Published on 2 Apr 2024 on Simply Wall St. via Yahoo Finance
Are Gilat Satellite Networks Ltd.'s (NASDAQ:GILT) Mixed Financials The Reason For Its Gloomy...
Gilat Satellite Networks (NASDAQ:GILT) has had a rough three months with its share price down 12%. We, however decided to study the company's financials to determine if they have got anything to do with the price decline. Long-term fundamentals are usually what drive market outcomes, so it's worth paying close attention. Particularly, we will be paying attention to Gilat Satellite Networks' ROE today.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
Check out our latest analysis for Gilat Satellite Networks