Return On Equity ratio Analysis of African Gold Acquisition Corp - Deep Dive
Latest FY ROE
Period Ending - Dec-21
Poor ROE
2.23
Period Ending - Dec-20
Poor ROE
0
Growth
0 %
Trailing Twelve Months ROE
Period Ending - Dec-21
Poor ROE
3.93
Most recent Quarter ROE
Period Ending - Mar-23
Poor ROE
0
ROE Analysis of African Gold Acquisition Corp
ROE Ratio of African Gold Acquisition Corp with value of 3.93 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of African Gold Acquisition Corp with value of 0 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-23. |
ROE Ratio of AGAC has grown by 0 % Compared to previous Financial Year. |
Other ROE Related Info of AGAC that may interest you.
African Gold Acquisition Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AGAC | 10.69 | 10.69 | 0 % | Shell Companies |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..![Return On Equity Formula Return On Equity Formula](https://my.stockaio.com/help/template/FinDef/ProfitabilityRatios/ROERatio.jpg)
ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Mild Profitability |
FY - Historical Return On Equity of African Gold Acquisition Corp
Period | Dec-21 | Dec-20 |
---|---|---|
ROE | 2.23 | 0 |
Change |
FY Chart of Return On Equity of African Gold Acquisition Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)