Should You Be Worried About Suncorp Group Limited's (ASX:SUN) 8.2% Return On Equity? [Yahoo! Finance News]
SUNCORP GROUP LTD S/ADR (SNMCY)
NASDAQ:AMEX Investor Relations:
suncorpgroup.com.au/investors
Company Research
Source: Yahoo! Finance News
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity ROE) to better understand a business. We'll use ROE to examine Suncorp Group Limited ASX:SUN Our data shows Suncorp Group has a return on equity of 8.2% Check out our latest analysis for Suncorp Group How Do I Calculate Return On Equity? The formula for return on equity Return on Equity = Net Profit from continuing operations) ÷ Shareholders' Equity Or for Suncorp Group: 8.2% = AU$1.1b ÷ AU$13b Based on the trailing twelve months to June 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. It is all earnings retained by the company, plus any capital paid in by shareholders. Shareholders' equity can be calculated by subtracting the total liabilities of the company from the total assets of the company. What Does Return On Equity Signify? ROE looks at the
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News
- Australia's Suncorp to sell NZ life insurance business for $246 mln, shares rise [Reuters]Reuters
- Resolution Life to Acquire Asteron Life [Yahoo! Finance]Yahoo! Finance
- Suncorp Group (ASX:SUN) jumps 3.2% this week, though earnings growth is still tracking behind three-year shareholder returns [Yahoo! Finance]Yahoo! Finance