Ardent Leisure Ret. on equity

What is the Ret. on equity of Ardent Leisure?

The Ret. on equity of Ardent Leisure Group Limited is -52.69%

What is the definition of Ret. on equity?

Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.

ttm (trailing twelve months)

The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.

What does Ardent Leisure do?

Ardent Leisure Group Limited owns and operates leisure and entertainment assets in Australia and the United States. The company operates in Main Event and Theme Parks segments. It operates 44 main event sites in Texas, Arizona, Georgia, Illinois, Kentucky, Missouri, New Mexico, Ohio, Oklahoma, Kansas, Florida, Tennessee, Maryland, Delaware, Colorado, and Louisiana, as well as Dreamworld and WhiteWater World in Coomera, Queensland; and the SkyPoint observation deck and climb in Surfers Paradise, Queensland. The company was incorporated in 2018 and is based in North Sydney, Australia.

Companies with ret. on equity similar to Ardent Leisure

Reyna Silver has Ret. on equity of -52.72%
Reyna Silver Mining has Ret. on equity of -52.72%
Greenpro Capital has Ret. on equity of -52.71%
Greenpro Capital has Ret. on equity of -52.71%
Joint Corp has Ret. on equity of -52.69%
Intertidal Capital Corp has Ret. on equity of -52.69%
Ardent Leisure has Ret. on equity of -52.69%
Wallix Sa has Ret. on equity of -52.62%
GX Acquisition has Ret. on equity of -52.61%
Stemcell United has Ret. on equity of -52.60%
Mogo Inc has Ret. on equity of -52.58%
The Lakshmi Vilas Bank has Ret. on equity of -52.57%
Mission Ready Solutions has Ret. on equity of -52.56%