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Golden Entertainment Stock

Golden Entertainment ROA 2024

Golden Entertainment ROA

0.18

Ticker

GDEN

ISIN

US3810131017

WKN

A14XX5

In 2024, Golden Entertainment's return on assets (ROA) was 0.18, a 222.83% increase from the 0.05 ROA in the previous year.

Golden Entertainment Aktienanalyse

What does Golden Entertainment do?

Golden Entertainment Inc (GEI) is an American company operating in the entertainment industry. It was founded in 1998 and is headquartered in Las Vegas, Nevada. The company is listed on the NASDAQ stock exchange and employs over 8,500 people. GEI specializes in various business areas, including casinos, bars, restaurants, hotels, and entertainment offerings. Currently, GEI operates 10 casinos in Nevada and Maryland. The casinos offer a variety of games such as table games, slot machines, sports betting, and bingo. The restaurants and bars in the casinos offer a wide range of food and drinks. Another business area of GEI is sports betting. The company operates a sports betting platform called "Stratosphere Sports" that allows customers to bet on a variety of sports events. The platform is available online and on mobile devices, offering bets on various sports such as football, basketball, hockey, and more. In addition to casinos and sports betting, GEI also operates a hotel chain in Las Vegas. The "Stratosphere Hotel and Tower" offers luxurious rooms and suites, as well as numerous facilities such as a pool, gym, and spa. The company also operates an entertainment division called "ACEP Entertainment". This division offers a variety of entertainment offerings, including concerts, comedy shows, and more. ACEP Entertainment also annually organizes the "Laughlin River Run", the largest motorcycle event in the southwestern United States. Golden Entertainment is an innovative company that is constantly striving to expand its business and enter new market segments. GEI recently formed a strategic partnership with William Hill, a leading provider of sports betting, to expand the offering of sports betting in its casinos and online. Overall, Golden Entertainment is a versatile company operating in many areas of the entertainment industry. The company has a strong market position through its various divisions and products, and is able to offer customers a wide range of entertainment offerings. The company has successfully expanded in the past and has set the stage for further growth through its innovative spirit. Golden Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Golden Entertainment's Return on Assets (ROA)

Golden Entertainment'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 Golden Entertainment'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 Golden Entertainment'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 Golden Entertainment’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 Golden Entertainment stock

What is the Return on Assets (ROA) of Golden Entertainment this year?

The Return on Assets (ROA) of Golden Entertainment is 0.18 undefined this year.

What was the ROA of Golden Entertainment compared to the previous year?

The ROA of Golden Entertainment has increased by 222.83% compared to the previous year.

What consequences do high ROA have for investors of Golden Entertainment?

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

What are the consequences of low ROA for investors in Golden Entertainment?

A low ROA can be unfavorable for investors of Golden Entertainment 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 Golden Entertainment affect the company?

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

How does a reduction in ROA of Golden Entertainment impact the company?

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

What are some factors that can influence the ROA of Golden Entertainment?

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

Why is the ROA of Golden Entertainment important for investors?

The ROA of Golden Entertainment 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 Golden Entertainment take to improve ROA?

To improve ROA, Golden Entertainment 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 Golden Entertainment pay?

Over the past 12 months, Golden Entertainment paid a dividend of 2 USD . This corresponds to a dividend yield of about 6.21 %. For the coming 12 months, Golden Entertainment is expected to pay a dividend of 1.37 USD.

What is the dividend yield of Golden Entertainment?

The current dividend yield of Golden Entertainment is 6.21 %.

When does Golden Entertainment pay dividends?

Golden Entertainment pays a quarterly dividend. This is distributed in the months of September, April, July, October.

How secure is the dividend of Golden Entertainment?

Golden Entertainment paid dividends every year for the past 4 years.

What is the dividend of Golden Entertainment?

For the upcoming 12 months, dividends amounting to 1.37 USD are expected. This corresponds to a dividend yield of 4.27 %.

In which sector is Golden Entertainment located?

Golden Entertainment is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Golden Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Golden Entertainment from 10/2/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 9/17/2024.

When did Golden Entertainment pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Golden Entertainment in the year 2023?

In the year 2023, Golden Entertainment distributed 0 USD as dividends.

In which currency does Golden Entertainment pay out the dividend?

The dividends of Golden Entertainment are distributed in USD.

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Andere Kennzahlen von Golden Entertainment

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