Algoma Central Stock

Algoma Central ROCE 2024

Algoma Central ROCE

0.1

Ticker

ALC.TO

ISIN

CA0156441077

WKN

850177

In 2024, Algoma Central's return on capital employed (ROCE) was 0.1, a -20.58% increase from the 0.12 ROCE in the previous year.

Algoma Central Aktienanalyse

What does Algoma Central do?

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

ROCE Details

Unraveling Algoma Central's Return on Capital Employed (ROCE)

Algoma Central's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Algoma Central's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Algoma Central's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Algoma Central’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Algoma Central stock

What is the ROCE (Return on Capital Employed) of Algoma Central this year?

The ROCE of Algoma Central is 0.1 undefined this year.

How has the ROCE (Return on Capital Employed) of Algoma Central developed compared to the previous year?

The ROCE of Algoma Central has increased by -20.58% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Algoma Central?

A high Return on Capital Employed (ROCE) indicates that Algoma Central has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Algoma Central?

A low ROCE (Return on Capital Employed) can indicate that Algoma Central has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Algoma Central impact the company?

An increase in the ROCE of Algoma Central can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Algoma Central affect the company?

A decrease in ROCE of Algoma Central can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect Algoma Central's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Algoma Central so important for investors?

The ROCE of Algoma Central is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Algoma Central take to improve the ROCE?

To improve the ROCE, Algoma Central can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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.