Sonoco's decent ROE comes with high debt levels, indicating ...

Moomoo AI Oct 31, 2023 21:54

Sonoco's decent ROE comes with high debt levels, indicating risk. High ROEs without excessive debt denote good quality. Among companies with similar debt-to-equity ratios, a higher ROE is preferable.

Did Sonoco Products Company (NYSE:SON) Use Debt To Deliver Its ROE Of 21%?

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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