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While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. To keep the lesson grounded in practicality, we'll use ROE to better understand SG Fleet Group Limited (ASX:SGF).
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which mea...
>>> Read more: Is SG Fleet Group Limited's (ASX:SGF) 13% ROE Better Than Average?
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In other words, it is a profitability ratio which mea...
>>> Read more: Is SG Fleet Group Limited's (ASX:SGF) 13% ROE Better Than Average?