sowhyscreener.hashnode.dev·Nov 28, 2023Return on Equity (ROE)Hey financial enthusiasts! 🌟 Today, let's unravel the magic behind "Return on Equity" (ROE) – the financial wizardry that shows us just how much sparkle a company adds to the money invested by its shareholders. Formula: $$ {ROE} = \frac{\text{Net In...Return on Equity (ROE)
sowhyscreener.hashnode.dev·Nov 27, 2023Return on Assets (ROA)Hey financial explorers! 🚀 Today, let's embark on the journey of "Return on Assets" (ROA) – the financial GPS that tells us how efficiently a company transforms its assets into profit. Formula: $$ {ROA} = \left( \frac{\text{Net Profit Last Year}}{\...ROA