Harmony Gold Mining Company Stock

Harmony Gold Mining Company ROA 2024

Harmony Gold Mining Company ROA

0.08

Ticker

HAR.JO

ISIN

ZAE000015228

WKN

851267

In 2024, Harmony Gold Mining Company's return on assets (ROA) was 0.08, a -474.67% increase from the -0.02 ROA in the previous year.

Harmony Gold Mining Company Aktienanalyse

What does Harmony Gold Mining Company do?

Harmony Gold Mining Company Ltd is a South African company engaged in gold mining. It was founded in 1950 and is headquartered in Randfontein, Gauteng province. Harmony Gold is one of the largest producers of gold in South Africa and is a leading company in the industry worldwide. The company employs over 30,000 employees and operates 9 underground and 1 open-pit mine in South Africa, as well as a mine in Papua New Guinea. Harmony Gold's business model is based on the extraction and processing of gold and mineral resources as raw materials for the global market. The company focuses on sustainable and environmentally friendly production. Gold production is optimized and improved through modern technologies and innovative processes. Harmony Gold is divided into various business segments. The main divisions are gold mining, mineral exploration, and the production of toll smelting and refineries. In gold mining, the company operates 9 underground and 1 open-pit mine in South Africa and Papua New Guinea. The production capacity is over 900,000 ounces of gold per year. The gold deposits are of high quality and command high prices on the international market. Due to the high gold content, Harmony Gold's products are considered particularly valuable by many customers. Another important area of Harmony Gold is mineral exploration. The company conducts geological studies and investigations to identify potential gold and mineral deposits. In doing so, the company works closely with regulatory authorities and communities to ensure the use of modern technologies and sustainable methods. Harmony Gold also produces toll smelting and refineries. In this process, metals and minerals produced by other companies are processed and refined. By using modern and efficient processes, the company can optimize its production costs and exceed industry standards. Harmony Gold is also known in the industry for its sustainability and responsibility. The company is committed to socio-economic issues such as education, training, and job development. Additionally, the company places great emphasis on workplace safety and environmental protection. The company regularly provides reports and results on these matters. Overall, Harmony Gold Mining Company Ltd is a leading company in the gold industry. The company is popular with many customers due to its high production capacity and quality. Harmony Gold also focuses on sustainable and environmentally friendly production and is committed to socio-economic issues. Harmony Gold Mining Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Harmony Gold Mining Company's Return on Assets (ROA)

Harmony Gold Mining Company'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 Harmony Gold Mining Company'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 Harmony Gold Mining Company'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 Harmony Gold Mining Company’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 Harmony Gold Mining Company stock

What is the Return on Assets (ROA) of Harmony Gold Mining Company this year?

The Return on Assets (ROA) of Harmony Gold Mining Company is 0.08 undefined this year.

What was the ROA of Harmony Gold Mining Company compared to the previous year?

The ROA of Harmony Gold Mining Company has increased by -474.67% compared to the previous year.

What consequences do high ROA have for investors of Harmony Gold Mining Company?

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

What are the consequences of low ROA for investors in Harmony Gold Mining Company?

A low ROA can be unfavorable for investors of Harmony Gold Mining Company 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 Harmony Gold Mining Company affect the company?

An increase in ROA of Harmony Gold Mining Company can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Harmony Gold Mining Company impact the company?

A reduction in the ROA of Harmony Gold Mining Company can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Harmony Gold Mining Company?

Some factors that can influence the ROA of Harmony Gold Mining Company include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Harmony Gold Mining Company important for investors?

The ROA of Harmony Gold Mining Company 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 Harmony Gold Mining Company take to improve ROA?

To improve ROA, Harmony Gold Mining Company 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 Harmony Gold Mining Company pay?

Over the past 12 months, Harmony Gold Mining Company paid a dividend of 1.5 ZAR . This corresponds to a dividend yield of about 0.01 %. For the coming 12 months, Harmony Gold Mining Company is expected to pay a dividend of 1.46 ZAR.

What is the dividend yield of Harmony Gold Mining Company?

The current dividend yield of Harmony Gold Mining Company is 0.01 %.

When does Harmony Gold Mining Company pay dividends?

Harmony Gold Mining Company pays a quarterly dividend. This is distributed in the months of May, November, November, May.

How secure is the dividend of Harmony Gold Mining Company?

Harmony Gold Mining Company paid dividends every year for the past 6 years.

What is the dividend of Harmony Gold Mining Company?

For the upcoming 12 months, dividends amounting to 1.46 ZAR are expected. This corresponds to a dividend yield of 0.01 %.

In which sector is Harmony Gold Mining Company located?

Harmony Gold Mining Company is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Harmony Gold Mining Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Harmony Gold Mining Company from 4/15/2024 amounting to 1.47 ZAR, you needed to have the stock in your portfolio before the ex-date on 4/10/2024.

When did Harmony Gold Mining Company pay the last dividend?

The last dividend was paid out on 4/15/2024.

What was the dividend of Harmony Gold Mining Company in the year 2023?

In the year 2023, Harmony Gold Mining Company distributed 0.62 ZAR as dividends.

In which currency does Harmony Gold Mining Company pay out the dividend?

The dividends of Harmony Gold Mining Company are distributed in ZAR.

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Andere Kennzahlen von Harmony Gold Mining Company

Our stock analysis for Harmony Gold Mining Company 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 Harmony Gold Mining Company Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.