Mach Natural Resources Lp Common Representing Partner(Mnr) Financials: Return On Equity Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on equity
This chart shows the historical trend of return on equity for MNR compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Equity (ROE)
Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.
Interpretation:
• In '2021', MNR's return on equity was 49.6%, measuring profitability for shareholders. Industry average for Oil & Gas Production in '2021' stood at 20.8%.
• In '2022', MNR's return on equity was 370.9%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Oil & Gas Production in '2022' stood at 42.4%. Industry average increased by 21.7% compared to previous year.
Overall, MNR's return on equity has been volatile but showed an upward trend over the past 2 years.
Formula: ROE = Net Income / Shareholders' Equity
Good Range: 10%-20% desirable for many industries.