What is the Return on Assets (ROA) of Absa Group this year?
The Return on Assets (ROA) of Absa Group is 0.01 undefined this year.
Absa Group ROA 2024
Absa Group ROA
0.01
Ticker
ABG.JO
ISIN
ZAE000255915
WKN
A2JE9V
In 2024, Absa Group's return on assets (ROA) was 0.01, a -6.18% increase from the 0.01 ROA in the previous year.
Absa Group Aktienanalyse
What does Absa Group do?
The Absa Group Ltd is one of the leading banks in Africa and is headquartered in Johannesburg, South Africa. The bank was originally founded in 1991 under the name Amalgamated Banks of South Africa. Since then, the company has undergone significant development and is now active throughout the African continent as Absa Group Ltd. Absa's business model is based on offering financial services such as loans, savings accounts, insurance, and investment products to build long-term customer loyalty and trust. The bank focuses on both retail and business customers, as well as small businesses. In the investment banking sector, Absa Group Ltd offers a wide range of financial services, ranging from mergers and acquisitions to asset management. The bank also operates in umbrella sectors, including asset management, treasury, and risk management. Absa Group Ltd operates in eleven African countries and is a market leader in southern Africa and one of the largest banking groups on the continent. The company employs over 32,000 people. The key countries where the bank operates include South Africa, Uganda, Ghana, Kenya, and Tanzania. A key focus of Absa Group Ltd is supporting the economy of the African continent. The bank is involved in numerous initiatives to promote economic growth and sustainability. In 2018, the bank launched an economic forum with the goal of increasing business opportunities and investments in Africa. Another initiative is the Absa Culture Program, which aims to promote art and culture in Africa. Absa's product portfolio is diverse and includes loans, accounts, insurance, and investment products. The bank offers both traditional and digital services, including a mobile app, online banking, mobile money transfers, and a digital exchange. One of Absa's main products is the current account, which caters to retail customers and businesses. The account provides basic banking services such as transfers, cash withdrawals, account statements, and deposit facilities. Absa also offers various card options, including debit cards and credit cards. Another core product is loans, which are provided to both retail and business customers. The bank ensures that its borrowers have a stable financial situation and that the loan has a positive impact on the borrowers. Absa also offers a special SME (Small and Medium Enterprises) loan offering aimed at supporting small businesses and helping them grow. Asset management is another major focus for Absa. The bank offers investment products such as stocks, bonds, investment funds, and hedge funds to help customers diversify their wealth and maximize return on investment (ROI). In summary, Absa Group Ltd is one of the largest and most successful banking groups in Africa. With its wide range of financial services, strong presence on the continent, and commitment to economic growth and sustainability, the bank has established itself as a key player in the African financial industry. Absa Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Absa Group's Return on Assets (ROA)
Absa Group'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 Absa Group'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 Absa Group'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 Absa Group’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 Absa Group stock
What was the ROA of Absa Group compared to the previous year?
The ROA of Absa Group has increased by -6.18% compared to the previous year.
What consequences do high ROA have for investors of Absa Group?
A high ROA is advantageous for investors of Absa Group, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Absa Group?
A low ROA can be unfavorable for investors of Absa Group 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 Absa Group affect the company?
An increase in ROA of Absa Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Absa Group impact the company?
A reduction in the ROA of Absa Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Absa Group?
Some factors that can influence the ROA of Absa Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Absa Group important for investors?
The ROA of Absa Group 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 Absa Group take to improve ROA?
To improve ROA, Absa Group 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 Absa Group pay?
Over the past 12 months, Absa Group paid a dividend of 13.35 ZAR . This corresponds to a dividend yield of about 0.08 %. For the coming 12 months, Absa Group is expected to pay a dividend of 14.41 ZAR.
What is the dividend yield of Absa Group?
The current dividend yield of Absa Group is 0.08 %.
When does Absa Group pay dividends?
Absa Group pays a quarterly dividend. This is distributed in the months of October, May, October, October.
How secure is the dividend of Absa Group?
Absa Group paid dividends every year for the past 23 years.
What is the dividend of Absa Group?
For the upcoming 12 months, dividends amounting to 14.41 ZAR are expected. This corresponds to a dividend yield of 0.08 %.
In which sector is Absa Group located?
Absa Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Absa Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Absa Group from 9/16/2024 amounting to 0.38 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Absa Group pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of Absa Group in the year 2023?
In the year 2023, Absa Group distributed 11.25 ZAR as dividends.
In which currency does Absa Group pay out the dividend?
The dividends of Absa Group are distributed in ZAR.
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Andere Kennzahlen von Absa Group
Our stock analysis for Absa Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Absa Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
