Hitech Group Australia Stock

Hitech Group Australia Liabilities 2024

Hitech Group Australia Liabilities

7.75 M AUD

Ticker

HIT.AX

ISIN

AU000000HIT1

WKN

A0ESLA

In 2024, Hitech Group Australia's total liabilities amounted to 7.75 M AUD, a 39.89% difference from the 5.54 M AUD total liabilities in the previous year.

Hitech Group Australia Aktienanalyse

What does Hitech Group Australia do?

Hitech Group Australia Ltd is a company based in Sydney, Australia. It was founded in 1991 and has since become a leading provider of electrical products and services. The business model of Hitech Group Australia Ltd is based on developing and manufacturing products that help customers improve their energy efficiency and save money. The company is divided into several business divisions. One of the main areas of focus for Hitech Group Australia Ltd is the production of energy efficiency products. This includes LED lighting systems, photovoltaic systems, and energy storage. These products are used by both businesses and consumers to reduce their energy consumption and costs. Another important business division for Hitech Group Australia Ltd is electrical installation. The company offers a wide range of electrical services, including the installation of lighting systems, security systems, and networks. Hitech Group Australia Ltd prides itself on providing its customers with a high level of technical expertise and a first-class service team. Hitech Group Australia Ltd also has a division for renewable energy. The company offers consulting services to businesses and consumers to facilitate the transition to clean energy. It also assists in the development and implementation of renewable energy projects, such as wind farms, solar installations, and biomass power plants. Hitech Group Australia Ltd has also specialized in manufacturing products for use in data centers. The company offers a wide range of products, including air conditioning, UPS systems, and power supplies. These products are used to ensure that data centers can operate around the clock and that no data loss occurs due to power outages or other issues. In recent years, Hitech Group Australia Ltd has also expanded in the field of electromobility. The company offers a wide range of electric chargers for all types of electric vehicles. It has also partnered with electric vehicle manufacturers to ensure seamless integration of charging stations with their vehicles. Over the years, the company has received numerous awards for its products and services. It is recognized by the Australian government for its outstanding contributions to energy efficiency. It has also been recognized by industry media for its innovative products and services. Hitech Group Australia Ltd has gained a reputation for its commitment to quality, innovation, and customer satisfaction. The company has become a leading provider of electrical products and services and aims to provide its customers with top-quality products and support. Answer: Hitech Group Australia Ltd is a leading provider of electrical products and services, specializing in energy efficiency, electrical installation, renewable energy, data center solutions, and electromobility. The company has received recognition from the Australian government and industry media for its outstanding contributions and innovative products. Hitech Group Australia Ltd is committed to providing high-quality products and customer support. Hitech Group Australia ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Hitech Group Australia's Liabilities

Hitech Group Australia's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Hitech Group Australia's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Hitech Group Australia's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Hitech Group Australia's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Hitech Group Australia’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Hitech Group Australia stock

What is the level of liabilities of Hitech Group Australia this year?

Hitech Group Australia has a debt balance of 7.75 M AUD this year.

What were the liabilities of Hitech Group Australia compared to the previous year?

The liabilities of Hitech Group Australia have increased by 39.89% increased compared to the previous year.

What are the consequences of high debt for investors of Hitech Group Australia?

High liabilities can pose a risk for investors of Hitech Group Australia, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Hitech Group Australia?

Low liabilities mean that Hitech Group Australia has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Hitech Group Australia affect the company?

An increase in liabilities of Hitech Group Australia can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Hitech Group Australia affect the company?

A decrease in the liabilities of Hitech Group Australia can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Hitech Group Australia?

Some factors that can influence the liabilities of Hitech Group Australia include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Hitech Group Australia so important for investors?

The liabilities of Hitech Group Australia are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Hitech Group Australia take to modify the liabilities?

To change its liabilities, Hitech Group Australia can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Hitech Group Australia pay?

Over the past 12 months, Hitech Group Australia paid a dividend of 0.14 AUD . This corresponds to a dividend yield of about 6.84 %. For the coming 12 months, Hitech Group Australia is expected to pay a dividend of 0.14 AUD.

What is the dividend yield of Hitech Group Australia?

The current dividend yield of Hitech Group Australia is 6.84 %.

When does Hitech Group Australia pay dividends?

Hitech Group Australia pays a quarterly dividend. This is distributed in the months of January, April, October, April.

How secure is the dividend of Hitech Group Australia?

Hitech Group Australia paid dividends every year for the past 8 years.

What is the dividend of Hitech Group Australia?

For the upcoming 12 months, dividends amounting to 0.14 AUD are expected. This corresponds to a dividend yield of 6.84 %.

In which sector is Hitech Group Australia located?

Hitech Group Australia is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hitech Group Australia kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hitech Group Australia from 3/19/2024 amounting to 0.071 AUD, you needed to have the stock in your portfolio before the ex-date on 3/4/2024.

When did Hitech Group Australia pay the last dividend?

The last dividend was paid out on 3/19/2024.

What was the dividend of Hitech Group Australia in the year 2023?

In the year 2023, Hitech Group Australia distributed 0.174 AUD as dividends.

In which currency does Hitech Group Australia pay out the dividend?

The dividends of Hitech Group Australia are distributed in AUD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Hitech Group Australia

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