Cash Converters International Stock

Cash Converters International ROA 2024

Cash Converters International ROA

0.04

Ticker

CCV.AX

ISIN

AU000000CCV1

WKN

898564

In 2024, Cash Converters International's return on assets (ROA) was 0.04, a 55.7% increase from the 0.02 ROA in the previous year.

Cash Converters International Aktienanalyse

What does Cash Converters International do?

Cash Converters International Ltd is an Australian company that was founded in Perth in 1984 and now operates in over 21 countries worldwide. The company is mainly engaged in the buying and selling of used goods as well as pawnbroking. The business model of Cash Converters is based on the buying and selling of used goods as well as pawnbroking. Customers can sell used items in the stores or deposit them as collateral to borrow money in the short term. The company also offers an online store where customers can buy used goods. In addition, Cash Converters also offers financial services such as microloans and operates some franchise businesses. The main divisions of the company are the buying and selling of used goods, pawnbroking, and financial services. Within the buying and selling division, customers can sell or buy used electronics, jewelry, watches, tools, sports equipment, musical instruments, and more. In the pawnbroking division, customers can borrow money temporarily by depositing items as collateral. They can then repurchase their items by repaying the collateral. Financial services are mainly offered in the form of microloans. Cash Converters is known for its diverse range of products. With the help of their experts, the stores nationwide evaluate used items that are in excellent condition. The company is known for offering products that are still useful to customers. In the electronics sector, for example, one can find used phones, tablets, laptops, and notebooks that are still in good condition and suitable for everyday use. Cameras and accessories, books, DVDs, home security systems, and much more can also be found at Cash Converters. In recent years, the company has expanded its range of services to offer customers broader financial and credit options. The company now also offers microloans for customers in need of short-term financial assistance. This is often more useful for customers than returning an item to the pawnshop. Cash Converters' revenue has increased in recent years due to the growing popularity and acceptance of used goods and services. The company has established itself as one of the leading companies in the global pawnbroking trade. Despite its growth, the company is involved in many countries due to the profits from international trade. In conclusion, Cash Converters has become a central location for used goods through its buying and selling and pawnbroking business model. With an extensive range of products and expanded services such as microloans, the company has gained a broader customer base and established itself as a leading company in the field of used goods and services. Cash Converters International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Cash Converters International's Return on Assets (ROA)

Cash Converters International'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 Cash Converters International'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 Cash Converters International'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 Cash Converters International’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 Cash Converters International stock

What is the Return on Assets (ROA) of Cash Converters International this year?

The Return on Assets (ROA) of Cash Converters International is 0.04 undefined this year.

What was the ROA of Cash Converters International compared to the previous year?

The ROA of Cash Converters International has increased by 55.7% compared to the previous year.

What consequences do high ROA have for investors of Cash Converters International?

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

What are the consequences of low ROA for investors in Cash Converters International?

A low ROA can be unfavorable for investors of Cash Converters International 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 Cash Converters International affect the company?

An increase in ROA of Cash Converters International can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Cash Converters International impact the company?

A reduction in the ROA of Cash Converters International can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Cash Converters International?

Some factors that can influence the ROA of Cash Converters International include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Cash Converters International important for investors?

The ROA of Cash Converters International 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 Cash Converters International take to improve ROA?

To improve ROA, Cash Converters International 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 Cash Converters International pay?

Over the past 12 months, Cash Converters International paid a dividend of 0.03 AUD . This corresponds to a dividend yield of about 12.99 %. For the coming 12 months, Cash Converters International is expected to pay a dividend of 0.03 AUD.

What is the dividend yield of Cash Converters International?

The current dividend yield of Cash Converters International is 12.99 %.

When does Cash Converters International pay dividends?

Cash Converters International pays a quarterly dividend. This is distributed in the months of April, October, April, October.

How secure is the dividend of Cash Converters International?

Cash Converters International paid dividends every year for the past 0 years.

What is the dividend of Cash Converters International?

For the upcoming 12 months, dividends amounting to 0.03 AUD are expected. This corresponds to a dividend yield of 12.81 %.

In which sector is Cash Converters International located?

Cash Converters International is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Cash Converters International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cash Converters International from 10/11/2024 amounting to 0.014 AUD, you needed to have the stock in your portfolio before the ex-date on 9/12/2024.

When did Cash Converters International pay the last dividend?

The last dividend was paid out on 10/11/2024.

What was the dividend of Cash Converters International in the year 2023?

In the year 2023, Cash Converters International distributed 0.029 AUD as dividends.

In which currency does Cash Converters International pay out the dividend?

The dividends of Cash Converters International are distributed in AUD.

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Andere Kennzahlen von Cash Converters International

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