KAR News: Karoon Energy (ASX:KAR) Is Achieving High Returns On Its Capital - 9th Nov 2023, 7:24am

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Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. And in light of that, the trends we're seeing at Karoon Energy's (ASX:...

>>> Read more: Karoon Energy (ASX:KAR) Is Achieving High Returns On Its Capital
 
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