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Covanta Holding - Stock

Covanta Holding ROA 2024

Covanta Holding ROA

0

Ticker

CVA

ISIN

US22282E1029

WKN

A0F60S

In 2024, Covanta Holding's return on assets (ROA) was 0, a 0% increase from the 0 ROA in the previous year.

Covanta Holding Aktienanalyse

What does Covanta Holding do?

Covanta Holding Corp is a leading company in the waste management and energy generation industry. The company was founded in 1939 and is headquartered in Morristown, New Jersey. The history of Covanta Holding Corp began with the founding of the Ogden Corporation. In the 1980s, Ogden started developing waste incineration facilities to handle the growing amount of waste in the United States. In 1992, the company was acquired by Covanta Energy Corporation and in 1997, Covanta Energy was listed on the New York Stock Exchange. Today, Covanta Holding Corp is a leading provider of waste management and energy generation services in North America and Europe. The company operates and owns a variety of waste incineration facilities, landfills, and recycling plants. Covanta's business model is to convert waste into energy. The company's waste incineration facilities can convert millions of tons of waste into electricity and steam annually. This is an environmentally friendly alternative to landfilling waste, as it reduces waste while generating green energy. Covanta also invests in recycling facilities to reduce the waste stream and create new products. Covanta operates in three main business segments: waste management, energy generation, and services. The waste management segment includes waste collection, transportation, and disposal. The energy generation segment focuses on generating electricity and steam from waste and biomass. In the services segment, Covanta provides technical and operational services to waste and energy companies, as well as government agencies. Covanta offers a variety of products and services, including waste disposal, recycling services, landfill operation and management, energy generation and sales, transportation and logistics, as well as technical and operational services. Customized solutions are also available to meet customers' specific needs. Covanta Holding Corp has a strong environmental record and is highly committed to sustainability. The company has set goals to reduce carbon emissions and landfilling and continuously works on improving its environmental performance. Additionally, Covanta supports a variety of initiatives to promote recycling and other environmentally friendly practices. Overall, Covanta is an innovative and environmentally conscious company that plays a significant role in the waste and energy industry. By converting waste into energy, Covanta contributes to reducing landfilling, generating green energy, and promoting a more sustainable future. Covanta Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Covanta Holding's Return on Assets (ROA)

Covanta Holding'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 Covanta Holding'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 Covanta Holding'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 Covanta Holding’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 Covanta Holding Stock

What is the Return on Assets (ROA) of Covanta Holding this year?

The Return on Assets (ROA) of Covanta Holding is 0 undefined this year.

What was the ROA of Covanta Holding compared to the previous year?

The ROA of Covanta Holding has increased by 0% compared to the previous year.

What consequences do high ROA have for investors of Covanta Holding?

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

What are the consequences of low ROA for investors in Covanta Holding?

A low ROA can be unfavorable for investors of Covanta Holding 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 Covanta Holding affect the company?

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

How does a reduction in ROA of Covanta Holding impact the company?

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

What are some factors that can influence the ROA of Covanta Holding?

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

Why is the ROA of Covanta Holding important for investors?

The ROA of Covanta Holding 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 Covanta Holding take to improve ROA?

To improve ROA, Covanta Holding 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 Covanta Holding pay?

Over the past 12 months, Covanta Holding paid a dividend of 0.49 USD . This corresponds to a dividend yield of about 2.42 %. For the coming 12 months, Covanta Holding is expected to pay a dividend of 5.8 USD.

What is the dividend yield of Covanta Holding?

The current dividend yield of Covanta Holding is 2.42 %.

When does Covanta Holding pay dividends?

Covanta Holding pays a quarterly dividend. This is distributed in the months of January, April, July, November.

How secure is the dividend of Covanta Holding?

Covanta Holding paid dividends every year for the past 16 years.

What is the dividend of Covanta Holding?

For the upcoming 12 months, dividends amounting to 5.8 USD are expected. This corresponds to a dividend yield of 28.63 %.

In which sector is Covanta Holding located?

Covanta Holding is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Covanta Holding kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Covanta Holding from 10/15/2021 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 10/6/2021.

When did Covanta Holding pay the last dividend?

The last dividend was paid out on 10/15/2021.

What was the dividend of Covanta Holding in the year 2023?

In the year 2023, Covanta Holding distributed 2.203 USD as dividends.

In which currency does Covanta Holding pay out the dividend?

The dividends of Covanta Holding are distributed in USD.

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Andere Kennzahlen von Covanta Holding

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