RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Element Fleet Management Stock

Element Fleet Management ROA 2024

Element Fleet Management ROA

0.04

Ticker

EFN.TO

ISIN

CA2861812014

WKN

A1JYQL

In 2024, Element Fleet Management's return on assets (ROA) was 0.04, a 33.69% increase from the 0.03 ROA in the previous year.

Element Fleet Management Aktienanalyse

What does Element Fleet Management do?

Element Fleet Management Corp is a Canadian company specializing in fleet management services. Founded in 2011, the company operates globally and serves many of the world's most well-known companies. It offers a wide range of services, including vehicle procurement, maintenance, and repair. The company also provides innovative technology-based solutions for fleet management and works with customers to maximize cost reduction and employee mobility. Additionally, Element Fleet Management Corp offers various leasing options and services related to vehicle procurement and management. It is committed to providing innovative and sustainable mobility solutions to its customer base. Overall, it is an innovative company that offers comprehensive fleet management services and is dedicated to service quality and customer satisfaction. Element Fleet Management ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Element Fleet Management's Return on Assets (ROA)

Element Fleet Management'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 Element Fleet Management'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 Element Fleet Management'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 Element Fleet Management’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 Element Fleet Management stock

What is the Return on Assets (ROA) of Element Fleet Management this year?

The Return on Assets (ROA) of Element Fleet Management is 0.04 undefined this year.

What was the ROA of Element Fleet Management compared to the previous year?

The ROA of Element Fleet Management has increased by 33.69% compared to the previous year.

What consequences do high ROA have for investors of Element Fleet Management?

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

What are the consequences of low ROA for investors in Element Fleet Management?

A low ROA can be unfavorable for investors of Element Fleet Management 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 Element Fleet Management affect the company?

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

How does a reduction in ROA of Element Fleet Management impact the company?

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

What are some factors that can influence the ROA of Element Fleet Management?

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

Why is the ROA of Element Fleet Management important for investors?

The ROA of Element Fleet Management 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 Element Fleet Management take to improve ROA?

To improve ROA, Element Fleet Management 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 Element Fleet Management pay?

Over the past 12 months, Element Fleet Management paid a dividend of 0.42 CAD . This corresponds to a dividend yield of about 1.47 %. For the coming 12 months, Element Fleet Management is expected to pay a dividend of 0.44 CAD.

What is the dividend yield of Element Fleet Management?

The current dividend yield of Element Fleet Management is 1.47 %.

When does Element Fleet Management pay dividends?

Element Fleet Management pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Element Fleet Management?

Element Fleet Management paid dividends every year for the past 12 years.

What is the dividend of Element Fleet Management?

For the upcoming 12 months, dividends amounting to 0.44 CAD are expected. This corresponds to a dividend yield of 1.55 %.

In which sector is Element Fleet Management located?

Element Fleet Management is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Element Fleet Management kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Element Fleet Management from 10/15/2024 amounting to 0.12 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Element Fleet Management pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Element Fleet Management in the year 2023?

In the year 2023, Element Fleet Management distributed 0.333 CAD as dividends.

In which currency does Element Fleet Management pay out the dividend?

The dividends of Element Fleet Management are distributed in CAD.

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Andere Kennzahlen von Element Fleet Management

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