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Bytes Technology Group Stock

Bytes Technology Group ROA 2024

Bytes Technology Group ROA

0.12

Ticker

BYIT.L

ISIN

GB00BMH18Q19

WKN

A2QKSG

In 2024, Bytes Technology Group's return on assets (ROA) was 0.12, a 6.49% increase from the 0.12 ROA in the previous year.

Bytes Technology Group Aktienanalyse

What does Bytes Technology Group do?

Bytes Technology Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Bytes Technology Group's Return on Assets (ROA)

Bytes Technology 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 Bytes Technology 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 Bytes Technology 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 Bytes Technology 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 Bytes Technology Group stock

What is the Return on Assets (ROA) of Bytes Technology Group this year?

The Return on Assets (ROA) of Bytes Technology Group is 0.12 undefined this year.

What was the ROA of Bytes Technology Group compared to the previous year?

The ROA of Bytes Technology Group has increased by 6.49% compared to the previous year.

What consequences do high ROA have for investors of Bytes Technology Group?

A high ROA is advantageous for investors of Bytes Technology 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 Bytes Technology Group?

A low ROA can be unfavorable for investors of Bytes Technology 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 Bytes Technology Group affect the company?

An increase in ROA of Bytes Technology Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Bytes Technology Group impact the company?

A reduction in the ROA of Bytes Technology Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Bytes Technology Group?

Some factors that can influence the ROA of Bytes Technology Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Bytes Technology Group important for investors?

The ROA of Bytes Technology 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 Bytes Technology Group take to improve ROA?

To improve ROA, Bytes Technology 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 Bytes Technology Group pay?

Over the past 12 months, Bytes Technology Group paid a dividend of 0.09 GBP . This corresponds to a dividend yield of about 2.14 %. For the coming 12 months, Bytes Technology Group is expected to pay a dividend of 0.12 GBP.

What is the dividend yield of Bytes Technology Group?

The current dividend yield of Bytes Technology Group is 2.14 %.

When does Bytes Technology Group pay dividends?

Bytes Technology Group pays a quarterly dividend. This is distributed in the months of August, December, August, December.

How secure is the dividend of Bytes Technology Group?

Bytes Technology Group paid dividends every year for the past 7 years.

What is the dividend of Bytes Technology Group?

For the upcoming 12 months, dividends amounting to 0.12 GBP are expected. This corresponds to a dividend yield of 2.87 %.

In which sector is Bytes Technology Group located?

Bytes Technology Group is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Bytes Technology Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Bytes Technology Group from 11/22/2024 amounting to 0.031 GBP, you needed to have the stock in your portfolio before the ex-date on 11/7/2024.

When did Bytes Technology Group pay the last dividend?

The last dividend was paid out on 11/22/2024.

What was the dividend of Bytes Technology Group in the year 2023?

In the year 2023, Bytes Technology Group distributed 0.102 GBP as dividends.

In which currency does Bytes Technology Group pay out the dividend?

The dividends of Bytes Technology Group are distributed in GBP.

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Andere Kennzahlen von Bytes Technology Group

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