What is the Return on Assets (ROA) of Canare Electric Co this year?
The Return on Assets (ROA) of Canare Electric Co is 0.06 undefined this year.
In 2024, Canare Electric Co's return on assets (ROA) was 0.06, a 28.25% increase from the 0.05 ROA in the previous year.
Canare Electric Co'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.
Comparing Canare Electric Co'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.
Investors consider Canare Electric Co'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.
Variations in Canare Electric Co’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.
The Return on Assets (ROA) of Canare Electric Co is 0.06 undefined this year.
The ROA of Canare Electric Co has increased by 28.25% compared to the previous year.
A high ROA is advantageous for investors of Canare Electric Co, as it indicates that the company efficiently utilizes its assets and generates good profits.
A low ROA can be unfavorable for investors of Canare Electric Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
An increase in ROA of Canare Electric Co can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of Canare Electric Co can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of Canare Electric Co include revenue, operating costs, asset structure, and industry average.
The ROA of Canare Electric Co 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.
To improve ROA, Canare Electric Co 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.
Over the past 12 months, Canare Electric Co paid a dividend of 62 JPY . This corresponds to a dividend yield of about 4.38 %. For the coming 12 months, Canare Electric Co is expected to pay a dividend of 62 JPY.
The current dividend yield of Canare Electric Co is 4.38 %.
Canare Electric Co pays a quarterly dividend. This is distributed in the months of July, January, July, January.
Canare Electric Co paid dividends every year for the past 18 years.
For the upcoming 12 months, dividends amounting to 62 JPY are expected. This corresponds to a dividend yield of 4.38 %.
Canare Electric Co is assigned to the 'Industry' sector.
To receive the latest dividend of Canare Electric Co from 3/1/2025 amounting to 28 JPY, you needed to have the stock in your portfolio before the ex-date on 12/27/2024.
The last dividend was paid out on 3/1/2025.
In the year 2023, Canare Electric Co distributed 35 JPY as dividends.
The dividends of Canare Electric Co are distributed in JPY.
Our stock analysis for Canare Electric Co 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 Canare Electric Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.