Return On Equity ratio Analysis of Algonquin Power Utilities Corp - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Poor ROE
0.582
Period Ending - Dec-22
Very Poor ROE
-3.90
Growth
114.92 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Poor ROE
-6.41
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-1.82
ROE Analysis of Algonquin Power Utilities Corp
ROE Ratio of Algonquin Power Utilities Corp with value of -6.41 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of Algonquin Power Utilities Corp with value of -1.82 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
ROE Ratio of AQNB rose handsomely by 114.92 % this year. |
ROE Ratio with value of 15.83 was highest in Year Dec-20 in last Five Years. |
ROE Ratio with value of -3.90 was lowest in Year Dec-22 in last Five Years. |
Latest ROE Ratio with value of 0.582 is lower than Average ROE of 6.14 in last five years. |
ROE of Algonquin Power Utilities Corp is negative because of poor net profit in Trailing Twelve Months ended on Mar-24. |
Other ROE Related Info of AQNB that may interest you.
Algonquin Power Utilities Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AQNB | 25.11 | 25.07 | 0.160 % | Multiline Utilities |
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 ..ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Equity of Algonquin Power Utilities Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 0.582 | -3.90 | 4.49 | 15.83 | 13.70 | 5.82 | 5.50 |
Change | 114.92 % | -186.97 % | -71.66 % | 15.56 % | 135.33 % | 5.84 % | -19.19 % |
FY Chart of Return On Equity of Algonquin Power Utilities Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)