What is the Return on Assets (ROA) of Cargojet this year?
The Return on Assets (ROA) of Cargojet is 0.02 undefined this year.
Cargojet ROA 2024
Cargojet ROA
0.02
Ticker
CJT.TO
ISIN
CA14179V5036
WKN
A2PKMF
In 2024, Cargojet's return on assets (ROA) was 0.02, a -80.91% increase from the 0.1 ROA in the previous year.
Cargojet Aktienanalyse
What does Cargojet do?
Cargojet Inc is a leading air cargo company in Canada based in Mississauga, Ontario. The company was founded in 2002 and has been listed on the Toronto Stock Exchange since 2012. Cargojet offers high-quality air freight services within Canada and internationally. The history of Cargojet dates back to 2002 when the company was founded by Ajay Virmani. Virmani had previously worked in the air cargo industry and recognized the potential for a specialized air cargo company in Canada. The company started with a single aircraft and a limited network of flight connections. However, over the years, the company has grown significantly and is now one of the largest air cargo providers in Canada. Cargojet's business model is based on providing air freight services to various industries, such as logistics companies, e-commerce firms, automotive manufacturers, pharmaceutical and food industries, as well as government agencies. The company has an extensive fleet of cargo aircraft and offers both domestic and international air freight services. Cargojet is divided into various segments to meet the needs of its customers. These segments include national air cargo, international air cargo, ground handling services, and ACMI (Aircraft, Crew, Maintenance, and Insurance) charter services. With its strong presence and comprehensive coverage within Canada, Cargojet is well positioned to operate as an integrated air cargo provider. In addition to standardized air freight services, Cargojet also offers specialized services to meet the needs of its customers. The company has extensive experience in air freight logistics and provides customized solutions for customers with specific requirements. In addition to its core business areas, Cargojet is also involved in air mail delivery and works closely with the Canadian Post to ensure fast and reliable delivery of airmail. The company is also responsible for the delivery of medical supplies within Canada and played a crucial role in the distribution of COVID-19 vaccines within the country. Overall, Cargojet offers a comprehensive range of air freight services and is an important partner for companies in need of fast and reliable delivery of goods. The company has experienced strong growth in recent years and continues to work on improving its services and expanding its presence in the international market. Cargojet ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Cargojet's Return on Assets (ROA)
Cargojet'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 Cargojet'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 Cargojet'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 Cargojet’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 Cargojet stock
What was the ROA of Cargojet compared to the previous year?
The ROA of Cargojet has increased by -80.91% compared to the previous year.
What consequences do high ROA have for investors of Cargojet?
A high ROA is advantageous for investors of Cargojet, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Cargojet?
A low ROA can be unfavorable for investors of Cargojet 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 Cargojet affect the company?
An increase in ROA of Cargojet can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Cargojet impact the company?
A reduction in the ROA of Cargojet can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Cargojet?
Some factors that can influence the ROA of Cargojet include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Cargojet important for investors?
The ROA of Cargojet 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 Cargojet take to improve ROA?
To improve ROA, Cargojet 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 Cargojet pay?
Over the past 12 months, Cargojet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cargojet is expected to pay a dividend of 1.37 CAD.
What is the dividend yield of Cargojet?
The current dividend yield of Cargojet is .
When does Cargojet pay dividends?
Cargojet pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Cargojet?
Cargojet paid dividends every year for the past 23 years.
What is the dividend of Cargojet?
For the upcoming 12 months, dividends amounting to 1.37 CAD are expected. This corresponds to a dividend yield of 1.01 %.
In which sector is Cargojet located?
Cargojet is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Cargojet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cargojet from 10/4/2024 amounting to 0.35 CAD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.
When did Cargojet pay the last dividend?
The last dividend was paid out on 10/4/2024.
What was the dividend of Cargojet in the year 2023?
In the year 2023, Cargojet distributed 1.118 CAD as dividends.
In which currency does Cargojet pay out the dividend?
The dividends of Cargojet are distributed in CAD.
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Andere Kennzahlen von Cargojet
Our stock analysis for Cargojet 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 Cargojet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
