CreditAccess Grameen Stock

CreditAccess Grameen ROA 2024

CreditAccess Grameen ROA

0.05

Ticker

CREDITACC.NS

ISIN

INE741K01010

In 2024, CreditAccess Grameen's return on assets (ROA) was 0.05, a 148.19% increase from the 0.02 ROA in the previous year.

CreditAccess Grameen Aktienanalyse

What does CreditAccess Grameen do?

CreditAccess Grameen Ltd is a leading financial institution specializing in microfinanced loans. It was established in 2008 and has since experienced significant growth. The company is headquartered in Bengaluru, India and operates in multiple cities and villages throughout India. The establishment of CreditAccess Grameen Ltd was initiated by Chinna Veerappan, an experienced banker. He founded the company with the vision of facilitating access to financial services for the poorest segments of India. He recognized that traditional banks often do not serve these population groups as they cannot provide sufficient collateral. CreditAccess Grameen Ltd offers microfinanced loans to individuals who are unable to provide collateral but still require access to financial services. The company works closely with its clients to understand their financial needs and provide them with the best possible support. The company has developed an innovative business model that emphasizes sustainability and social responsibility. It collaborates closely with communities and promotes job creation and income opportunities. In addition to lending, CreditAccess Grameen Ltd also offers various other divisions, including: - Savings: The company also supports small savings deposits by its customers to help them achieve financial stability. - Credit Insurance: CreditAccess Grameen Ltd also provides credit insurance to its customers to protect them from financial losses due to unforeseen circumstances. - Payment Services: The company also offers payment services to facilitate easy money transfers. CreditAccess Grameen Ltd offers a range of financial products to meet its customers' needs, including group loans, individual loans, micro-savings, micro-insurance, and payment services. It has also developed specialized products to meet the needs of women, youth, and employment-intensive sectors such as agriculture and trade. Overall, CreditAccess Grameen Ltd is considered an important provider of financial services in India. The company has developed an innovative methodology to meet the financial needs of the poorest segments and is actively committed to sustainability and social responsibility. Through its various divisions and products, the company offers a variety of financial services tailored to the needs of its customers. CreditAccess Grameen ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding CreditAccess Grameen's Return on Assets (ROA)

CreditAccess Grameen'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 CreditAccess Grameen'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 CreditAccess Grameen'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 CreditAccess Grameen’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 CreditAccess Grameen stock

What is the Return on Assets (ROA) of CreditAccess Grameen this year?

The Return on Assets (ROA) of CreditAccess Grameen is 0.05 undefined this year.

What was the ROA of CreditAccess Grameen compared to the previous year?

The ROA of CreditAccess Grameen has increased by 148.19% compared to the previous year.

What consequences do high ROA have for investors of CreditAccess Grameen?

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

What are the consequences of low ROA for investors in CreditAccess Grameen?

A low ROA can be unfavorable for investors of CreditAccess Grameen 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 CreditAccess Grameen affect the company?

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

How does a reduction in ROA of CreditAccess Grameen impact the company?

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

What are some factors that can influence the ROA of CreditAccess Grameen?

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

Why is the ROA of CreditAccess Grameen important for investors?

The ROA of CreditAccess Grameen 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 CreditAccess Grameen take to improve ROA?

To improve ROA, CreditAccess Grameen 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 CreditAccess Grameen pay?

Over the past 12 months, CreditAccess Grameen paid a dividend of 10 INR . This corresponds to a dividend yield of about 0.82 %. For the coming 12 months, CreditAccess Grameen is expected to pay a dividend of 10 INR.

What is the dividend yield of CreditAccess Grameen?

The current dividend yield of CreditAccess Grameen is 0.82 %.

When does CreditAccess Grameen pay dividends?

CreditAccess Grameen pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of CreditAccess Grameen?

CreditAccess Grameen paid dividends every year for the past 0 years.

What is the dividend of CreditAccess Grameen?

For the upcoming 12 months, dividends amounting to 10 INR are expected. This corresponds to a dividend yield of 0.82 %.

In which sector is CreditAccess Grameen located?

CreditAccess Grameen is assigned to the 'Finance' sector.

Wann musste ich die Aktien von CreditAccess Grameen kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CreditAccess Grameen from 9/11/2024 amounting to 10 INR, you needed to have the stock in your portfolio before the ex-date on 7/26/2024.

When did CreditAccess Grameen pay the last dividend?

The last dividend was paid out on 9/11/2024.

What was the dividend of CreditAccess Grameen in the year 2023?

In the year 2023, CreditAccess Grameen distributed 0 INR as dividends.

In which currency does CreditAccess Grameen pay out the dividend?

The dividends of CreditAccess Grameen are distributed in INR.

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Andere Kennzahlen von CreditAccess Grameen

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