RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Housing Development Finance Corporation ROA 2024

Housing Development Finance Corporation ROA

0.02

Housing Development Finance Corporation Dividend yield

1.62 %

Ticker

HDFC.NS

ISIN

INE001A01036

WKN

A1C3WN

In 2024, Housing Development Finance Corporation's return on assets (ROA) was 0.02, a 2.51% increase from the 0.02 ROA in the previous year.

Housing Development Finance Corporation Aktienanalyse

What does Housing Development Finance Corporation do?

The Housing Development Finance Corporation Ltd (HDFC Ltd) is an Indian financial company that was established in 1977 with the aim of promoting housing development in India. Today, it is one of the largest financial companies in the country and offers a wide range of financial services for housing and construction. HDFC Ltd was founded by Hasmukh C. Parekh, who recognized the significant need for housing finance options in India. Initially, HDFC Ltd was conceived as a public-private partnership between the Government of India and private investors, but over the years, it became a fully private company. From the beginning, HDFC Ltd was quite successful. In 1981, it conducted its first public stock offering, raising INR 1.5 billion (approximately 20 million euros). In 1993 and 1994, HDFC Ltd became the first Indian company to receive a AAA rating from international credit rating agencies. Today, HDFC Ltd is one of the largest and most respected financial institutions in India, providing not only housing finance options but also operating in various other sectors such as insurance, investment, and banking services. HDFC Ltd's business model is based on the principle of equity and risk mitigation. This means that the company primarily uses equity from investors to provide housing loans, thereby minimizing the risk of loan defaults. HDFC Ltd also offers various other financial services such as deposits, insurance, and investment products, and is also involved in asset management. The company follows a dual-track growth strategy, aiming to expand its core business areas (housing loans) and also expand into new business fields (such as insurance). HDFC Ltd is divided into different divisions to manage its various business fields. These divisions include HDFC Bank Limited for banking operations, HDFC Asset Management Company Limited for investment products, HDFC ERGO General Insurance Company Limited for general insurance, and HDFC Life Insurance Company Limited for life insurance. HDFC Ltd offers a wide range of products to meet the financing and insurance needs in housing and beyond. Some of the key products include housing loans, personal loans for purposes such as education, travel, or weddings, banking services like deposits and transfers, investment products like funds and portfolios, and insurance products such as vehicle, health, home, and life insurance. In conclusion, HDFC Ltd is one of the most well-known and largest financial institutions in India. It is dedicated to promoting housing development in the country and offers a wide range of financing options for housing and other personal purposes. Additionally, HDFC Ltd is also active in other sectors such as banking, insurance, and investment products. Housing Development Finance Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Housing Development Finance Corporation's Return on Assets (ROA)

Housing Development Finance Corporation'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 Housing Development Finance Corporation'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 Housing Development Finance Corporation'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 Housing Development Finance Corporation’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 Housing Development Finance Corporation Stock

What is the Return on Assets (ROA) of Housing Development Finance Corporation this year?

The Return on Assets (ROA) of Housing Development Finance Corporation is 0.02 undefined this year.

What was the ROA of Housing Development Finance Corporation compared to the previous year?

The ROA of Housing Development Finance Corporation has increased by 2.51% compared to the previous year.

What consequences do high ROA have for investors of Housing Development Finance Corporation?

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

What are the consequences of low ROA for investors in Housing Development Finance Corporation?

A low ROA can be unfavorable for investors of Housing Development Finance Corporation 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 Housing Development Finance Corporation affect the company?

An increase in ROA of Housing Development Finance Corporation can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Housing Development Finance Corporation impact the company?

A reduction in the ROA of Housing Development Finance Corporation can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Housing Development Finance Corporation?

Some factors that can influence the ROA of Housing Development Finance Corporation include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Housing Development Finance Corporation important for investors?

The ROA of Housing Development Finance Corporation 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 Housing Development Finance Corporation take to improve ROA?

To improve ROA, Housing Development Finance Corporation 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 Housing Development Finance Corporation pay?

Over the past 12 months, Housing Development Finance Corporation paid a dividend of 44 INR . This corresponds to a dividend yield of about 1.62 %. For the coming 12 months, Housing Development Finance Corporation is expected to pay a dividend of 48.28 INR.

What is the dividend yield of Housing Development Finance Corporation?

The current dividend yield of Housing Development Finance Corporation is 1.62 %.

When does Housing Development Finance Corporation pay dividends?

Housing Development Finance Corporation pays a quarterly dividend. This is distributed in the months of August, June, June, June.

How secure is the dividend of Housing Development Finance Corporation?

Housing Development Finance Corporation paid dividends every year for the past 24 years.

What is the dividend of Housing Development Finance Corporation?

For the upcoming 12 months, dividends amounting to 48.28 INR are expected. This corresponds to a dividend yield of 1.77 %.

In which sector is Housing Development Finance Corporation located?

Housing Development Finance Corporation is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Housing Development Finance Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Housing Development Finance Corporation from 6/1/2023 amounting to 44 INR, you needed to have the stock in your portfolio before the ex-date on 5/16/2023.

When did Housing Development Finance Corporation pay the last dividend?

The last dividend was paid out on 6/1/2023.

What was the dividend of Housing Development Finance Corporation in the year 2023?

In the year 2023, Housing Development Finance Corporation distributed 30 INR as dividends.

In which currency does Housing Development Finance Corporation pay out the dividend?

The dividends of Housing Development Finance Corporation are distributed in INR.

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Andere Kennzahlen von Housing Development Finance Corporation

Our stock analysis for Housing Development Finance Corporation 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 Housing Development Finance Corporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.