Artesian Resources Ret. on equity
What is the Ret. on equity of Artesian Resources?
The Ret. on equity of Artesian Resources Corp. is 7.90%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Utilities sector on NASDAQ compared to Artesian Resources
What does Artesian Resources do?
artesian water company, inc. owns, operates, and maintains water treatment and water distribution systems in delaware. it offers water meter reading, automated billing, water plant operations, and operational support services. the company also provides project management, and water and wastewater related services. in addition, it operates wastewater treatment facilities. the company was founded in 1905 and is based in newark, delaware. artesian water company, inc. operates as a subsidiary of artesian resources corp.
Companies with ret. on equity similar to Artesian Resources
- Vishay Intertechnology has Ret. on equity of 7.89%
- Omkar Speciality Chemicals has Ret. on equity of 7.89%
- LMP Capital and Income Fund Inc has Ret. on equity of 7.89%
- Samkrg Pistons and Rings has Ret. on equity of 7.90%
- Abbey plc has Ret. on equity of 7.90%
- Abbey plc has Ret. on equity of 7.90%
- Artesian Resources has Ret. on equity of 7.90%
- Slate Retail REIT has Ret. on equity of 7.90%
- Sterling Bancorp has Ret. on equity of 7.90%
- Triple Point Social Housing Reit Plc has Ret. on equity of 7.90%
- Five Point has Ret. on equity of 7.91%
- Ultralife Corp has Ret. on equity of 7.91%
- Wah Fu Education Ltd has Ret. on equity of 7.91%