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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. We'll use ROE to examine Transurban Group (ASX:TCL), by way of a worked example.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its ...
>>> Read more: Is Transurban Group's (ASX:TCL) ROE Of 0.7% Concerning?
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its ...
>>> Read more: Is Transurban Group's (ASX:TCL) ROE Of 0.7% Concerning?
