Well, let’s take a look at what’s transpiring with margins and if the rest of the industry is experiencing the hit as well. More In terms of returns from investment, Legal & General Group has invested its equity funds well leading to a 21% return on equity , above the sensible minimum of 20%. However, its return on assets of 0.4% is below the GB Insurance industry of 1.4%, indicating Legal & General Group’s are utilized less efficiently. Though, its return on capital , which also accounts for Legal & General Group’s debt level, has increased over the past 3 years from 0.3% to 0.5%.
This correlates with a decrease in debt holding, with debt-to-equity ratio declining from 63% to 52% over the past 5 years. This may not be consistent with full year annual report figures. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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