IGEN Networks Debt 2024

IGEN Networks Aktienanalyse

What does IGEN Networks do?

IGEN Networks Corp. is a technology company based in Vancouver, Canada. It was founded in 2000 and has been involved in the development and marketing of solutions in the areas of wireless communication, mobile applications, and the Internet of Things (IoT). The history of IGEN Networks Corp began with the development of a cloud-based platform called "Rapid Protect," which allows users to track the position and status of vehicles in real time. This platform was specifically designed to meet the needs of telematics companies and fleet managers and offered numerous features to improve the efficiency and safety of vehicles. Over the years, the business model of IGEN Networks Corp has expanded to include the sale and marketing of products and services in the IoT field. The company pursues a diversified growth strategy based on four pillars: hardware sales, subscription service sales, active asset protection, and passive income generation. The various business areas of IGEN Networks Corp include: 1. Vehicle telematics: Here, the company offers both hardware and software solutions tailored to the needs of fleet managers and vehicle owners. This includes GPS trackers and diagnostic devices connected to the cloud-based "Rapid Protect" platform via mobile communications. This platform allows users to track the location of vehicles in real time and retrieve information about the condition of vehicles, such as engine performance, brakes, battery voltage, and driving behavior. 2. Security and surveillance: This area includes solutions for monitoring assets such as boats, motorcycles, and off-road vehicles. IGEN Networks Corp offers specialized GPS trackers and camera systems that allow users to track the location of assets in real time and activate automatic alarms in case of movement or unusual behavior. 3. Smart home: In this business area, IGEN Networks Corp has developed smart home technology that allows users to manage all connected devices in the house from a single location. The platform includes sensors that collect information about the environment and transmit it to a central control unit. The focus here is on security and energy efficiency. 4. Growth through acquisitions: In addition to organic growth, IGEN Networks Corporation plans strategic acquisitions to further expand its position in the IoT market. As one of the company's flagship products, Rapid Protect offers its customers numerous benefits for more effective and efficient management of vehicle inventories. From real-time positioning to driver specifications and advanced diagnostic data, Rapid Protect is an all-encompassing solution and features incredible technology that serves as the eyes and ears of fleet transportation company leaders and vehicle owners alike. Overall, IGEN Networks Corp has strong growth potential in a rapidly changing market. The company plans to expand its position in the IoT field through further product development and acquisitions to broaden its offerings. IGEN Networks ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding IGEN Networks's Debt Structure

IGEN Networks's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing IGEN Networks's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to IGEN Networks’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in IGEN Networks’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about IGEN Networks stock

What is the debt of IGEN Networks this year?

IGEN Networks has a debt level of 0.79 USD this year.

What was the debt of IGEN Networks compared to the previous year?

The debt of IGEN Networks has increased by 249.81% compared to the previous year increased.

What are the consequences of high debt for investors in IGEN Networks?

High debt can pose a risk for investors of IGEN Networks, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of IGEN Networks?

Low debt means that IGEN Networks has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from IGEN Networks affect the company?

An increase in debt of IGEN Networks can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of IGEN Networks affect the company?

A reduction in debt of IGEN Networks can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of IGEN Networks?

Some factors that can influence the debt of IGEN Networks include investments, acquisitions, operating costs, and revenue development.

Why are the debts of IGEN Networks so important for investors?

The debts of IGEN Networks are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can IGEN Networks take to change the debt?

To change the debt, IGEN Networks can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does IGEN Networks pay?

Over the past 12 months, IGEN Networks paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, IGEN Networks is expected to pay a dividend of 0 USD.

What is the dividend yield of IGEN Networks?

The current dividend yield of IGEN Networks is .

When does IGEN Networks pay dividends?

IGEN Networks pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of IGEN Networks?

IGEN Networks paid dividends every year for the past 0 years.

What is the dividend of IGEN Networks?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is IGEN Networks located?

IGEN Networks is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von IGEN Networks kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of IGEN Networks from 9/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did IGEN Networks pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of IGEN Networks in the year 2023?

In the year 2023, IGEN Networks distributed 0 USD as dividends.

In which currency does IGEN Networks pay out the dividend?

The dividends of IGEN Networks are distributed in USD.