What is the debt of Centamin this year?
Centamin has a debt level of -93.32 USD this year.
Centamin Debt 2024
Centamin Debt
-93.32 USD
Ticker
CEY.L
ISIN
JE00B5TT1872
WKN
A1JPZ6
In 2024, Centamin's total debt was -93.32 USD, a -8.84% change from the -102.37 USD total debt recorded 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.Debt Details
Understanding Centamin's Debt Structure
Centamin's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Centamin's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Centamin’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Centamin’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Centamin stock
What was the debt of Centamin compared to the previous year?
The debt of Centamin has increased by -8.84% compared to the previous year dropped.
What are the consequences of high debt for investors in Centamin?
High debt can pose a risk for investors of Centamin, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Centamin?
Low debt means that Centamin has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Centamin affect the company?
An increase in debt of Centamin can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Centamin affect the company?
A reduction in debt of Centamin can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Centamin?
Some factors that can influence the debt of Centamin include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Centamin so important for investors?
The debts of Centamin are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Centamin take to change the debt?
To change the debt, Centamin can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
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 2.24 %. 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 2.24 %.
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 2.23 %.
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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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.
