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Cartier Iron Stock

Cartier Iron ROA 2024

Cartier Iron ROA

-1.3

Ticker

CFE.CN

ISIN

CA1467611010

WKN

A1KB3F

In 2024, Cartier Iron's return on assets (ROA) was -1.3, a 238.44% increase from the -0.38 ROA in the previous year.

Cartier Iron Aktienanalyse

What does Cartier Iron do?

Cartier Iron Corp is a Canadian mining company that focuses on the exploration, development, and production of iron ore. The company was founded in 2006 under the name Cartier Resources and initially focused on the exploration of gold and cobalt. In 2018, the company shifted its focus to iron ore production and renamed itself Cartier Iron Corp. The business model of Cartier Iron Corp is based on finding and developing high-quality iron ore deposits to later sell them. The company works closely with communities and landowners near its projects to ensure that environmental impacts are avoided and local jobs are created. Cartier Iron Corp has projects in Quebec, Canada, one of the world's major iron ore producers. The various divisions of Cartier Iron Corp are the exploration, development, and production of iron ore. The company strives to find and develop high-quality deposits to meet the increasing global demand for iron ore. Iron ore is used in the production of steel, making the iron ore market heavily dependent on steel demand. Cartier Iron Corp has a team of experienced geologists and mining specialists who assess the quality of iron ore deposits and identify the best methods for their development. The company currently operates three projects in Quebec: the Gagnon, Borel, and Lake Brouillard projects. The Gagnon project is the most significant project for Cartier Iron Corp. This project holds over 300 million tons of high-quality iron ore. The company plans to build a mine in the coming years to extract and sell the iron ore. An economic feasibility study of the project was completed in 2019 and confirmed its significant potential. The Borel project is located near the Gagnon project and was acquired by Cartier Iron Corp in 2018. There are indications of the presence of iron ore deposits that are being investigated by the company. The Lake Brouillard project was inherited by Cartier Iron Corp and is also located in Quebec. The company has conducted geophysical surveys and plans to conduct further investigations in the coming years. Cartier Iron Corp does not directly offer products to end customers. Instead, the company focuses on producing and selling high-quality iron ore. As mentioned, iron ore is used in the production of steel, so Cartier Iron Corp has customers in the steel industry. Overall, Cartier Iron Corp is a Canadian mining company specializing in iron ore production. With projects in Quebec, the company aims to find and develop high-quality iron ore deposits to meet the growing global demand for iron ore. The company has an experienced team of geologists and mining specialists who assess the quality of iron ore deposits and identify the best methods for their development. Cartier Iron ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Cartier Iron's Return on Assets (ROA)

Cartier Iron'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 Cartier Iron'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 Cartier Iron'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 Cartier Iron’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 Cartier Iron stock

What is the Return on Assets (ROA) of Cartier Iron this year?

The Return on Assets (ROA) of Cartier Iron is -1.3 undefined this year.

What was the ROA of Cartier Iron compared to the previous year?

The ROA of Cartier Iron has increased by 238.44% compared to the previous year.

What consequences do high ROA have for investors of Cartier Iron?

A high ROA is advantageous for investors of Cartier Iron, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Cartier Iron?

A low ROA can be unfavorable for investors of Cartier Iron 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 Cartier Iron affect the company?

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

How does a reduction in ROA of Cartier Iron impact the company?

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

What are some factors that can influence the ROA of Cartier Iron?

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

Why is the ROA of Cartier Iron important for investors?

The ROA of Cartier Iron 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 Cartier Iron take to improve ROA?

To improve ROA, Cartier Iron 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 Cartier Iron pay?

Over the past 12 months, Cartier Iron paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cartier Iron is expected to pay a dividend of 0 CAD.

What is the dividend yield of Cartier Iron?

The current dividend yield of Cartier Iron is .

When does Cartier Iron pay dividends?

Cartier Iron pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Cartier Iron?

Cartier Iron paid dividends every year for the past 0 years.

What is the dividend of Cartier Iron?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Cartier Iron located?

Cartier Iron is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Cartier Iron kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cartier Iron from 9/27/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Cartier Iron pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Cartier Iron in the year 2023?

In the year 2023, Cartier Iron distributed 0 CAD as dividends.

In which currency does Cartier Iron pay out the dividend?

The dividends of Cartier Iron are distributed in CAD.

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Andere Kennzahlen von Cartier Iron

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