RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Enthusiast Gaming Holdings Stock

Enthusiast Gaming Holdings ROA 2024

Enthusiast Gaming Holdings ROA

-0.5

Ticker

EGLX.TO

ISIN

CA29385B1094

WKN

A2PRK5

In 2024, Enthusiast Gaming Holdings's return on assets (ROA) was -0.5, a 121.53% increase from the -0.22 ROA in the previous year.

Enthusiast Gaming Holdings Aktienanalyse

What does Enthusiast Gaming Holdings do?

Enthusiast Gaming Holdings Inc. is a leading provider of gaming content and communities based in Canada. The company was founded in 2014 by Menashe Kestenbaum and has since become a major player in the esports and gaming industry. Enthusiast Gaming's business model is based on creating communities where gaming fans can connect and engage in discussions about their passion. The company has created various gaming websites and forums where users can create and share content. This includes Reddit, the world's largest gaming forum, which was acquired by Enthusiast Gaming. Additionally, Enthusiast Gaming has an extensive marketing platform that allows advertisers to target the gaming fan audience. The platform offers a variety of advertising opportunities, such as ads, content sponsorship, and newsletter advertising. The various divisions of Enthusiast Gaming are at the core of the company. This includes the Media division, which operates a variety of websites and forums, including Destructoid, Escapist, and The Escapist Magazine. The company also has a strong presence on YouTube and Twitch, where it aims to produce high-quality gaming content. Another important division of Enthusiast Gaming is its esports business. The company hosts numerous esports tournaments and events, including the Luminosity Gaming Series and EGLX, an annual gaming expo. Enthusiast Gaming's esports division has also signed some of the most talented esports players, including the world-famous Fortnite player, Luminosity Gaming Star, Nick Eh 30. Enthusiast Gaming also offers a review platform to ensure the credibility of gaming content. The platform, called "GIZORAMA," collects gaming reviews from various sources and aggregates the information in a structured format for potential buyers. In addition to these divisions, Enthusiast Gaming has also expanded into the e-commerce sector. An example of its product range is the Luminosity Gaming Store, where fans can purchase Luminosity Gaming products such as T-shirts, hoodies, and face masks. Enthusiast Gaming also has experience in developing hardware-related products, including gaming mice and keyboards, with the release of its own brand, Ownr Series. Enthusiast Gaming Holdings has experienced rapid growth in recent years. This is due to the increasing popularity of gaming and esports, as well as the company's ability to build and maintain its communities. In just two years, Enthusiast Gaming Holdings Inc. has increased its number of monthly active users from 80.0 million in 2020 to 300.4 million in 2021. Enthusiast Gaming Holdings Inc. is headquartered in Toronto, Canada, and is listed on the Toronto Stock Exchange under the ticker symbol EGLX and on the NASDAQ Global Market under the ticker symbol EGLX. The company employs over 300 employees in North America and Europe. Enthusiast Gaming Holdings Inc. is a leading company in the gaming industry and aims to be at the forefront of creating unique gaming experiences and content. Thanks to its innovative approaches in various divisions, the company will continue to be a significant provider of gaming content and communities. Enthusiast Gaming Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Enthusiast Gaming Holdings's Return on Assets (ROA)

Enthusiast Gaming Holdings'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 Enthusiast Gaming Holdings'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 Enthusiast Gaming Holdings'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 Enthusiast Gaming Holdings’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 Enthusiast Gaming Holdings stock

What is the Return on Assets (ROA) of Enthusiast Gaming Holdings this year?

The Return on Assets (ROA) of Enthusiast Gaming Holdings is -0.5 undefined this year.

What was the ROA of Enthusiast Gaming Holdings compared to the previous year?

The ROA of Enthusiast Gaming Holdings has increased by 121.53% compared to the previous year.

What consequences do high ROA have for investors of Enthusiast Gaming Holdings?

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

What are the consequences of low ROA for investors in Enthusiast Gaming Holdings?

A low ROA can be unfavorable for investors of Enthusiast Gaming Holdings 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 Enthusiast Gaming Holdings affect the company?

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

How does a reduction in ROA of Enthusiast Gaming Holdings impact the company?

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

What are some factors that can influence the ROA of Enthusiast Gaming Holdings?

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

Why is the ROA of Enthusiast Gaming Holdings important for investors?

The ROA of Enthusiast Gaming Holdings 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 Enthusiast Gaming Holdings take to improve ROA?

To improve ROA, Enthusiast Gaming Holdings 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 Enthusiast Gaming Holdings pay?

Over the past 12 months, Enthusiast Gaming Holdings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Enthusiast Gaming Holdings is expected to pay a dividend of 0 CAD.

What is the dividend yield of Enthusiast Gaming Holdings?

The current dividend yield of Enthusiast Gaming Holdings is .

When does Enthusiast Gaming Holdings pay dividends?

Enthusiast Gaming Holdings pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Enthusiast Gaming Holdings?

Enthusiast Gaming Holdings paid dividends every year for the past 0 years.

What is the dividend of Enthusiast Gaming Holdings?

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

In which sector is Enthusiast Gaming Holdings located?

Enthusiast Gaming Holdings is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Enthusiast Gaming Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Enthusiast Gaming Holdings from 9/20/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.

When did Enthusiast Gaming Holdings pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Enthusiast Gaming Holdings in the year 2023?

In the year 2023, Enthusiast Gaming Holdings distributed 0 CAD as dividends.

In which currency does Enthusiast Gaming Holdings pay out the dividend?

The dividends of Enthusiast Gaming Holdings are distributed in CAD.

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Andere Kennzahlen von Enthusiast Gaming Holdings

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