Centamin Stock

Centamin Liabilities 2024

Centamin Liabilities

157.77 M USD

Ticker

CEY.L

ISIN

JE00B5TT1872

WKN

A1JPZ6

In 2024, Centamin's total liabilities amounted to 157.77 M USD, a -9.67% difference from the 174.66 M USD total liabilities in the previous year.

Centamin Aktienanalyse

What does Centamin do?

Centamin PLC is a British-Egyptian company specializing in gold mining. It was founded in 1996 by Josef El-Raghy and began production in Egypt's largest gold mine, Sukari, in 2007. The company's business model focuses on maximizing the value of gold while minimizing associated risks. Centamin aims to maximize the efficiency and profitability of gold production to reward shareholders with stable cash flow and growing dividends. They also have divisions in Africa, the Czech Republic, and Colombia, and their products include gold bars and coins. Centamin places a strong emphasis on transparency, responsibility, and sustainable practices in gold production, complying with the highest environmental, social, and human rights standards. It also prioritizes creating long-term economic benefits for local communities by providing employment opportunities and supporting education, health, and charitable projects. In 2019, Centamin had a solid financial performance with an annual revenue of over $640 million, producing around 480,000 ounces of gold at an average price of over $1,300 per ounce. Despite challenges such as declining gold prices, political unrest, and difficult working conditions, Centamin has demonstrated its ability to adapt and remain profitable. In conclusion, Centamin PLC is an established company with a long history in gold mining. They prioritize maximizing gold production while complying with high environmental, social, and human rights standards. The company offers a wide range of gold products and places strong emphasis on sustainability and social engagement. Although they have faced challenges in the past, Centamin has shown its ability to adapt and remain profitable. Centamin ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Centamin's Liabilities

Centamin's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Centamin's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Centamin's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Centamin's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Centamin’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Centamin stock

What is the level of liabilities of Centamin this year?

Centamin has a debt balance of 157.77 M USD this year.

What were the liabilities of Centamin compared to the previous year?

The liabilities of Centamin have increased by -9.67% dropped compared to the previous year.

What are the consequences of high debt for investors of Centamin?

High liabilities can pose a risk for investors of Centamin, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Centamin?

Low liabilities mean that Centamin has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Centamin affect the company?

An increase in liabilities of Centamin can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Centamin affect the company?

A decrease in the liabilities of Centamin can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Centamin?

Some factors that can influence the liabilities of Centamin include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Centamin so important for investors?

The liabilities of Centamin are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Centamin take to modify the liabilities?

To change its liabilities, Centamin can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Centamin pay?

Over the past 12 months, Centamin paid a dividend of 0.05 USD . This corresponds to a dividend yield of about 2.18 %. For the coming 12 months, Centamin is expected to pay a dividend of 0.04 USD.

What is the dividend yield of Centamin?

The current dividend yield of Centamin is 2.18 %.

When does Centamin pay dividends?

Centamin pays a quarterly dividend. This is distributed in the months of July, September, June, September.

How secure is the dividend of Centamin?

Centamin paid dividends every year for the past 15 years.

What is the dividend of Centamin?

For the upcoming 12 months, dividends amounting to 0.04 USD are expected. This corresponds to a dividend yield of 2.18 %.

In which sector is Centamin located?

Centamin is assigned to the 'Commodities' sector.

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

To receive the latest dividend of Centamin from 9/27/2024 amounting to 0.023 USD, you needed to have the stock in your portfolio before the ex-date on 8/29/2024.

When did Centamin pay the last dividend?

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

What was the dividend of Centamin in the year 2023?

In the year 2023, Centamin distributed 0.075 USD as dividends.

In which currency does Centamin pay out the dividend?

The dividends of Centamin are distributed in USD.

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Andere Kennzahlen von Centamin

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