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Algoma Central Stock

Algoma Central ROA 2024

Algoma Central ROA

0.06

Ticker

ALC.TO

ISIN

CA0156441077

WKN

850177

In 2024, Algoma Central's return on assets (ROA) was 0.06, a -29.82% increase from the 0.09 ROA in the previous year.

Algoma Central Aktienanalyse

What does Algoma Central do?

Algoma Central ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Algoma Central's Return on Assets (ROA)

Algoma Central'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 Algoma Central'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 Algoma Central'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 Algoma Central’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 Algoma Central stock

What is the Return on Assets (ROA) of Algoma Central this year?

The Return on Assets (ROA) of Algoma Central is 0.06 undefined this year.

What was the ROA of Algoma Central compared to the previous year?

The ROA of Algoma Central has increased by -29.82% compared to the previous year.

What consequences do high ROA have for investors of Algoma Central?

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

What are the consequences of low ROA for investors in Algoma Central?

A low ROA can be unfavorable for investors of Algoma Central 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 Algoma Central affect the company?

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

How does a reduction in ROA of Algoma Central impact the company?

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

What are some factors that can influence the ROA of Algoma Central?

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

Why is the ROA of Algoma Central important for investors?

The ROA of Algoma Central 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 Algoma Central take to improve ROA?

To improve ROA, Algoma Central 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 Algoma Central pay?

Over the past 12 months, Algoma Central paid a dividend of 2.07 CAD . This corresponds to a dividend yield of about 14.23 %. For the coming 12 months, Algoma Central is expected to pay a dividend of 2.18 CAD.

What is the dividend yield of Algoma Central?

The current dividend yield of Algoma Central is 14.23 %.

When does Algoma Central pay dividends?

Algoma Central pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Algoma Central?

Algoma Central paid dividends every year for the past 23 years.

What is the dividend of Algoma Central?

For the upcoming 12 months, dividends amounting to 2.18 CAD are expected. This corresponds to a dividend yield of 15.02 %.

In which sector is Algoma Central located?

Algoma Central is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Algoma Central kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Algoma Central from 9/3/2024 amounting to 0.19 CAD, you needed to have the stock in your portfolio before the ex-date on 8/20/2024.

When did Algoma Central pay the last dividend?

The last dividend was paid out on 9/3/2024.

What was the dividend of Algoma Central in the year 2023?

In the year 2023, Algoma Central distributed 0.68 CAD as dividends.

In which currency does Algoma Central pay out the dividend?

The dividends of Algoma Central are distributed in CAD.

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Andere Kennzahlen von Algoma Central

Our stock analysis for Algoma Central 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 Algoma Central Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.