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Rite Aid Return On Equity

<div class='circular--portrait' style='background:#FCD202;color: white;font-size:3em;padding-top: 40px;;'>RIT</div>
RAD -- USA Stock  

Earning Report: April 9, 2020  

Rite Aid return on equity fundamental analysis lookup allows you to check this and other indicators for Rite Aid Corporation or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools
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This year Average Equity is expected to decline to about (1.7 B).

Rite Aid Return On Equity Analysis

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
 2014 2016 2019 2020 (projected)
Interest Expense449.57 M397.61 M357.85 M363.38 M
Gross Profit7.83 B7.58 B6.82 B4.68 B
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania. Rite Aid operates under Pharmaceutical Retailers classification in USA and is traded on BATS Exchange. It employs 32190 people.
Interest ExpenseGross Profit
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
More About Return On Equity | All Equity Analysis

Current Rite Aid Corporation Return On Equity

42.83 
ValuationFinancialsBuy or Sell

Rite Aid Return On Equity Over Time Pattern

 Rite Aid Return on Average Equity 
    
  Timeline 

About Return On Equity

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Compare to competition

Rite Aid Return On Equity Related Assessment

Shareholders Equity
Based on latest financial disclosure Rite Aid Corporation has Return On Equity of 42.83%. This is 278.68% lower than that of the Healthcare sector, and significantly higher than that of Pharmaceutical Retailers industry, The Return On Equity for all stocks is 13916.13% lower than the firm.

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Rite Aid Fundamentals

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Additionally, take a look at Rite Aid Piotroski F Score and Rite Aid Altman Z Score analysis. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.


 
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