North American Construction's ROE
This is a news story, published by Yahoo Finance (Canada), that relates primarily to North American Construction Group Ltd. news.
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Good ROESimply Wall St
•Did North American Construction Group Ltd. (TSE:NOA) Use Debt To Deliver Its ROE Of 14%?
82% Informative
North American Construction Group Ltd. ( TSE : NOA ) Its 14% return on equity is a key measure for company's ability to turn profits into profits.
ROE is a useful indicator of the ability to generate profits and return them to shareholders.
The company has a debt to equity ratio of 1.91 .
While its return is respectable, the amount of debt the company is carrying is not ideal.
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