Return On Equity ratio Analysis of Enlight Renewable Energy Ltd. - Deep Dive
Latest FY ROE
Period Ending - Dec-23
Not Good ROE
6.07
Period Ending - Dec-22
Poor ROE
2.76
Growth
119.72 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Not Good ROE
5.54
Most recent Quarter ROE
Period Ending - Mar-24
Not Good ROE
1.41
ROE Analysis of Enlight Renewable Energy Ltd.
ROE Ratio of ENLT rose handsomely by 119.72 % this year. |
ROE Ratio of ENLT trending up for at least three Years. |
ROE Ratio with value of -12.83 was lowest in Year Dec-20 in last Five Years. |
Latest ROE Ratio with value of 6.07 is Greater than Average ROE of -0.705 in last five years. |
Other ROE Related Info of ENLT that may interest you.
Enlight Renewable Energy Ltd. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ENLT | 16.9 | 16.95 | 0.295 % | Utilities-Renewable |
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
Good Profitability |
FY - Historical Return On Equity of Enlight Renewable Energy Ltd.
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROE | 6.07 | 2.76 | 2.19 | -12.83 | -1.71 | 0.649 | 0.338 |
Change | 119.72 % | 26.29 % | 117.05 % | -649.57 % | -363.75 % | 91.96 % | -83.27 % |
FY Chart of Return On Equity of Enlight Renewable Energy Ltd.
Note : All Data Generated at the End of Trading Hours (EOD Data)