]

Yes, the May futures price dropped into negative territory yesterday and sharemarkets reacted accordingly, including the NZX today. RYM price, however is down almost 4%, rather more than the NZX50, which seems a bit excessive, given that the company isn't directly affected by the oil price.

[tomm]

Yes, the May futures price dropped into negative territory yesterday and sharemarkets reacted accordingly, including the NZX today. RYM price, however is down almost 4%, rather more than the NZX50, which seems a bit excessive, given that the company isn't directly affected by the oil price.

Yes, you are right , thinking it will recover at the end of today.

[longy]

Yes, you are right , thinking it will recover at the end of today.

Hopefully this oil episode is a short spell. I would imagine countries around the world slowly lifting the lock-down, so does the demand for oil. Anyhow, Dow's future has been Green for most part of today.

[InvestingTesting]

Looking on Yahoo Finance I can see that Ryman has higher earnings than revenues. Would anyone be able to explain how this has happened, I know it is because they have other incomes but what would this other income be? I tried to look at the annual report but the financials there don't show a lot more either.

[Gerald]

Looking on Yahoo Finance I can see that Ryman has higher earnings than revenues. Would anyone be able to explain how this has happened, I know it is because they have other incomes but what would this other income be? I tried to look at the annual report but the financials there don't show a lot more either.

Not possible, as earnings = profit. Don't trust 3rd party sites, always look directly at the annual reports.

[InvestingTesting]

Not possible, as earnings = profit. Don't trust 3rd party sites, always look directly at the annual reports.

Cheers, it was because they have a lot of other non-revenue income in the form of unrealised gains on investment property.

[winner69]

Ryman MOST TRUSTED in sector again

Summerset and Bupa highly commended

https://www.trustedbrands.co.nz/results.asp

[tomm]

Ryman MOST TRUSTED in sector again

Summerset and Bupa highly commended

https://www.trustedbrands.co.nz/results.asp

AWARD: WINNER
CATEGORY: AGED CARE & RETIREMENT VILLAGES

NEW ZEALANDERS ARE NOT RETIRING FROM LIFE, they're living with passion and purpose, striving to push the boundaries to create better outcomes. They're looking for a new way to live. That’s why Ryman is pioneering retirement living to better serve current, and future, generations of Kiwis. "We always have, and always will, challenge the status quo and adapt to better serve our residents," says Gordon MacLeod, Chief Executive, Ryman Healthcare.
Since starting out in 1984, Ryman has cared for more than 30,000 people in its beautiful purpose-built villages. It has been a trailblazer in retirement living and care options, and to cement this fact has named its retirement villages after Kiwi trailblazers, including Sir Edmund Hillary, Rita Angus and Logan Campbell.
The company applies the same trailblazing spirit to every Ryman experience, whether that be through its award-winning myRyman care app, its Delicious menu, or its industry-leading deferred management fee and dial-up care options. "Our pioneering reputation is built upon providing comfort, security and the best possible care," says MacLeod.
As its culture is based on caring, kindness and pioneering a better way for residents, Ryman looks for these qualities in its team of 5,700 people, with an emphasis on placing residents' welfare first, and adapting to each new retirement generation.

https://www.trustedbrands.co.nz/bran...Healthcare.asp

[BlackPeter]

Looking on Yahoo Finance I can see that Ryman has higher earnings than revenues. Would anyone be able to explain how this has happened, I know it is because they have other incomes but what would this other income be? I tried to look at the annual report but the financials there don't show a lot more either.

Easy. Most retirement villages do have higher earnings than revenues.

Revenues are essentially the money stream paid to them by customers over the year.

Earnings are Revenues minus Operating costs plus (or minus) any revaluation gains (losses) and other depreciation

If property prices go up than property owners enjoy revaluation gains. These do go on the balance sheet and turn into earnings. However - if property prices go down (might be this year), then obviously this mechanism works against them.

[Biscuit]

However - if property prices go down (might be this year), then obviously this mechanism works against them.

From memory, Ryman use some sort of long-term average to calculate values so not dependent on single year changes in value.