Gem Diamonds Stock

Gem Diamonds ROA 2024

Gem Diamonds ROA

-0.01

Ticker

GEMD.L

ISIN

VGG379591065

WKN

A0MK5R

In 2024, Gem Diamonds's return on assets (ROA) was -0.01, a -119.88% increase from the 0.03 ROA in the previous year.

Gem Diamonds Aktienanalyse

What does Gem Diamonds do?

Gem Diamonds Ltd is a global mining company specializing in the production of high-quality diamonds. It was originally founded in the UK in 1988 and is headquartered in London. Gem Diamonds operates mines and exploration projects in several countries and is one of the world's leading companies in the production of so-called "exceptional" diamonds. The history of Gem Diamonds began with the acquisition of the Lesotho Promise diamond project in Lesotho in 2006. The company started construction on the most advanced diamond cutting and polishing plant in Lesotho, where the diamonds produced in the Lesotho Promise project were processed. Later, the company also successfully opened diamond mines in other parts of the world, including Botswana and Australia. Gem Diamonds currently operates several mines in Lesotho, Botswana, and Australia. The company follows a strategy of mining exceptionally large and high-quality diamonds. It has a targeted approach to exploring and developing mining deposits and is known for its ability to produce and sell high-quality diamonds. Gem Diamonds' business model is based on mining high-quality diamonds and marketing them to jewelers, jewelry designers, and traders worldwide. The company strives to adhere to the highest environmental standards in diamond production and promote the well-being of local communities. It applies the latest technologies and sustainable methods. Gem Diamonds specializes in rough diamonds of high grade weighing more than 100 carats, which are rare. The foundation of Gem Diamonds' business is the sale of such diamonds to diamond dealers for sale to jewelers or, in some cases, individual customers. Gem Diamonds also offers special, 100% transparent diamonds that are traceable and enable the tracking of diamonds from the mine to the retailer. The company has its own brand of "Rare Blue" diamonds, which are among the rarest in the world. Another special product of Gem Diamonds is the Letseng Star of Lesotho, a 910-carat diamond considered the seventh largest diamond in the world, found in the Letseng mine in Lesotho. Gem Diamonds sees itself as a responsible company that sets high standards in areas such as safety, environment, and social environment. The company has launched numerous initiatives to support the local community, including promoting education and training, providing health education, and supporting local development projects. In summary, Gem Diamonds is a leading global mining company specializing in the production of high-quality diamonds. The company operates mines in several countries and is known for its ability to produce and sell exceptional diamonds. Gem Diamonds follows a strategy of sustainability and strives to adhere to the highest standards of environmental and social responsibility. Gem Diamonds ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Gem Diamonds's Return on Assets (ROA)

Gem Diamonds'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 Gem Diamonds'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 Gem Diamonds'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 Gem Diamonds’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 Gem Diamonds stock

What is the Return on Assets (ROA) of Gem Diamonds this year?

The Return on Assets (ROA) of Gem Diamonds is -0.01 undefined this year.

What was the ROA of Gem Diamonds compared to the previous year?

The ROA of Gem Diamonds has increased by -119.88% compared to the previous year.

What consequences do high ROA have for investors of Gem Diamonds?

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

What are the consequences of low ROA for investors in Gem Diamonds?

A low ROA can be unfavorable for investors of Gem Diamonds 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 Gem Diamonds affect the company?

An increase in ROA of Gem Diamonds can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Gem Diamonds impact the company?

A reduction in the ROA of Gem Diamonds can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Gem Diamonds?

Some factors that can influence the ROA of Gem Diamonds include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Gem Diamonds important for investors?

The ROA of Gem Diamonds 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 Gem Diamonds take to improve ROA?

To improve ROA, Gem Diamonds 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 Gem Diamonds pay?

Over the past 12 months, Gem Diamonds paid a dividend of 0.03 USD . This corresponds to a dividend yield of about 18.89 %. For the coming 12 months, Gem Diamonds is expected to pay a dividend of 0 USD.

What is the dividend yield of Gem Diamonds?

The current dividend yield of Gem Diamonds is 18.89 %.

When does Gem Diamonds pay dividends?

Gem Diamonds pays a quarterly dividend. This is distributed in the months of June, June, June, June.

How secure is the dividend of Gem Diamonds?

Gem Diamonds paid dividends every year for the past 0 years.

What is the dividend of Gem Diamonds?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 1.17 %.

In which sector is Gem Diamonds located?

Gem Diamonds is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Gem Diamonds kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gem Diamonds from 6/21/2022 amounting to 0.027 USD, you needed to have the stock in your portfolio before the ex-date on 5/19/2022.

When did Gem Diamonds pay the last dividend?

The last dividend was paid out on 6/21/2022.

What was the dividend of Gem Diamonds in the year 2023?

In the year 2023, Gem Diamonds distributed 0.027 USD as dividends.

In which currency does Gem Diamonds pay out the dividend?

The dividends of Gem Diamonds are distributed in USD.

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Andere Kennzahlen von Gem Diamonds

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