What is the Return on Assets (ROA) of Centene this year?
The Return on Assets (ROA) of Centene is 0.03 undefined this year.
Centene ROA 2024
Centene ROA
0.03
Centene Dividend yield
Ticker
CNC
ISIN
US15135B1017
WKN
766458
In 2024, Centene's return on assets (ROA) was 0.03, a 104.15% increase from the 0.02 ROA in the previous year.
Centene Aktienanalyse
What does Centene do?
The Centene Corporation is a leading provider of managed care and health insurance programs in the USA. The company is headquartered in St. Louis, Missouri and was founded in 1984. In recent years, it has experienced remarkable expansion and operates in many states across the USA. Business model: Centene operates a business model that focuses on managed care, meaning integrated healthcare systems where services from physicians, hospitals, and other healthcare facilities are bundled together. By bundling services, Centene can better control costs and improve the quality of healthcare. The company offers health insurance for both low-income individuals, such as Medicaid, as well as higher-income individuals. Different divisions: Centene Corp is divided into several divisions to be able to offer different types of insurance. One of the most important is Medicaid, the government health program for low-income individuals. Centene is the largest provider of Medicaid programs in the USA and has managed to establish a strong presence in many states. In addition to Medicaid, Centene also operates managed care programs for higher-income individuals, such as through partnerships with employers or through health insurance marketplaces. Products: In addition to basic health insurance products, Centene also offers specialized insurance programs tailored to the needs of individuals with specific health problems. This includes programs for individuals with diabetes, mental illnesses, or addictions. These programs offer better and specific treatment for these conditions, contributing to improved healthcare. Conclusion: Overall, Centene is one of the largest and fastest-growing companies in the US healthcare industry and plays an important role in providing health insurance in the USA. The company has developed a successful business model that focuses on managed care and offers a wide range of products to meet the diverse needs of customers. With a smart business strategy and a continuous focus on innovation and quality, Centene is a significant force in the healthcare sector in the United States of America. Centene ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Centene's Return on Assets (ROA)
Centene'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 Centene'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 Centene'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 Centene’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 Centene Stock
What was the ROA of Centene compared to the previous year?
The ROA of Centene has increased by 104.15% compared to the previous year.
What consequences do high ROA have for investors of Centene?
A high ROA is advantageous for investors of Centene, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Centene?
A low ROA can be unfavorable for investors of Centene 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 Centene affect the company?
An increase in ROA of Centene can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Centene impact the company?
A reduction in the ROA of Centene can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Centene?
Some factors that can influence the ROA of Centene include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Centene important for investors?
The ROA of Centene 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 Centene take to improve ROA?
To improve ROA, Centene 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 Centene pay?
Over the past 12 months, Centene paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Centene is expected to pay a dividend of 0 USD.
What is the dividend yield of Centene?
The current dividend yield of Centene is .
When does Centene pay dividends?
Centene pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Centene?
Centene paid dividends every year for the past 0 years.
What is the dividend of Centene?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Centene located?
Centene is assigned to the 'Health' sector.
Wann musste ich die Aktien von Centene kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Centene from 4/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/27/2024.
When did Centene pay the last dividend?
The last dividend was paid out on 4/27/2024.
What was the dividend of Centene in the year 2023?
In the year 2023, Centene distributed 0 USD as dividends.
In which currency does Centene pay out the dividend?
The dividends of Centene are distributed in USD.
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Andere Kennzahlen von Centene
Our stock analysis for Centene 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 Centene Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
