RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Bid Corporation ROA 2024

Bid Corporation ROA

0.06

Bid Corporation Dividend yield

0.02 %

Ticker

BID.JO

ISIN

ZAE000216537

WKN

A2AHEP

In 2024, Bid Corporation's return on assets (ROA) was 0.06, a 6.49% increase from the 0.06 ROA in the previous year.

Bid Corporation Aktienanalyse

What does Bid Corporation do?

Bid Corporation Ltd, also known as Bidfood, is a leading company in the food industry. Founded in 1988 as Bidvest, the company is headquartered in Johannesburg, South Africa. Bid Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Bid Corporation's Return on Assets (ROA)

Bid Corporation'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 Bid Corporation'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 Bid Corporation'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 Bid Corporation’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 Bid Corporation Stock

What is the Return on Assets (ROA) of Bid Corporation this year?

The Return on Assets (ROA) of Bid Corporation is 0.06 undefined this year.

What was the ROA of Bid Corporation compared to the previous year?

The ROA of Bid Corporation has increased by 6.49% compared to the previous year.

What consequences do high ROA have for investors of Bid Corporation?

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

What are the consequences of low ROA for investors in Bid Corporation?

A low ROA can be unfavorable for investors of Bid Corporation 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 Bid Corporation affect the company?

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

How does a reduction in ROA of Bid Corporation impact the company?

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

What are some factors that can influence the ROA of Bid Corporation?

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

Why is the ROA of Bid Corporation important for investors?

The ROA of Bid Corporation 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 Bid Corporation take to improve ROA?

To improve ROA, Bid Corporation 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 Bid Corporation pay?

Over the past 12 months, Bid Corporation paid a dividend of 9.4 ZAR . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, Bid Corporation is expected to pay a dividend of 10.07 ZAR.

What is the dividend yield of Bid Corporation?

The current dividend yield of Bid Corporation is 0.02 %.

When does Bid Corporation pay dividends?

Bid Corporation pays a quarterly dividend. This is distributed in the months of April, October, April, April.

How secure is the dividend of Bid Corporation?

Bid Corporation paid dividends every year for the past 12 years.

What is the dividend of Bid Corporation?

For the upcoming 12 months, dividends amounting to 10.07 ZAR are expected. This corresponds to a dividend yield of 0.02 %.

In which sector is Bid Corporation located?

Bid Corporation is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Bid Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bid Corporation from 3/25/2024 amounting to 5.25 ZAR, you needed to have the stock in your portfolio before the ex-date on 3/21/2024.

When did Bid Corporation pay the last dividend?

The last dividend was paid out on 3/25/2024.

What was the dividend of Bid Corporation in the year 2023?

In the year 2023, Bid Corporation distributed 7 ZAR as dividends.

In which currency does Bid Corporation pay out the dividend?

The dividends of Bid Corporation are distributed in ZAR.

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Andere Kennzahlen von Bid Corporation

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