To The Moon

One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity to better understand a business. By way of learning-by-doing, we'll look at ROE to gain a better understanding of Planet Image International Limited .ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. Put another way, it reveals the company's success at turning shareholder investments into profits.Check out our latest analysis for Planet Image International. Return on Equity = Net Profit ÷ Shareholders' Equity. So, based on the above formula, the ROE for Planet Image International is:. Does Planet Image International Have A Good ROE?Planet Image International clearly uses a high amount of debt to boost returns, as it has a debt to equity ratio of 1.19. Its ROE is pretty impressive but, it would have probably been lower without