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Insurance Australia Group (ASX:IAG) saw a 2.1% increase in its stock value over the previous quarter, leading to a closer examination of the company's financial metrics. One key factor, the Return on Equity (ROE), has been under scrutiny as it indicates how efficiently a company uses its shareholders' investment to generate returns.
The ROE is calculated by dividing net profit from ongoing operations by shareholders' equity. For Insurance Australia Group, this formula results in a ROE of 13%, d...
>>> Read more: Insurance Australia Group's stock rises despite decreased net income
The ROE is calculated by dividing net profit from ongoing operations by shareholders' equity. For Insurance Australia Group, this formula results in a ROE of 13%, d...
>>> Read more: Insurance Australia Group's stock rises despite decreased net income
