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Citigold Corporation Stock

Citigold Corporation ROA 2024

Citigold Corporation ROA

-0.02

Ticker

CTO.AX

ISIN

AU000000CTO0

WKN

892606

In 2024, Citigold Corporation's return on assets (ROA) was -0.02, a 22.15% increase from the -0.02 ROA in the previous year.

Citigold Corporation Aktienanalyse

What does Citigold Corporation do?

Citigold Corporation Ltd is an Australian gold exploration and production company that focuses on the exploration, development, and mining of gold deposits. The company was founded in 1985 and is headquartered in Brisbane, Australia. Citigold Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Citigold Corporation's Return on Assets (ROA)

Citigold Corporation'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 Citigold Corporation'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 Citigold Corporation'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 Citigold Corporation’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 Citigold Corporation stock

What is the Return on Assets (ROA) of Citigold Corporation this year?

The Return on Assets (ROA) of Citigold Corporation is -0.02 undefined this year.

What was the ROA of Citigold Corporation compared to the previous year?

The ROA of Citigold Corporation has increased by 22.15% compared to the previous year.

What consequences do high ROA have for investors of Citigold Corporation?

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

What are the consequences of low ROA for investors in Citigold Corporation?

A low ROA can be unfavorable for investors of Citigold Corporation 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 Citigold Corporation affect the company?

An increase in ROA of Citigold Corporation can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Citigold Corporation impact the company?

A reduction in the ROA of Citigold Corporation can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Citigold Corporation?

Some factors that can influence the ROA of Citigold Corporation include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Citigold Corporation important for investors?

The ROA of Citigold Corporation 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 Citigold Corporation take to improve ROA?

To improve ROA, Citigold Corporation 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 Citigold Corporation pay?

Over the past 12 months, Citigold Corporation paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Citigold Corporation is expected to pay a dividend of 0 AUD.

What is the dividend yield of Citigold Corporation?

The current dividend yield of Citigold Corporation is .

When does Citigold Corporation pay dividends?

Citigold Corporation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Citigold Corporation?

Citigold Corporation paid dividends every year for the past 0 years.

What is the dividend of Citigold Corporation?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Citigold Corporation located?

Citigold Corporation is assigned to the 'Commodities' sector.

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

To receive the latest dividend of Citigold Corporation from 9/9/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Citigold Corporation pay the last dividend?

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

What was the dividend of Citigold Corporation in the year 2023?

In the year 2023, Citigold Corporation distributed 0 AUD as dividends.

In which currency does Citigold Corporation pay out the dividend?

The dividends of Citigold Corporation are distributed in AUD.

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Andere Kennzahlen von Citigold Corporation

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