Return On Equity ratio Analysis of Greenlight Capital Re Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Good ROE
17.44
Period Ending - Dec-22
Very Poor ROE
-2.12
Growth
921.23 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Good ROE
17.80
Most recent Quarter ROE
Period Ending - Mar-24
Good ROE
4.33
ROE Analysis of Greenlight Capital Re Ltd
| ROE Ratio of Greenlight Capital Re Ltd with value of 17.80 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of GLRE rose handsomely by 921.23 % this year. |
| ROE Ratio with value of 17.44 was highest in Year Dec-23 in last Five Years. |
| ROE Ratio with value of -2.12 was lowest in Year Dec-22 in last Five Years. |
| Latest ROE Ratio with value of 17.44 is Greater than Average ROE of 3.80 in last five years. |
Other ROE Related Info of GLRE that may interest you.
Greenlight Capital Re Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GLRE | 13.29 | 13.16 | 0.988 % | Insurance-Reinsurance |
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
| Mild Profitability | |
FY - Historical Return On Equity of Greenlight Capital Re Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 17.44 | -2.12 | 3.70 | 0.832 | -0.835 | -73.34 | -5.41 |
| Change | 921.23 % | -157.47 % | 344.35 % | 199.56 % | 98.86 % | -1256.37 % | -205.33 % |
FY Chart of Return On Equity of Greenlight Capital Re Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)