What is the ROCE (Return on Capital Employed) of Electrovaya this year?
The ROCE of Electrovaya is 0.78 undefined this year.
Electrovaya ROCE 2024
Electrovaya ROCE
0.78
Electrovaya Dividend yield
Ticker
EFL.TO
ISIN
CA28617B1013
WKN
631863
In 2024, Electrovaya's return on capital employed (ROCE) was 0.78, a -75.93% increase from the 3.23 ROCE in the previous year.
Electrovaya Aktienanalyse
What does Electrovaya do?
Electrovaya Inc is a Canadian company specializing in the development and manufacturing of lithium-ion batteries and energy storage systems. The company was founded in 1996 and is based in Mississauga, Ontario. Electrovaya ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Electrovaya's Return on Capital Employed (ROCE)
Electrovaya'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 Electrovaya'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
Electrovaya'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 Electrovaya’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 Electrovaya Stock
How has the ROCE (Return on Capital Employed) of Electrovaya developed compared to the previous year?
The ROCE of Electrovaya has increased by -75.93% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Electrovaya?
A high Return on Capital Employed (ROCE) indicates that Electrovaya 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 Electrovaya?
A low ROCE (Return on Capital Employed) can indicate that Electrovaya 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 Electrovaya impact the company?
An increase in the ROCE of Electrovaya 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 Electrovaya affect the company?
A decrease in ROCE of Electrovaya 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 Electrovaya?
Some factors that can affect Electrovaya's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Electrovaya so important for investors?
The ROCE of Electrovaya 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 Electrovaya take to improve the ROCE?
To improve the ROCE, Electrovaya 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 Electrovaya pay?
Over the past 12 months, Electrovaya paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Electrovaya is expected to pay a dividend of 0 USD.
What is the dividend yield of Electrovaya?
The current dividend yield of Electrovaya is .
When does Electrovaya pay dividends?
Electrovaya pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Electrovaya?
Electrovaya paid dividends every year for the past 0 years.
What is the dividend of Electrovaya?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Electrovaya located?
Electrovaya is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Electrovaya kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Electrovaya from 5/31/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.
When did Electrovaya pay the last dividend?
The last dividend was paid out on 5/31/2024.
What was the dividend of Electrovaya in the year 2023?
In the year 2023, Electrovaya distributed 0 USD as dividends.
In which currency does Electrovaya pay out the dividend?
The dividends of Electrovaya are distributed in USD.
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Andere Kennzahlen von Electrovaya
Our stock analysis for Electrovaya 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 Electrovaya Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
