What is the Return on Assets (ROA) of CGX Energy this year?
The Return on Assets (ROA) of CGX Energy is -0.04 undefined this year.
CGX Energy ROA 2024
CGX Energy ROA
-0.04
Ticker
OYL.V
ISIN
CA1254055066
WKN
A1W2NW
In 2024, CGX Energy's return on assets (ROA) was -0.04, a -65.07% increase from the -0.11 ROA in the previous year.
CGX Energy Aktienanalyse
What does CGX Energy do?
CGX Energy Inc is a leading company in the natural gas and oil industry. The company is based in Canada and is engaged in the exploration, development, and production of oil and gas in South America and the Caribbean. CGX Energy was founded in 1998 and has had an impressive track record in exploring oil and gas reserves in South America and the Caribbean. The company focuses on developing reserves in the coastal regions of Guyana, Suriname, and Trinidad, as well as the Suriname-Guyana basin. CGX Energy's business model is based on the development of new and productive oil and gas reserves in the region. The company utilizes state-of-the-art technologies and methods in exploration to identify the best resources. With a strategy focused on continuous innovation and efficient production methods, CGX Energy has acquired a leading position in the region. An important part of CGX Energy's business model is collaborating with other companies, particularly local businesses. The company works closely with communities to create local jobs and support the economy in the region. The various divisions of CGX Energy include exploration, development, and production of oil and gas. The company is working on various projects in the region, including the Suriname-Guyana basin, which is considered one of the most promising regions for oil and gas exploration in the world. In addition to its work in the oil and gas industry, CGX Energy is also involved in renewable energy. The company has begun investing in wind and solar energy to meet the growing demand for sustainable energy sources. CGX Energy's products include a variety of oil and gas products, from crude oil to refined products such as gasoline and diesel. The company is constantly working to expand and diversify its product line to meet the growing energy needs in the region. Overall, CGX Energy is a leading company in the oil and gas industry in the region. With a strong focus on innovation and efficiency, the company offers high-quality products and services to its customers. Through collaboration with local businesses and communities, CGX Energy also contributes to the development of the region and supports the local economy and residents. CGX Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding CGX Energy's Return on Assets (ROA)
CGX Energy'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 CGX Energy'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 CGX Energy'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 CGX Energy’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 CGX Energy stock
What was the ROA of CGX Energy compared to the previous year?
The ROA of CGX Energy has increased by -65.07% compared to the previous year.
What consequences do high ROA have for investors of CGX Energy?
A high ROA is advantageous for investors of CGX Energy, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in CGX Energy?
A low ROA can be unfavorable for investors of CGX Energy 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 CGX Energy affect the company?
An increase in ROA of CGX Energy can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of CGX Energy impact the company?
A reduction in the ROA of CGX Energy can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of CGX Energy?
Some factors that can influence the ROA of CGX Energy include revenue, operating costs, asset structure, and industry average.
Why is the ROA of CGX Energy important for investors?
The ROA of CGX Energy 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 CGX Energy take to improve ROA?
To improve ROA, CGX Energy 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 CGX Energy pay?
Over the past 12 months, CGX Energy paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CGX Energy is expected to pay a dividend of 0 USD.
What is the dividend yield of CGX Energy?
The current dividend yield of CGX Energy is .
When does CGX Energy pay dividends?
CGX Energy pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of CGX Energy?
CGX Energy paid dividends every year for the past 0 years.
What is the dividend of CGX Energy?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is CGX Energy located?
CGX Energy is assigned to the 'Energy' sector.
Wann musste ich die Aktien von CGX Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CGX Energy from 10/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.
When did CGX Energy pay the last dividend?
The last dividend was paid out on 10/1/2024.
What was the dividend of CGX Energy in the year 2023?
In the year 2023, CGX Energy distributed 0 USD as dividends.
In which currency does CGX Energy pay out the dividend?
The dividends of CGX Energy are distributed in USD.
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Andere Kennzahlen von CGX Energy
Our stock analysis for CGX Energy 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 CGX Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
