Good Energy Group Stock

Good Energy Group ROA 2024

Good Energy Group ROA

0.03

Ticker

GOOD.L

ISIN

GB0033600353

WKN

A1J2D2

In 2024, Good Energy Group's return on assets (ROA) was 0.03, a -67.6% increase from the 0.08 ROA in the previous year.

Good Energy Group Aktienanalyse

What does Good Energy Group do?

The Good Energy Group PLC is a British company specializing in renewable energy and energy efficiency. It was founded in 1999 by Juliet Davenport, who wanted to create a more sustainable energy supply. The company has been instrumental in the transition to renewable energy in the UK. Good Energy's business model is based on generating and selling 100% renewable electricity and gas to households and businesses in the UK. The company operates its own wind, water, solar, and biomass power plants, and also purchases electricity from other renewable sources. Good Energy also offers customers the opportunity to invest in renewable electricity generation and has its own energy efficiency department. The different divisions of Good Energy include generation, sales, energy efficiency, and investments. Generation is one of the company's core pillars and includes several wind farms, a hydropower plant, solar panels on roofs and open fields, and a biomass plant. Good Energy produces over 330,000 MWh of electricity and heat annually from renewable energy sources. The sale of 100% renewable electricity and gas to residential and business customers is the second pillar of the business model. The company offers a range of tariffs with competitive prices and various options to meet customer needs. Good Energy utilizes its own network of customers and supporters to raise awareness about climate change and the need to transition to renewable energy. The company also places emphasis on energy efficiency and savings. Its team of consultants helps businesses and individuals reduce energy costs and carbon dioxide emissions. Good Energy also offers its own online tools to help customers calculate their energy costs and identify potential for reducing energy consumption and costs. Investment in renewable energy is another important aspect of Good Energy's business model. The company has launched a crowdfunding and debtor financing program to allow private investors to invest in renewable electricity generation. The crowdfunding program allows investors to invest in wind, hydropower, and other projects with a fixed return. The debtor financing program is aimed at businesses that want to receive quick payment for their invoices and offers a guaranteed repayment of investments. Good Energy offers a wide range of products and services to meet customers' needs for clean, reliable, and affordable electricity supply. The company also plays an important role in promoting renewable energy and reducing greenhouse gas emissions. For customers and investors, Good Energy is a good choice for investing in a future with renewable energy sources. Good Energy Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Good Energy Group's Return on Assets (ROA)

Good Energy Group'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 Good Energy Group'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 Good Energy Group'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 Good Energy Group’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 Good Energy Group stock

What is the Return on Assets (ROA) of Good Energy Group this year?

The Return on Assets (ROA) of Good Energy Group is 0.03 undefined this year.

What was the ROA of Good Energy Group compared to the previous year?

The ROA of Good Energy Group has increased by -67.6% compared to the previous year.

What consequences do high ROA have for investors of Good Energy Group?

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

What are the consequences of low ROA for investors in Good Energy Group?

A low ROA can be unfavorable for investors of Good Energy Group 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 Good Energy Group affect the company?

An increase in ROA of Good Energy Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Good Energy Group impact the company?

A reduction in the ROA of Good Energy Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Good Energy Group?

Some factors that can influence the ROA of Good Energy Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Good Energy Group important for investors?

The ROA of Good Energy Group 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 Good Energy Group take to improve ROA?

To improve ROA, Good Energy Group 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 Good Energy Group pay?

Over the past 12 months, Good Energy Group paid a dividend of 0.03 GBP . This corresponds to a dividend yield of about 0.79 %. For the coming 12 months, Good Energy Group is expected to pay a dividend of 0.03 GBP.

What is the dividend yield of Good Energy Group?

The current dividend yield of Good Energy Group is 0.79 %.

When does Good Energy Group pay dividends?

Good Energy Group pays a quarterly dividend. This is distributed in the months of July, October, July, October.

How secure is the dividend of Good Energy Group?

Good Energy Group paid dividends every year for the past 7 years.

What is the dividend of Good Energy Group?

For the upcoming 12 months, dividends amounting to 0.03 GBP are expected. This corresponds to a dividend yield of 0.8 %.

In which sector is Good Energy Group located?

Good Energy Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Good Energy Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Good Energy Group from 10/25/2024 amounting to 0.011 GBP, you needed to have the stock in your portfolio before the ex-date on 9/26/2024.

When did Good Energy Group pay the last dividend?

The last dividend was paid out on 10/25/2024.

What was the dividend of Good Energy Group in the year 2023?

In the year 2023, Good Energy Group distributed 0.026 GBP as dividends.

In which currency does Good Energy Group pay out the dividend?

The dividends of Good Energy Group are distributed in GBP.

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Andere Kennzahlen von Good Energy Group

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