What is the ROCE (Return on Capital Employed) of Century Casinos this year?
The ROCE of Century Casinos is 0.5 undefined this year.
Century Casinos ROCE 2024
Century Casinos ROCE
0.5
Ticker
CNTY
ISIN
US1564921005
WKN
889628
In 2024, Century Casinos's return on capital employed (ROCE) was 0.5, a 9.2% increase from the 0.46 ROCE in the previous year.
Century Casinos Aktienanalyse
What does Century Casinos do?
Century Casinos Inc. is an internationally active entertainment company based in Colorado, USA. The company was founded in 1992 by Austrian Erwin Haitzmann and Canadian Peter Hoetzinger, who still lead the company today. Century Casinos operates in the areas of casinos, electronic slot machines, horse racing, and online betting. The company started as a service provider for casinos, primarily involved in the development of casinos in smaller cities in Colorado. In the 2000s, the company expanded to Europe and achieved an important milestone in 2005 by opening the casino in Vienna. Since then, Century Casinos has been present in many European countries such as Poland, Czech Republic, and the UK. To date, Century Casinos has opened more than 25 casinos worldwide, including in Canada, Cuba, and Egypt. Century Casinos' business model is based on the creation and operation of entertainment and gambling facilities tailored to local laws and needs in different regions. The company emphasizes quality, safety, and customer satisfaction. Century Casinos works with local partner companies and authorities to ensure compliance with local regulations. The casino games division of the business holds several operating licenses in Europe, North America, and Latin America. Century Casinos offers a wide range of game variations such as roulette, blackjack, poker, and other optical and digital games. In the US, the company operates Station Casinos, Meadows Racetrack & Casino, Century Mile Racetrack and Casino, and other casino resorts. The electronic gaming machines division encompasses the development and distribution of electronic casino games and slot machines. Century Casinos works closely with Swedish company NetEnt to develop innovative and engaging digital games. Century Casinos is also involved in online gambling. With the acquisition of 50% of CG Technology Holdings in 2020, the company entered the online sports betting market. CG Technology develops betting platform technology and manages a betting platform that is considered one of the fastest and most advanced in the industry. In the horse racing & iGaming division, the company offers online horse betting, particularly in the US and Europe. This division is part of the racing business, which mainly focuses on operating racetracks and horse wagering services. Century Casinos' products include high-quality slot machines, table games, and electronic gaming. NetEnt's digital games are among the most successful and innovative in the online casino industry. Century Casinos has also developed an app to allow customers to conveniently play on mobile devices. In addition, the company offers a variety of leisure facilities such as restaurants, bars, spas, and venues to meet customers' entertainment needs. In conclusion, Century Casinos Inc. is an internationally active entertainment company with an impressive track record. By successfully combining traditional and modern gambling, as well as facilities and entertainment, the company provides its customers with a wide range of experiences in the horse racing, electronic slot machines, casino, and online betting sectors. Century Casinos sets high standards to offer excellent services and products. Century Casinos ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Century Casinos's Return on Capital Employed (ROCE)
Century Casinos's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Century Casinos's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Century Casinos's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Century Casinos’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Century Casinos stock
How has the ROCE (Return on Capital Employed) of Century Casinos developed compared to the previous year?
The ROCE of Century Casinos has increased by 9.2% increased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Century Casinos?
A high Return on Capital Employed (ROCE) indicates that Century Casinos has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Century Casinos?
A low ROCE (Return on Capital Employed) can indicate that Century Casinos has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Century Casinos impact the company?
An increase in the ROCE of Century Casinos can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Century Casinos affect the company?
A decrease in ROCE of Century Casinos can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Century Casinos?
Some factors that can affect Century Casinos's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Century Casinos so important for investors?
The ROCE of Century Casinos is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Century Casinos take to improve the ROCE?
To improve the ROCE, Century Casinos can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Century Casinos pay?
Over the past 12 months, Century Casinos paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Century Casinos is expected to pay a dividend of 0 USD.
What is the dividend yield of Century Casinos?
The current dividend yield of Century Casinos is .
When does Century Casinos pay dividends?
Century Casinos pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Century Casinos?
Century Casinos paid dividends every year for the past 0 years.
What is the dividend of Century Casinos?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Century Casinos located?
Century Casinos is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Century Casinos kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Century Casinos from 9/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.
When did Century Casinos pay the last dividend?
The last dividend was paid out on 9/30/2024.
What was the dividend of Century Casinos in the year 2023?
In the year 2023, Century Casinos distributed 0 USD as dividends.
In which currency does Century Casinos pay out the dividend?
The dividends of Century Casinos are distributed in USD.
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Andere Kennzahlen von Century Casinos
Our stock analysis for Century Casinos 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 Century Casinos Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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- Century Casinos ROCE
