The average return on equity declined from 20.47 to 18.66 percent, due to the decrease in return on net operating assets(RNOA) from 20.42 to 19.79 percent by the impacts of retreat in Net operating profit margin(NOPM). The other reason comes from the decline in Returns from non-operating activities to (1.13) as compared to 0.05 , and that can be explained by the RONA which lies below NBC, thus the spread is negative and the unfavorable leverage reduced ROE.
The amount of cash that Etisalat UAE generates by the end of June 2017, and after accounting for all capital expenditures increased to AED 2,875,86 million as compared to AED 2,073,19 million during the same period of the previous year.
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The amount of cash that Etisalat UAE generates by the end of June 2017, and after accounting for all capital expenditures increased to AED 2,875,86 million as compared to AED 2,073,19 million during the same period of the previous year.
Read or download full article》
Etisalat: A review on return on equity in terms of TTM
Reviewed by Badraldin Alhaj
on
August 31, 2017
Rating:
Reviewed by Badraldin Alhaj
on
August 31, 2017
Rating:
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