What is the ROE (Return on Equity) of Birks Group this year?
The ROE of Birks Group this year is 12.33 undefined.
Birks Group ROE 2024
Birks Group ROE
12.33
Ticker
BGI
ISIN
CA09088U1093
WKN
A1W6EZ
In 2024, Birks Group's return on equity (ROE) was 12.33, a 5,497.44% increase from the 0.22 ROE 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.ROE Details
Decoding Birks Group's Return on Equity (ROE)
Birks Group's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Birks Group's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Birks Group's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Birks Group’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Birks Group Stock
How has the Return on Equity (ROE) of Birks Group developed compared to the previous year?
The ROE of Birks Group has increased by 5,497.44% increased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Birks Group?
A high ROE indicates that Birks Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Birks Group?
A low ROE can indicate that Birks Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Birks Group affect the company?
A change in ROE (Return on Equity) of Birks Group can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Birks Group?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Birks Group?
Some factors that can influence Birks Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
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.
