M

Magellan Energy Ltd
OTC:MGLG

Watchlist Manager
Magellan Energy Ltd
OTC:MGLG
Watchlist
Price: 0.0001 USD Market Closed
Market Cap: 7.8k USD

ROE
Return on Equity

-94.4%
Current
-31%
Average
5.1%
Industry

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-94.4%
=
Net Income
-5.4m
/
Equity
4.2m

ROE Across Competitors

Magellan Energy Ltd
Glance View

Magellan Energy Ltd. engages in the exploration and acquisition of properties. The company is headquartered in Conshohocken, Pennsylvania and currently employs 377 full-time employees. The company went IPO on 2001-07-20. The Company’s objective is to acquire properties with potential for increased production. The company is engaged in development and drilling.

MGLG Intrinsic Value
Not Available
M
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-94.4%
=
Net Income
-5.4m
/
Equity
4.2m
What is the ROE of Magellan Energy Ltd?

Based on Magellan Energy Ltd's most recent financial statements, the company has ROE of -94.4%.

Back to Top