What is the Return on Assets (ROA) of Companhia de Saneamento de Minas Gerais COPASA MG this year?
The Return on Assets (ROA) of Companhia de Saneamento de Minas Gerais COPASA MG is 0.1 undefined this year.
In 2024, Companhia de Saneamento de Minas Gerais COPASA MG's return on assets (ROA) was 0.1, a 52.02% increase from the 0.06 ROA in the previous year.
Companhia de Saneamento de Minas Gerais COPASA MG'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.
Comparing Companhia de Saneamento de Minas Gerais COPASA MG'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.
Investors consider Companhia de Saneamento de Minas Gerais COPASA MG'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.
Variations in Companhia de Saneamento de Minas Gerais COPASA MG’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.
The Return on Assets (ROA) of Companhia de Saneamento de Minas Gerais COPASA MG is 0.1 undefined this year.
The ROA of Companhia de Saneamento de Minas Gerais COPASA MG has increased by 52.02% compared to the previous year.
A high ROA is advantageous for investors of Companhia de Saneamento de Minas Gerais COPASA MG, as it indicates that the company efficiently utilizes its assets and generates good profits.
A low ROA can be unfavorable for investors of Companhia de Saneamento de Minas Gerais COPASA MG as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
An increase in ROA of Companhia de Saneamento de Minas Gerais COPASA MG can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of Companhia de Saneamento de Minas Gerais COPASA MG can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of Companhia de Saneamento de Minas Gerais COPASA MG include revenue, operating costs, asset structure, and industry average.
The ROA of Companhia de Saneamento de Minas Gerais COPASA MG 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.
To improve ROA, Companhia de Saneamento de Minas Gerais COPASA MG 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.
Over the past 12 months, Companhia de Saneamento de Minas Gerais COPASA MG paid a dividend of 2.89 BRL . This corresponds to a dividend yield of about 14.29 %. For the coming 12 months, Companhia de Saneamento de Minas Gerais COPASA MG is expected to pay a dividend of 3.09 BRL.
The current dividend yield of Companhia de Saneamento de Minas Gerais COPASA MG is 14.29 %.
Companhia de Saneamento de Minas Gerais COPASA MG pays a quarterly dividend. This is distributed in the months of April, May, July, October.
Companhia de Saneamento de Minas Gerais COPASA MG paid dividends every year for the past 21 years.
For the upcoming 12 months, dividends amounting to 3.09 BRL are expected. This corresponds to a dividend yield of 15.28 %.
Companhia de Saneamento de Minas Gerais COPASA MG is assigned to the 'Utilities' sector.
To receive the latest dividend of Companhia de Saneamento de Minas Gerais COPASA MG from 9/30/2024 amounting to 0.353 BRL, you needed to have the stock in your portfolio before the ex-date on 9/18/2024.
The last dividend was paid out on 9/30/2024.
In the year 2023, Companhia de Saneamento de Minas Gerais COPASA MG distributed 0.384 BRL as dividends.
The dividends of Companhia de Saneamento de Minas Gerais COPASA MG are distributed in BRL.
Our stock analysis for Companhia de Saneamento de Minas Gerais COPASA MG 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 Companhia de Saneamento de Minas Gerais COPASA MG Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.