What is the Return on Assets (ROA) of Icelandair Group hf this year?
The Return on Assets (ROA) of Icelandair Group hf is 0.01 undefined this year.
Icelandair Group hf ROA 2024
Icelandair Group hf ROA
0.01
Ticker
ICEAIR.IC
ISIN
IS0000013464
In 2024, Icelandair Group hf's return on assets (ROA) was 0.01, a -217.1% increase from the -0.01 ROA in the previous year.
Icelandair Group hf Aktienanalyse
What does Icelandair Group hf do?
The Icelandair Group hf is a company based in Iceland that offers airline services and other related services. It was founded in 1937 and is headquartered in Reykjavik. Currently, the Icelandair Group hf employs over 4,500 employees worldwide. The company's history can be traced back to 1937 when it started offering flights to transport fishery products. Over the years, the company expanded and began offering passenger flights. In the 1990s, Icelandair further expanded and established subsidiaries such as Icelandair Cargo and Icelandair Holidays. In 2002, Icelandair merged with Flugfelagið to form the Icelandair Group hf. The company's business model is based on offering transportation and tourism services. Icelandair operates as a full-service carrier, providing various services to its customers, including meals, entertainment programs, and onboard Wi-Fi. In addition to its airline services, the Icelandair Group hf also operates other aviation-related services. Its subsidiary, Icelandair Cargo, offers air cargo transportation services, while ISAVIA, a joint venture with the Icelandic government, provides airport services. Icelandair Hotels, another subsidiary, operates hotels and accommodations in Iceland. The Icelandair Group hf is divided into various business areas, including Aviation Services, Hubs & Gateway Services, Hotels & Rentals, and E-Commerce & IT Services. Aviation Services is the company's main business area, encompassing its airline operations. Hubs & Gateway Services provide logistics and airport operation services such as ground handling and fueling. Icelandair Hotels operate a group of hotels and accommodations in Iceland, catering to tourists with lodging and other services. E-Commerce & IT Services offer technology-related services, such as e-commerce, online reservation systems, and IT infrastructure management. In summary, the Icelandair Group hf is a versatile company with its roots in Icelandic fisheries. Since its founding, the company has expanded its service offerings and now operates an airline as well as other business areas such as ground handling, hotel operations, and e-commerce services. Icelandair is a significant player in the Icelandic market and has the potential to continue growing and diversifying in the future. Icelandair Group hf ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Icelandair Group hf's Return on Assets (ROA)
Icelandair Group hf'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 Icelandair Group hf'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 Icelandair Group hf'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 Icelandair Group hf’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 Icelandair Group hf stock
What was the ROA of Icelandair Group hf compared to the previous year?
The ROA of Icelandair Group hf has increased by -217.1% compared to the previous year.
What consequences do high ROA have for investors of Icelandair Group hf?
A high ROA is advantageous for investors of Icelandair Group hf, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Icelandair Group hf?
A low ROA can be unfavorable for investors of Icelandair Group hf 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 Icelandair Group hf affect the company?
An increase in ROA of Icelandair Group hf can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Icelandair Group hf impact the company?
A reduction in the ROA of Icelandair Group hf can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Icelandair Group hf?
Some factors that can influence the ROA of Icelandair Group hf include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Icelandair Group hf important for investors?
The ROA of Icelandair Group hf 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 Icelandair Group hf take to improve ROA?
To improve ROA, Icelandair Group hf 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 Icelandair Group hf pay?
Over the past 12 months, Icelandair Group hf paid a dividend of 0.15 USD . This corresponds to a dividend yield of about 2,333.95 %. For the coming 12 months, Icelandair Group hf is expected to pay a dividend of 0 USD.
What is the dividend yield of Icelandair Group hf?
The current dividend yield of Icelandair Group hf is 2,333.95 %.
When does Icelandair Group hf pay dividends?
Icelandair Group hf pays a quarterly dividend. This is distributed in the months of April, April, April, April.
How secure is the dividend of Icelandair Group hf?
Icelandair Group hf paid dividends every year for the past 0 years.
What is the dividend of Icelandair Group hf?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Icelandair Group hf located?
Icelandair Group hf is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Icelandair Group hf kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Icelandair Group hf from 4/9/2018 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 3/9/2018.
When did Icelandair Group hf pay the last dividend?
The last dividend was paid out on 4/9/2018.
What was the dividend of Icelandair Group hf in the year 2023?
In the year 2023, Icelandair Group hf distributed 0 USD as dividends.
In which currency does Icelandair Group hf pay out the dividend?
The dividends of Icelandair Group hf are distributed in USD.
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Andere Kennzahlen von Icelandair Group hf
Our stock analysis for Icelandair Group hf 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 Icelandair Group hf Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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