Mid-Con Partners LP Ret. on equity
What is the Ret. on equity of Mid-Con Partners LP?
The Ret. on equity of Mid-Con Energy Partners LP is -30.07%
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 Energy sector on NASDAQ compared to Mid-Con Partners LP
Companies with ret. on equity similar to Mid-Con Partners LP
- Trillium Therapeutics has Ret. on equity of -30.19%
- Ocuphire Pharma has Ret. on equity of -30.19%
- Amethystum Storage Technology Co., Ltd has Ret. on equity of -30.14%
- Winston Capital has Ret. on equity of -30.12%
- China Tianbao Development has Ret. on equity of -30.10%
- Vaxcyte has Ret. on equity of -30.07%
- Mid-Con Partners LP has Ret. on equity of -30.07%
- Silo Pharma Inc has Ret. on equity of -30.06%
- Milan Station has Ret. on equity of -30.06%
- The Conygar Investment PLC has Ret. on equity of -30.04%
- Antler Gold has Ret. on equity of -30.04%
- China New has Ret. on equity of -30.03%
- Vuzix has Ret. on equity of -29.99%