What is the ROCE (Return on Capital Employed) of Cargojet this year?
The ROCE of Cargojet is 0.08 undefined this year.
Cargojet ROCE 2024
Cargojet ROCE
0.08
Ticker
CJT.TO
ISIN
CA14179V5036
WKN
A2PKMF
In 2024, Cargojet's return on capital employed (ROCE) was 0.08, a -60.22% increase from the 0.21 ROCE 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.ROCE Details
Unraveling Cargojet's Return on Capital Employed (ROCE)
Cargojet's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Cargojet's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Cargojet's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Cargojet’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Cargojet stock
How has the ROCE (Return on Capital Employed) of Cargojet developed compared to the previous year?
The ROCE of Cargojet has increased by -60.22% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Cargojet?
A high Return on Capital Employed (ROCE) indicates that Cargojet has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Cargojet?
A low ROCE (Return on Capital Employed) can indicate that Cargojet has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Cargojet impact the company?
An increase in the ROCE of Cargojet can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Cargojet affect the company?
A decrease in ROCE of Cargojet can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Cargojet?
Some factors that can affect Cargojet's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Cargojet so important for investors?
The ROCE of Cargojet is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Cargojet take to improve the ROCE?
To improve the ROCE, Cargojet can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Cargojet pay?
Over the past 12 months, Cargojet paid a dividend of 1.17 CAD . This corresponds to a dividend yield of about 0.98 %. 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 0.98 %.
When does Cargojet pay dividends?
Cargojet pays a quarterly dividend. This is distributed in the months of October, January, April, July.
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 1.15 %.
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 7/5/2024 amounting to 0.315 CAD, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.
When did Cargojet pay the last dividend?
The last dividend was paid out on 7/5/2024.
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.
