The company's respectable ROE is overshadowed by the high le...

Moomoo AI Mar 2, 2024 20:48

The company's respectable ROE is overshadowed by the high level of debt used to achieve it, increasing risk and limiting future options. A high ROE without debt is typically a sign of a high-quality business.

Is Turning Point Brands, Inc.'s (NYSE:TPB) 25% 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. Read more

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