Silver Heritage Ret. on equity

What is the Ret. on equity of Silver Heritage?

The Ret. on equity of Silver Heritage Group Limited is -175.88%

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 Silver Heritage do?

Silver Heritage Group Limited operates and manages casinos in Nepal. It owns and operates Tiger Palace Resort with 100 5 star rooms and 2 villas. The company also operates The Millionaire's Club & Casino with 20 table games and 36 slot machines in Kathmandu, Nepal; and manages gaming operations at the Phoenix International Club in Bac Ninh, Vietnam. The company was founded in 2003 and is headquartered in Wanchai, Hong Kong.

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