What is the ROCE (Return on Capital Employed) of Draftkings this year?
The ROCE of Draftkings is -0.94 undefined this year.
Draftkings ROCE 2024
Draftkings ROCE
-0.94
Draftkings Dividend yield
Ticker
DKNG
ISIN
US26142R1041
WKN
A2P205
In 2024, Draftkings's return on capital employed (ROCE) was -0.94, a -18.15% increase from the -1.14 ROCE in the previous year.
Draftkings Aktienanalyse
What does Draftkings do?
DraftKings Inc. is a leading company in the field of Fantasy Sports, founded in 2012 in Boston, Massachusetts. The idea behind the founding was to create a new type of competition where fans could experience their favorite sports even more intensely than before. The company has since become a more well-known brand and has become one of the largest providers of fantasy sports betting in the USA. The business model of DraftKings is based on a simple idea: fans can create their fantasy teams and participate in competitions based on the results of real sports events such as the National Football League (NFL), Major League Baseball (MLB), the National Basketball Association (NBA), and many others. Participants invest in their carefully assembled fantasy teams and receive prizes from DraftKings for successful placement. The company is financed through contributions made by its customers. In addition to fantasy sports betting, DraftKings has also introduced the entire spectrum of digital and online sports betting. These are bets where customers can directly bet on the outcome of games and competitions without having to visit a local bookmaker. The advantage of online betting is that it can be carried out anytime and from anywhere. DraftKings also offers live betting, which allows customers to place additional bets during ongoing games. For example, these can be bets on how the next goal could be scored or how many goals will be scored in the next half. In addition to sports betting, DraftKings also offers other products such as online casino games like blackjack and roulette, as well as e-sports betting, where customers can bet on the outcome of online video game competitions. Another important aspect of DraftKings is marketing. The company works with a variety of industry giants such as ESPN, Disney World, Turner Sports, NBA, and many more. Through partnerships and sponsorships, the DraftKings brand is made known and the company is positioned as a leading provider of fantasy sports and sports betting. Another important aspect of DraftKings is the technology it operates. DraftKings has developed a state-of-the-art platform for online and mobile sports betting and relies on innovative technology to provide customers with the best possible experience. The platform offers a variety of features such as live statistics, analysis, and broadcasts to make the online and mobile betting experience even more exciting and entertaining. The company also uses artificial intelligence to provide customers with intelligent betting recommendations. In summary, DraftKings Inc. is a leading company in the field of fantasy sports and online sports betting. The company has a unique idea where fans can experience their favorite sports more intensely and have the opportunity to win prizes. DraftKings specializes in various areas, offers various products, and relies on innovative technology to inspire its customers. Through partnerships and a clever marketing strategy, the company has built a strong brand and is on its way to becoming a global market leader. Draftkings ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Draftkings's Return on Capital Employed (ROCE)
Draftkings's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Draftkings's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Draftkings's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Draftkings’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Draftkings Stock
How has the ROCE (Return on Capital Employed) of Draftkings developed compared to the previous year?
The ROCE of Draftkings has increased by -18.15% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Draftkings?
A high Return on Capital Employed (ROCE) indicates that Draftkings has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Draftkings?
A low ROCE (Return on Capital Employed) can indicate that Draftkings has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Draftkings impact the company?
An increase in the ROCE of Draftkings can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Draftkings affect the company?
A decrease in ROCE of Draftkings can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Draftkings?
Some factors that can affect Draftkings's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Draftkings so important for investors?
The ROCE of Draftkings is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Draftkings take to improve the ROCE?
To improve the ROCE, Draftkings can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Draftkings pay?
Over the past 12 months, Draftkings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Draftkings is expected to pay a dividend of 0 USD.
What is the dividend yield of Draftkings?
The current dividend yield of Draftkings is .
When does Draftkings pay dividends?
Draftkings pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Draftkings?
Draftkings paid dividends every year for the past 0 years.
What is the dividend of Draftkings?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Draftkings located?
Draftkings is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Draftkings kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Draftkings from 5/24/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/24/2024.
When did Draftkings pay the last dividend?
The last dividend was paid out on 5/24/2024.
What was the dividend of Draftkings in the year 2023?
In the year 2023, Draftkings distributed 0 USD as dividends.
In which currency does Draftkings pay out the dividend?
The dividends of Draftkings are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The Draftkings stock can be added to a savings plan with the following providers: Scalable Capital and Consorsbank
Andere Kennzahlen von Draftkings
Our stock analysis for Draftkings 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 Draftkings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
