Globe International Stock

Globe International ROE 2024

Globe International ROE

0.02

Ticker

GLB.AX

ISIN

AU000000GLB5

WKN

796468

In 2024, Globe International's return on equity (ROE) was 0.02, a -91.05% increase from the 0.25 ROE in the previous year.

Globe International Aktienanalyse

What does Globe International do?

Globe International Ltd is an Australian company that was founded in 1984. It is a manufacturer of sporting goods and clothing for skateboarding, snowboarding, and surfing. The company is headquartered in Melbourne and also has offices in Los Angeles and Biarritz. The history of Globe International Ltd began in the 1970s when brothers Peter and Stephen Hill discovered skateboarding in Melbourne. In the late 1970s, they began making and selling their own skateboards. In 1984, they finally established the company Globe International Ltd to make their skateboards and clothing accessible to other skaters. In the 1990s, Globe International Ltd expanded into the USA and Europe and started catering to other sports such as snowboarding and surfing. The company works closely with professional skaters, snowboarders, and surfers to develop products that meet the needs and requirements of athletes. Globe International Ltd's business model is based on the development and production of high-quality sporting goods and clothing for skateboarding, snowboarding, and surfing. The company strives to develop technically advanced products that meet the needs of the athletes who use them. Globe International Ltd serves both end customers and retailers who sell the company's products in their stores. Globe International Ltd is divided into various divisions, each focusing on a specific product category. The skateboard division of Globe International Ltd produces skateboards, trucks, wheels, and accessories. The snowboard division produces snowboards, bindings, boots, and accessories. The surf division produces surfboards, wetsuits, and accessories. In addition to these specialized divisions, Globe International Ltd also has a clothing division that produces a variety of garments for skateboarding, snowboarding, and surfing. Products from Globe International Ltd include skateboards, snowboards, surfboards, clothing, shoes, hats, backpacks, and accessories. Globe International Ltd's skateboards are known for their durability, maneuverability, and lightweight construction. The snowboards are appreciated for their high performance, flexibility, and stability. The surfboards are known for their stability, speed, and durability. Globe International Ltd's clothing is functional, stylish, and of high quality. In recent years, Globe International Ltd has also begun producing environmentally friendly products. The products are made from sustainable materials and designed to generate as little waste and environmental impact as possible. Overall, Globe International Ltd is a leading manufacturer of sporting goods and clothing for skateboarding, snowboarding, and surfing. The company has a long history and is committed to developing products that meet the needs of the athletes who use them. Globe International Ltd is divided into different divisions and offers a variety of products, including skateboards, snowboards, surfboards, clothing, and accessories. The company is also committed to environmental friendliness and is increasingly producing environmentally friendly products. Globe International ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Globe International's Return on Equity (ROE)

Globe International'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 Globe International'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

Globe International'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 Globe International’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 Globe International stock

What is the ROE (Return on Equity) of Globe International this year?

The ROE of Globe International this year is 0.02 undefined.

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

The ROE of Globe International has increased by -91.05% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Globe International?

A high ROE indicates that Globe International 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 Globe International?

A low ROE can indicate that Globe International 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 Globe International affect the company?

A change in ROE (Return on Equity) of Globe International 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 Globe International?

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 Globe International?

Some factors that can influence Globe International'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 Globe International pay?

Over the past 12 months, Globe International paid a dividend of 0.1 AUD . This corresponds to a dividend yield of about 2.74 %. For the coming 12 months, Globe International is expected to pay a dividend of 0.1 AUD.

What is the dividend yield of Globe International?

The current dividend yield of Globe International is 2.74 %.

When does Globe International pay dividends?

Globe International pays a quarterly dividend. This is distributed in the months of April, October, April, October.

How secure is the dividend of Globe International?

Globe International paid dividends every year for the past 9 years.

What is the dividend of Globe International?

For the upcoming 12 months, dividends amounting to 0.1 AUD are expected. This corresponds to a dividend yield of 2.74 %.

In which sector is Globe International located?

Globe International is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Globe International kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Globe International from 9/20/2024 amounting to 0.186 AUD, you needed to have the stock in your portfolio before the ex-date on 9/5/2024.

When did Globe International pay the last dividend?

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

What was the dividend of Globe International in the year 2023?

In the year 2023, Globe International distributed 0.457 AUD as dividends.

In which currency does Globe International pay out the dividend?

The dividends of Globe International are distributed in AUD.

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Andere Kennzahlen von Globe International

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