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IGM Financial Stock

IGM Financial ROA 2024

IGM Financial ROA

0.06

Ticker

IGM.TO

ISIN

CA4495861060

WKN

A0CBFW

In 2024, IGM Financial's return on assets (ROA) was 0.06, a 33% increase from the 0.05 ROA in the previous year.

IGM Financial Aktienanalyse

What does IGM Financial do?

IGM Financial Inc. is a Canadian company that was founded in 1926. The company is listed on the Toronto Stock Exchange and is one of the largest publicly traded corporate groups in Canada. It focuses on wealth management and investment advisory services for affluent individuals and institutional investors. IGM operates as a holding company for three major subsidiaries: Investors Group Inc., Mackenzie Financial Corporation, and Investment Planning Counsel Inc. Investors Group offers a wide range of investment products, Mackenzie provides investment funds, and IPC offers financial planning services. IGM is committed to meeting the financial needs of its clients and aims to continue its growth and success in the future. IGM Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding IGM Financial's Return on Assets (ROA)

IGM Financial'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 IGM Financial'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 IGM Financial'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 IGM Financial’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 IGM Financial stock

What is the Return on Assets (ROA) of IGM Financial this year?

The Return on Assets (ROA) of IGM Financial is 0.06 undefined this year.

What was the ROA of IGM Financial compared to the previous year?

The ROA of IGM Financial has increased by 33% compared to the previous year.

What consequences do high ROA have for investors of IGM Financial?

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

What are the consequences of low ROA for investors in IGM Financial?

A low ROA can be unfavorable for investors of IGM Financial 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 IGM Financial affect the company?

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

How does a reduction in ROA of IGM Financial impact the company?

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

What are some factors that can influence the ROA of IGM Financial?

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

Why is the ROA of IGM Financial important for investors?

The ROA of IGM Financial 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 IGM Financial take to improve ROA?

To improve ROA, IGM Financial 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 IGM Financial pay?

Over the past 12 months, IGM Financial paid a dividend of 2.25 CAD . This corresponds to a dividend yield of about 5.59 %. For the coming 12 months, IGM Financial is expected to pay a dividend of 2.37 CAD.

What is the dividend yield of IGM Financial?

The current dividend yield of IGM Financial is 5.59 %.

When does IGM Financial pay dividends?

IGM Financial pays a quarterly dividend. This is distributed in the months of April, July, October, October.

How secure is the dividend of IGM Financial?

IGM Financial paid dividends every year for the past 25 years.

What is the dividend of IGM Financial?

For the upcoming 12 months, dividends amounting to 2.37 CAD are expected. This corresponds to a dividend yield of 5.9 %.

In which sector is IGM Financial located?

IGM Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von IGM Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of IGM Financial from 10/31/2024 amounting to 0.41 CAD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did IGM Financial pay the last dividend?

The last dividend was paid out on 10/31/2024.

What was the dividend of IGM Financial in the year 2023?

In the year 2023, IGM Financial distributed 2.25 CAD as dividends.

In which currency does IGM Financial pay out the dividend?

The dividends of IGM Financial are distributed in CAD.

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Andere Kennzahlen von IGM Financial

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