Return On Equity ratio Analysis of Alliance Resource Partners LP - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Excellent ROE
34348.18
Period Ending - Dec-22
Very Good ROE
39.32
Growth
87248.95 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
24.86
Most recent Quarter ROE
Period Ending - Mar-24
Very Good ROE
8.33
ROE Analysis of Alliance Resource Partners LP
ROE Ratio of Alliance Resource Partners LP with value of 24.86 means its generates profits efficiently by using its Shareholders Fund. |
ROE Ratio of ARLP rose handsomely by 87248.95 % this year. |
ROE Ratio of ARLP trending up for at least three Years. |
ROE Ratio with value of -12.05 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of 34348.18 is Greater than Average ROE of 6884.31 in last five years. |
Other ROE Related Info of ARLP that may interest you.
Alliance Resource Partners LP Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ARLP | 23.5 | 23.74 | 1.01 % | Thermal Coal |
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 Alliance Resource Partners LP
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 34348.18 | 39.32 | 14.53 | -12.05 | 31.56 | 30.87 | 26.37 |
Change | 87248.95 % | 170.62 % | 220.58 % | -138.18 % | 2.26 % | 17.06 % | -15.05 % |
FY Chart of Return On Equity of Alliance Resource Partners LP
Note : All Data Generated at the End of Trading Hours (EOD Data)