What is the equity of Codan this year?
Codan has equity of 446.48 M AUD this year.
Codan Equity 2024
Codan Equity
446.48 M AUD
Ticker
CDA.AX
ISIN
AU000000CDA3
WKN
A0DJ8C
In 2024, Codan's equity was 446.48 M AUD, a 21.45% increase from the 367.64 M AUD equity in the previous year.
Codan Aktienanalyse
What does Codan do?
Codan Limited is an Australian company specializing in the development and production of radio communication systems and metal detectors. The company was founded in Adelaide, Australia in 1959 and initially focused on developing radio communication systems for agriculture and other industries. In the 1980s, Codan expanded into markets outside of Australia and began offering a wider range of products. Today, the company has branches in North America, Europe, the Middle East, and Africa, and is one of the leading providers of radio communication systems and metal detectors worldwide. Codan's business model is focused on manufacturing high-quality and reliable devices for communication and metal detection. The company produces devices for professional use, such as for government agencies, military, commercial companies, as well as for the leisure sector. Codan's divisions can be divided into two main categories: communication systems and metal detectors. In the field of communication systems, the company offers a variety of devices including two-way radios, data radios, satellite communication devices, and transmission systems. These devices are typically custom-made according to customer requirements. In the metal detector sector, Codan is a global leader and offers a wide range of professional-grade products including ground search devices, hand detectors, security detectors, and probes. Codan's metal detectors are used in various fields including archaeology, mining, security, and search and rescue operations. In addition to the aforementioned divisions, Codan also offers services such as repair, maintenance, and technical support to ensure that customers receive the best possible service at all times. Some of Codan's product highlights include the Codan NGT series HF two-way radios, which offer a wide range of advanced features including dynamic noise suppression, one-button operation, and full encryption capability. Another product line from Codan is the MT series of metal detectors, which are known for their high sensitivity, lightweight design, and ease of use. In summary, Codan Limited is a leading company specializing in the development and manufacturing of radio communication systems and metal detectors, catering to both professional and leisure sectors. With a wide range of products and services, as well as highly skilled employees, Codan aims to provide customers with the best and most reliable devices at all times. Codan ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Codan's Equity
Codan's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Codan's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Codan's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Codan's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Codan’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Codan stock
What was the equity of Codan compared to the previous year?
The equity of Codan has increased/decreased by 21.45% increased compared to the previous year.
What impact does a high equity have on investors of Codan?
A high equity is advantageous for investors of Codan as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Codan?
A low equity can be a risk for investors of Codan, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Codan affect the company?
An increase in equity of Codan can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Codan affect the company?
A reduction in equity of Codan can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Codan?
Some factors that can affect the equity of Codan include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Codan so important for investors?
The equity of Codan is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Codan take to change the equity?
To change equity, Codan can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Codan pay?
Over the past 12 months, Codan paid a dividend of 0.32 AUD . This corresponds to a dividend yield of about 2.04 %. For the coming 12 months, Codan is expected to pay a dividend of 0.34 AUD.
What is the dividend yield of Codan?
The current dividend yield of Codan is 2.04 %.
When does Codan pay dividends?
Codan pays a quarterly dividend. This is distributed in the months of March, October, March, October.
How secure is the dividend of Codan?
Codan paid dividends every year for the past 23 years.
What is the dividend of Codan?
For the upcoming 12 months, dividends amounting to 0.34 AUD are expected. This corresponds to a dividend yield of 2.19 %.
In which sector is Codan located?
Codan is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Codan kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Codan from 9/18/2024 amounting to 0.171 AUD, you needed to have the stock in your portfolio before the ex-date on 9/3/2024.
When did Codan pay the last dividend?
The last dividend was paid out on 9/18/2024.
What was the dividend of Codan in the year 2023?
In the year 2023, Codan distributed 0.264 AUD as dividends.
In which currency does Codan pay out the dividend?
The dividends of Codan are distributed in AUD.
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Andere Kennzahlen von Codan
Our stock analysis for Codan 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 Codan Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
