What is the Return on Assets (ROA) of Birks Group this year?
The Return on Assets (ROA) of Birks Group is -0.04 undefined this year.
Birks Group ROA 2024
Birks Group ROA
-0.04
Ticker
BGI
ISIN
CA09088U1093
WKN
A1W6EZ
In 2024, Birks Group's return on assets (ROA) was -0.04, a -629.64% increase from the 0.01 ROA in the previous year.
Birks Group Aktienanalyse
What does Birks Group do?
The company Birks Group Inc was founded by Henry Birks in Montreal, Canada in 1879. Originally, the company started as a jeweler that manufactured and sold high-quality jewelry. Over the years, however, the company has evolved and now offers a wide range of luxury goods. Birks Group Inc's business model is based on selling top-of-the-line luxury items such as jewelry, watches, and other accessories. The company specializes in the upper market segment and its products are known for their exquisite quality and design. Birks Group Inc is divided into different business areas. The most important area is the jewelry division, where the company offers a wide range of jewelry pieces such as rings, bracelets, necklaces, and earrings. High-quality materials such as gemstones, diamonds, and pearls are used in the production. The jewelry pieces are manufactured in their own workshops to better control and ensure quality. Another important business area is the watch division. Here, the company offers a wide selection of high-quality watches from renowned manufacturers. Brands such as Rolex, TAG Heuer, Cartier, Jaeger-LeCoultre, and more can be found in their collection. Again, the company places great emphasis on quality and design. In addition to jewelry and watches, Birks Group Inc also offers other luxury items such as leather goods, porcelain, crystal, and other accessories. These products come from leading brands worldwide, such as Lladró, Lalique, Waterford, and Royal Crown Derby. The company has a wide network of stores in Canada and the USA. The stores are either owned by Birks Group Inc or operated by authorized dealers. The company also operates an online shop, allowing customers to conveniently purchase products from the comfort of their homes. In recent years, Birks Group Inc has expanded its business to the Asian market. The company has established partnerships with some of the leading department stores in Asia to make its products accessible to a wider audience. Overall, Birks Group Inc has experienced strong growth in recent years. The company has diversified its product range and entered new markets. However, despite the growth, the quality of the products and attention to detail remain the foundation of the company. Birks Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Birks Group's Return on Assets (ROA)
Birks 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 Birks 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 Birks 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 Birks 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 Birks Group Stock
What was the ROA of Birks Group compared to the previous year?
The ROA of Birks Group has increased by -629.64% compared to the previous year.
What consequences do high ROA have for investors of Birks Group?
A high ROA is advantageous for investors of Birks 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 Birks Group?
A low ROA can be unfavorable for investors of Birks 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 Birks Group affect the company?
An increase in ROA of Birks Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Birks Group impact the company?
A reduction in the ROA of Birks Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Birks Group?
Some factors that can influence the ROA of Birks Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Birks Group important for investors?
The ROA of Birks 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 Birks Group take to improve ROA?
To improve ROA, Birks 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 Birks Group pay?
Over the past 12 months, Birks Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Birks Group is expected to pay a dividend of 0 CAD.
What is the dividend yield of Birks Group?
The current dividend yield of Birks Group is .
When does Birks Group pay dividends?
Birks Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Birks Group?
Birks Group paid dividends every year for the past 0 years.
What is the dividend of Birks Group?
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Birks Group located?
Birks Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Birks Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Birks Group from 7/3/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 7/3/2024.
When did Birks Group pay the last dividend?
The last dividend was paid out on 7/3/2024.
What was the dividend of Birks Group in the year 2023?
In the year 2023, Birks Group distributed 0 CAD as dividends.
In which currency does Birks Group pay out the dividend?
The dividends of Birks Group are distributed in CAD.
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Andere Kennzahlen von Birks Group
Our stock analysis for Birks 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 Birks Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
