AKITA Drilling ROA 2024

AKITA Drilling Aktienanalyse

What does AKITA Drilling do?

AKITA Drilling Ltd is a Canadian company specializing in providing drilling and exploration services to customers in North America. The company was founded in 1993 and is headquartered in Calgary, Alberta. It operates a fleet of 31 drilling rigs in various regions of Canada and the USA. AKITA Drilling offers a wide range of services, from planning and preparing drilling sites to conducting drilling and exploration work. The company is known for its ability to perform drilling in challenging geological conditions and specializes in horizontal well drilling. It also provides additional value-added services such as testing and analysis to determine well productivity and consulting services for project planning and optimization. AKITA Drilling has a strong reputation in the oil and gas industry for its high-quality work, technological advancements, and efficient operations. It continues to invest in modernizing its drilling rigs and methods to provide customers with the best solutions and services in the future. AKITA Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding AKITA Drilling's Return on Assets (ROA)

AKITA Drilling's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing AKITA Drilling's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider AKITA Drilling's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in AKITA Drilling’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about AKITA Drilling stock

What is the Return on Assets (ROA) of AKITA Drilling this year?

The Return on Assets (ROA) of AKITA Drilling is 0.07 undefined this year.

What was the ROA of AKITA Drilling compared to the previous year?

The ROA of AKITA Drilling has increased by 337.01% compared to the previous year.

What consequences do high ROA have for investors of AKITA Drilling?

A high ROA is advantageous for investors of AKITA Drilling, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in AKITA Drilling?

A low ROA can be unfavorable for investors of AKITA Drilling as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of AKITA Drilling affect the company?

An increase in ROA of AKITA Drilling can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of AKITA Drilling impact the company?

A reduction in the ROA of AKITA Drilling can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of AKITA Drilling?

Some factors that can influence the ROA of AKITA Drilling include revenue, operating costs, asset structure, and industry average.

Why is the ROA of AKITA Drilling important for investors?

The ROA of AKITA Drilling is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can AKITA Drilling take to improve ROA?

To improve ROA, AKITA Drilling can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does AKITA Drilling pay?

Over the past 12 months, AKITA Drilling paid a dividend of 0.17 CAD . This corresponds to a dividend yield of about 10.43 %. For the coming 12 months, AKITA Drilling is expected to pay a dividend of 0 CAD.

What is the dividend yield of AKITA Drilling?

The current dividend yield of AKITA Drilling is 10.43 %.

When does AKITA Drilling pay dividends?

AKITA Drilling pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of AKITA Drilling?

AKITA Drilling paid dividends every year for the past 3 years.

What is the dividend of AKITA Drilling?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is AKITA Drilling located?

AKITA Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von AKITA Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of AKITA Drilling from 7/3/2019 amounting to 0.085 CAD, you needed to have the stock in your portfolio before the ex-date on 6/18/2019.

When did AKITA Drilling pay the last dividend?

The last dividend was paid out on 7/3/2019.

What was the dividend of AKITA Drilling in the year 2023?

In the year 2023, AKITA Drilling distributed 0 CAD as dividends.

In which currency does AKITA Drilling pay out the dividend?

The dividends of AKITA Drilling are distributed in CAD.