Syncora Ret. on equity

What is the Ret. on equity of Syncora?

The Ret. on equity of Syncora Holdings Ltd. is -3.60%

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.

What does Syncora do?

SHL Holdings Ltd. does not have significant operations. It was previously engaged in the provision of financial guarantee insurance and reinsurance, and credit enhancement for the obligations of debt issuers. The company was formerly known as Syncora Holdings Ltd. and changed its name to SHL Holdings Ltd. in December 2020. SHL Holdings Ltd. was founded in 2006 and is headquartered in Hamilton, Bermuda.

Companies with ret. on equity similar to Syncora

Avaya has Ret. on equity of -3.64%
Proactis SA has Ret. on equity of -3.64%
Lai Si Enterprise has Ret. on equity of -3.64%
Technology Metals Australia has Ret. on equity of -3.63%
Global Vanadium has Ret. on equity of -3.63%
Hitech has Ret. on equity of -3.60%
Syncora has Ret. on equity of -3.60%
Sheung Moon has Ret. on equity of -3.60%
Texmaco Infrastructure & has Ret. on equity of -3.59%
Datametrex AI has Ret. on equity of -3.59%
New Leaf Ventures Inc has Ret. on equity of -3.59%
Soundwill has Ret. on equity of -3.58%
Jindal Stainless has Ret. on equity of -3.58%