Hardwoods Distribution Stock

Hardwoods Distribution ROA 2024

Hardwoods Distribution ROA

0.09

Ticker

HDI.TO

ISIN

CA4124221074

WKN

A1JCX4

In 2024, Hardwoods Distribution's return on assets (ROA) was 0.09, a 0% increase from the 0 ROA in the previous year.

Hardwoods Distribution Aktienanalyse

What does Hardwoods Distribution do?

The company Hardwoods Distribution Inc was founded in 1984 by Rob Brown and is headquartered in Langley, British Columbia, Canada. The company specializes in the distribution of wood products and operates in North America and Europe. In the early years, the company mainly focused on supplying wood retailers and carpentry shops in British Columbia. However, with the success and growth of the company, they expanded to the entire North American market. In the following years, new branches were opened in the USA, which are responsible for the distribution of wood products in their respective areas. Hardwoods Distribution Inc has evolved over the years to become one of the leading distributors of wood products in North America and has constantly expanded its product portfolio. Today, Hardwoods Distribution Inc offers a wide range of wood and wood products, including raw wood panels, veneers, plywood, tiles, wooden boards, and composite products. To ensure efficient operation and fast delivery of products, the company has extensive inventory and product range at each of its locations. Hardwoods Distribution Inc is divided into three main divisions: Hardwoods Specialty Products, Hardwoods Mouldings, and Hardwoods Plywood & Sheet Goods. Hardwoods Specialty Products offers high-quality veneer and laminate products, including custom veneers, a diverse range of wood veneers in various varieties, and special formats such as 3D panels. Hardwoods Mouldings offers a wide selection of finished furniture elements, including door panels, moldings, trims, and applications. The company also provides customized solutions by designing and manufacturing wooden furniture elements based on individual requirements and customer wishes. Hardwoods Plywood & Sheet Goods focuses on the production and distribution of plywood, fiber boards, OSB boards, MDF, and other wood materials. The company also supplies an extensive range of fire-resistant, moisture-resistant, and acoustic panels. This wide range of products is tailored to the various needs of the wood market and its customers. The company places great emphasis on the quality of its products and always emphasizes the sustainability of its wood sources. It ensures that the wood products it distributes come from responsible, certified sources. Overall, Hardwoods Distribution Inc offers its customers a wide range of high-quality wood products and solutions for their needs. With a strong focus on the quality and sustainability of its products, as well as a well-organized and efficient distribution model, the company has become a leading provider in the North American wood market. Hardwoods Distribution ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Hardwoods Distribution's Return on Assets (ROA)

Hardwoods Distribution'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 Hardwoods Distribution'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 Hardwoods Distribution'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 Hardwoods Distribution’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 Hardwoods Distribution stock

What is the Return on Assets (ROA) of Hardwoods Distribution this year?

The Return on Assets (ROA) of Hardwoods Distribution is 0.09 undefined this year.

What was the ROA of Hardwoods Distribution compared to the previous year?

The ROA of Hardwoods Distribution has increased by 0% compared to the previous year.

What consequences do high ROA have for investors of Hardwoods Distribution?

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

What are the consequences of low ROA for investors in Hardwoods Distribution?

A low ROA can be unfavorable for investors of Hardwoods Distribution 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 Hardwoods Distribution affect the company?

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

How does a reduction in ROA of Hardwoods Distribution impact the company?

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

What are some factors that can influence the ROA of Hardwoods Distribution?

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

Why is the ROA of Hardwoods Distribution important for investors?

The ROA of Hardwoods Distribution 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 Hardwoods Distribution take to improve ROA?

To improve ROA, Hardwoods Distribution 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 Hardwoods Distribution pay?

Over the past 12 months, Hardwoods Distribution paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Hardwoods Distribution is expected to pay a dividend of 0.53 CAD.

What is the dividend yield of Hardwoods Distribution?

The current dividend yield of Hardwoods Distribution is .

When does Hardwoods Distribution pay dividends?

Hardwoods Distribution pays a quarterly dividend. This is distributed in the months of February, May, August, November.

How secure is the dividend of Hardwoods Distribution?

Hardwoods Distribution paid dividends every year for the past 16 years.

What is the dividend of Hardwoods Distribution?

For the upcoming 12 months, dividends amounting to 0.53 CAD are expected. This corresponds to a dividend yield of 1.51 %.

In which sector is Hardwoods Distribution located?

Hardwoods Distribution is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hardwoods Distribution kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hardwoods Distribution from 10/28/2022 amounting to 0.12 CAD, you needed to have the stock in your portfolio before the ex-date on 10/14/2022.

When did Hardwoods Distribution pay the last dividend?

The last dividend was paid out on 10/28/2022.

What was the dividend of Hardwoods Distribution in the year 2023?

In the year 2023, Hardwoods Distribution distributed 0.48 CAD as dividends.

In which currency does Hardwoods Distribution pay out the dividend?

The dividends of Hardwoods Distribution are distributed in CAD.

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Andere Kennzahlen von Hardwoods Distribution

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