Published on 21 Oct 2021 on Simply Wall St. via Yahoo Finance
Should We Be Cautious About South Jersey Industries, Inc.'s (NYSE:SJI) ROE Of 4.8%?
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 South Jersey Industries, Inc. (NYSE:SJI), by way of a worked example.
Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company's success at turning shareholder investments into profits.
View our latest analysis for South Jersey Industries