Digitalx Stock

Digitalx ROA 2024

Digitalx ROA

-0.22

Ticker

DCC.AX

ISIN

AU000000DCC9

WKN

A115DQ

In 2024, Digitalx's return on assets (ROA) was -0.22, a 171.37% increase from the -0.08 ROA in the previous year.

Digitalx Aktienanalyse

What does Digitalx do?

Digitalx ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Digitalx's Return on Assets (ROA)

Digitalx'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 Digitalx'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 Digitalx'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 Digitalx’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 Digitalx stock

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

The Return on Assets (ROA) of Digitalx is -0.22 undefined this year.

What was the ROA of Digitalx compared to the previous year?

The ROA of Digitalx has increased by 171.37% compared to the previous year.

What consequences do high ROA have for investors of Digitalx?

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

What are the consequences of low ROA for investors in Digitalx?

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

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

How does a reduction in ROA of Digitalx impact the company?

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

What are some factors that can influence the ROA of Digitalx?

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

Why is the ROA of Digitalx important for investors?

The ROA of Digitalx 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 Digitalx take to improve ROA?

To improve ROA, Digitalx 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 Digitalx pay?

Over the past 12 months, Digitalx paid a dividend of 0.17 AUD . This corresponds to a dividend yield of about 458.68 %. For the coming 12 months, Digitalx is expected to pay a dividend of 0 AUD.

What is the dividend yield of Digitalx?

The current dividend yield of Digitalx is 458.68 %.

When does Digitalx pay dividends?

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

How secure is the dividend of Digitalx?

Digitalx paid dividends every year for the past 0 years.

What is the dividend of Digitalx?

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

In which sector is Digitalx located?

Digitalx is assigned to the 'Information technology' sector.

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

To receive the latest dividend of Digitalx from 9/10/2005 amounting to 0.017 AUD, you needed to have the stock in your portfolio before the ex-date on 8/24/2005.

When did Digitalx pay the last dividend?

The last dividend was paid out on 9/10/2005.

What was the dividend of Digitalx in the year 2023?

In the year 2023, Digitalx distributed 0 AUD as dividends.

In which currency does Digitalx pay out the dividend?

The dividends of Digitalx are distributed in AUD.

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Andere Kennzahlen von Digitalx

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