Finolex Cables Stock

Finolex Cables ROE 2024

Finolex Cables ROE

0.13

Ticker

FINCABLES.NS

ISIN

INE235A01022

In 2024, Finolex Cables's return on equity (ROE) was 0.13, a -13.74% increase from the 0.15 ROE in the previous year.

Finolex Cables Aktienanalyse

What does Finolex Cables do?

Finolex Cables ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Finolex Cables's Return on Equity (ROE)

Finolex Cables's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Finolex Cables's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Finolex Cables's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Finolex Cables’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Finolex Cables stock

What is the ROE (Return on Equity) of Finolex Cables this year?

The ROE of Finolex Cables this year is 0.13 undefined.

How has the Return on Equity (ROE) of Finolex Cables developed compared to the previous year?

The ROE of Finolex Cables has increased by -13.74% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Finolex Cables?

A high ROE indicates that Finolex Cables generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Finolex Cables?

A low ROE can indicate that Finolex Cables is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Finolex Cables affect the company?

A change in ROE (Return on Equity) of Finolex Cables can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Finolex Cables?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Finolex Cables?

Some factors that can influence Finolex Cables's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Finolex Cables pay?

Over the past 12 months, Finolex Cables paid a dividend of 8 INR . This corresponds to a dividend yield of about 0.7 %. For the coming 12 months, Finolex Cables is expected to pay a dividend of 9.01 INR.

What is the dividend yield of Finolex Cables?

The current dividend yield of Finolex Cables is 0.7 %.

When does Finolex Cables pay dividends?

Finolex Cables pays a quarterly dividend. This is distributed in the months of October, October, October, October.

How secure is the dividend of Finolex Cables?

Finolex Cables paid dividends every year for the past 23 years.

What is the dividend of Finolex Cables?

For the upcoming 12 months, dividends amounting to 9.01 INR are expected. This corresponds to a dividend yield of 0.79 %.

In which sector is Finolex Cables located?

Finolex Cables is assigned to the 'Industry' sector.

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

To receive the latest dividend of Finolex Cables from 10/27/2024 amounting to 8 INR, you needed to have the stock in your portfolio before the ex-date on 9/17/2024.

When did Finolex Cables pay the last dividend?

The last dividend was paid out on 10/27/2024.

What was the dividend of Finolex Cables in the year 2023?

In the year 2023, Finolex Cables distributed 7 INR as dividends.

In which currency does Finolex Cables pay out the dividend?

The dividends of Finolex Cables are distributed in INR.

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Andere Kennzahlen von Finolex Cables

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