Published on 19 Jun 2024 on Simply Wall St. · via Yahoo Finance
Is Comstock Resources, Inc.'s (NYSE:CRK) ROE Of 2.5% Concerning?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Equity (ROE). By way of learning-by-doing, we'll look at ROE to gain a better understanding of Comstock Resources, Inc. (NYSE:CRK).
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.