sowhyscreener.hashnode.devยทNov 28, 2023Return on Equity (ROE)Hey financial enthusiasts! ๐ Today, let's unravel the magic behind "Return on Equity" (ROE) โ the financial wizardry that shows us just how much sparkle a company adds to the money invested by its shareholders. Formula: $$ {ROE} = \frac{\text{Net In...Return on Equity (ROE)
sowhyscreener.hashnode.devยทNov 27, 2023Return on Assets (ROA)Hey financial explorers! ๐ Today, let's embark on the journey of "Return on Assets" (ROA) โ the financial GPS that tells us how efficiently a company transforms its assets into profit. Formula: $$ {ROA} = \left( \frac{\text{Net Profit Last Year}}{\...ROA
sowhyscreener.hashnode.devยทNov 27, 2023Return on Capital Employed (ROCE)Hey Financial Adventurers! ๐ Today, we're delving into the exciting realm of "Return on Capital Employed" (ROCE) โ a metric that unveils the efficiency and profitability of a company's capital usage. Formula: $$ {ROCE} = \left( \frac{\text{EBIT}}{\...roce