High ROE might not suggest efficient profit generation, as i...
High ROE might not suggest efficient profit generation, as it might be due to high debt relative to equity, indicating risk. Herc Holdings' high ROE should be assessed cautiously due to its high debt level. Preferred are companies achieving high ROE without much debt.
Is Herc Holdings Inc.'s (NYSE:HRI) 31% ROE Better Than Average?
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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