Canacol Energy Stock

Canacol Energy ROA 2024

Canacol Energy ROA

0

Ticker

CNE.TO

ISIN

CA1348082035

WKN

A1J9Z6

In 2024, Canacol Energy's return on assets (ROA) was 0, a -100% increase from the 0.15 ROA in the previous year.

Canacol Energy Aktienanalyse

What does Canacol Energy do?

Canacol Energy Ltd is a Canadian company specializing in the exploration, production, and marketing of natural gas and oil in Latin America. The company was founded in 1970 and is headquartered in Calgary. Canacol Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Canacol Energy's Return on Assets (ROA)

Canacol 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 Canacol 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 Canacol 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 Canacol 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 Canacol Energy stock

What is the Return on Assets (ROA) of Canacol Energy this year?

The Return on Assets (ROA) of Canacol Energy is 0 undefined this year.

What was the ROA of Canacol Energy compared to the previous year?

The ROA of Canacol Energy has increased by -100% compared to the previous year.

What consequences do high ROA have for investors of Canacol Energy?

A high ROA is advantageous for investors of Canacol 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 Canacol Energy?

A low ROA can be unfavorable for investors of Canacol 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 Canacol Energy affect the company?

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

How does a reduction in ROA of Canacol Energy impact the company?

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

What are some factors that can influence the ROA of Canacol Energy?

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

Why is the ROA of Canacol Energy important for investors?

The ROA of Canacol 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 Canacol Energy take to improve ROA?

To improve ROA, Canacol 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 Canacol Energy pay?

Over the past 12 months, Canacol Energy paid a dividend of 1.04 USD . This corresponds to a dividend yield of about 41.52 %. For the coming 12 months, Canacol Energy is expected to pay a dividend of 1.46 USD.

What is the dividend yield of Canacol Energy?

The current dividend yield of Canacol Energy is 41.52 %.

When does Canacol Energy pay dividends?

Canacol Energy pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Canacol Energy?

Canacol Energy paid dividends every year for the past 8 years.

What is the dividend of Canacol Energy?

For the upcoming 12 months, dividends amounting to 1.46 USD are expected. This corresponds to a dividend yield of 58.47 %.

In which sector is Canacol Energy located?

Canacol Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Canacol Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Canacol Energy from 1/15/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 12/28/2023.

When did Canacol Energy pay the last dividend?

The last dividend was paid out on 1/15/2024.

What was the dividend of Canacol Energy in the year 2023?

In the year 2023, Canacol Energy distributed 0.416 USD as dividends.

In which currency does Canacol Energy pay out the dividend?

The dividends of Canacol Energy are distributed in USD.

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Andere Kennzahlen von Canacol Energy

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