Renuka Agri Foods Stock Return On Equity
RALN0000 | LKR 3.60 0.10 2.70% |
Renuka Agri Foods fundamentals help investors to digest information that contributes to Renuka Agri's financial success or failures. It also enables traders to predict the movement of Renuka Stock. The fundamental analysis module provides a way to measure Renuka Agri's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Renuka Agri stock.
Renuka |
Renuka Agri Foods Company Return On Equity Analysis
Renuka Agri's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Based on the latest financial disclosure, Renuka Agri Foods has a Return On Equity of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Return On Equity (which currently averages 0.0) industry. This indicator is about the same for all Sri Lanka stocks average (which is currently at 0.0).
Did you try this?
Run Options Analysis Now
Options AnalysisAnalyze and evaluate options and option chains as a potential hedge for your portfolios |
All Next | Launch Module |
About Renuka Agri Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renuka Agri Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renuka Agri using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renuka Agri Foods based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Renuka Stock
Renuka Agri financial ratios help investors to determine whether Renuka Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Renuka with respect to the benefits of owning Renuka Agri security.