What is the Return on Assets (ROA) of Gohealth this year?
The Return on Assets (ROA) of Gohealth is -0.04 undefined this year.
Gohealth ROA 2024
Gohealth ROA
-0.04
Ticker
GOCO
ISIN
US38046W1053
WKN
A2P7L1
In 2024, Gohealth's return on assets (ROA) was -0.04, a -52.93% increase from the -0.09 ROA in the previous year.
Gohealth Aktienanalyse
What does Gohealth do?
GoHealth Inc. is a leading provider of digital health services in the USA. The company was founded in Chicago in 2001 and has since evolved into a versatile provider of digital health services. The business model is based on the integration of technology and human expertise to offer patients and customers digital health services. GoHealth targets the younger generation, who are accustomed to using digital services. Healthcare is considered expensive and less accessible for uninsured individuals in the USA. GoHealth stands for providing access to affordable and easily accessible healthcare services. The company offers a fully digital platform where customers and patients can interact with licensed insurance agents and use machine learning technology to find suitable insurance plans. The different divisions of GoHealth include: 1. Private health insurance GoHealth offers a wide range of private health insurance plans that cater to the needs of customers. Customers can choose from a variety of health insurance plans offered by leading insurance companies such as UnitedHealthcare, Humana, Oscar Health, Aetna, and Kaiser Permanente. The company has also specialized in selling short-term insurance plans designed for periods of less than a year or for individuals with precarious work conditions. 2. Medicare Advantage GoHealth's Medicare offering is a key component of its offering for older adults. The company provides comprehensive support to its customers in selecting the appropriate Medicare plan to ensure they choose the best option for their needs. The company has also introduced a tool for virtual health visits, which ensures that Medicare insurance policyholders can receive medical advice and support comfortably from home. 3. Prescription drug insurance GoHealth also operates an award-winning platform for prescription drug insurance. The platform helps customers find the most suitable medications for them while saving costs. GoHealth takes pride in enabling its customers to safely and reliably purchase their medications online. GoHealth has also entered the market of emergency insurance. Customers can get insurance coverage that provides secure financing in unforeseen situations, such as hospital stays or emergency treatment. Although GoHealth's core business is insurance sales, the company also offers a wide range of health services that can be conducted virtually. These include telemedicine, digital prevention, digital rehabilitation, and more. The company aims to provide its customers with a complete health platform that gives them maximum control over their health. Overall, GoHealth aims to radically transform American healthcare services and capitalize on the opportunities presented by technology and innovation. The company forms partnerships with insurance companies and healthcare organizations to expand its reach and offerings. With its broad range of digital health services, GoHealth is well-equipped to revolutionize the US healthcare sector. Gohealth ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Gohealth's Return on Assets (ROA)
Gohealth'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 Gohealth'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 Gohealth'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 Gohealth’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 Gohealth stock
What was the ROA of Gohealth compared to the previous year?
The ROA of Gohealth has increased by -52.93% compared to the previous year.
What consequences do high ROA have for investors of Gohealth?
A high ROA is advantageous for investors of Gohealth, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Gohealth?
A low ROA can be unfavorable for investors of Gohealth 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 Gohealth affect the company?
An increase in ROA of Gohealth can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Gohealth impact the company?
A reduction in the ROA of Gohealth can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Gohealth?
Some factors that can influence the ROA of Gohealth include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Gohealth important for investors?
The ROA of Gohealth 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 Gohealth take to improve ROA?
To improve ROA, Gohealth 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 Gohealth pay?
Over the past 12 months, Gohealth paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Gohealth is expected to pay a dividend of 0 USD.
What is the dividend yield of Gohealth?
The current dividend yield of Gohealth is .
When does Gohealth pay dividends?
Gohealth pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Gohealth?
Gohealth paid dividends every year for the past 0 years.
What is the dividend of Gohealth?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Gohealth located?
Gohealth is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Gohealth kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Gohealth from 12/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/2/2024.
When did Gohealth pay the last dividend?
The last dividend was paid out on 12/2/2024.
What was the dividend of Gohealth in the year 2023?
In the year 2023, Gohealth distributed 0 USD as dividends.
In which currency does Gohealth pay out the dividend?
The dividends of Gohealth are distributed in USD.
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Andere Kennzahlen von Gohealth
Our stock analysis for Gohealth 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 Gohealth Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
