Kindred Group Stock

Kindred Group ROA 2024

Kindred Group ROA

0.04

Ticker

KIND SDB.ST

ISIN

SE0007871645

WKN

A2AADU

In 2024, Kindred Group's return on assets (ROA) was 0.04, a -58.52% increase from the 0.1 ROA in the previous year.

Kindred Group Aktienanalyse

What does Kindred Group do?

The Kindred Group PLC is a globally operating online gambling provider headquartered in London with branches in several countries. The company has a long history dating back to 1997 when the company Unibet was founded. Since then, the company has undergone several restructurings and reorientations and officially changed its name to Kindred Group in early 2021. The Kindred Group PLC offers a variety of gambling products, including sports betting, casino games, poker, bingo, and virtual betting. In recent years, the company has also experienced expansion in the USA and other regions, adapting its products and services to local markets. Kindred's business model is based on providing online gambling to customers worldwide. The company utilizes a combination of its own technology and partnerships with other providers to offer a wide range of products and services. Customers can access various products through the website or mobile apps and place both pre-match and live bets. The Kindred Group PLC is divided into various segments to provide customers with better visibility. This includes the brand Unibet, which is considered the most well-known part of the company. Unibet offers a wide range of products such as sports betting, live betting, casino games, poker, bingo, and virtual betting. Other brands such as Maria Casino, Bingo.com, and Storspelare each offer specialized gambling products and specific offers for different customer groups. In recent years, Kindred has also focused on the United States after several states revised their gambling laws. The company has worked on partnerships with local operators and developed its products specifically for the US market. The Kindred Group recently received approval to operate online sports betting in Illinois and is also active in New Jersey. In addition to actual gambling, Kindred also offers various services to its customers. This includes comprehensive customer support available around the clock, as well as responsible gambling. Kindred also invests in research and development to improve its technology and ensure that its products are safe and reliable. In summary, the Kindred Group PLC is a leading online gambling provider with a long history and a wide range of products and services. The company specializes in providing online gambling to customers worldwide and adapts its products to local markets. Kindred is committed to promoting customer support, responsible gambling, and research and development to provide customers with a safe and reliable gaming experience. Kindred Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Kindred Group's Return on Assets (ROA)

Kindred Group'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 Kindred Group'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 Kindred Group'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 Kindred Group’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 Kindred Group stock

What is the Return on Assets (ROA) of Kindred Group this year?

The Return on Assets (ROA) of Kindred Group is 0.04 undefined this year.

What was the ROA of Kindred Group compared to the previous year?

The ROA of Kindred Group has increased by -58.52% compared to the previous year.

What consequences do high ROA have for investors of Kindred Group?

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

What are the consequences of low ROA for investors in Kindred Group?

A low ROA can be unfavorable for investors of Kindred Group 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 Kindred Group affect the company?

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

How does a reduction in ROA of Kindred Group impact the company?

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

What are some factors that can influence the ROA of Kindred Group?

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

Why is the ROA of Kindred Group important for investors?

The ROA of Kindred Group 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 Kindred Group take to improve ROA?

To improve ROA, Kindred Group 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 Kindred Group pay?

Over the past 12 months, Kindred Group paid a dividend of 4.35 GBP . This corresponds to a dividend yield of about 4,711.7 %. For the coming 12 months, Kindred Group is expected to pay a dividend of 4.35 GBP.

What is the dividend yield of Kindred Group?

The current dividend yield of Kindred Group is 4,711.7 %.

When does Kindred Group pay dividends?

Kindred Group pays a quarterly dividend. This is distributed in the months of June, December, May, November.

How secure is the dividend of Kindred Group?

Kindred Group paid dividends every year for the past 6 years.

What is the dividend of Kindred Group?

For the upcoming 12 months, dividends amounting to 4.35 GBP are expected. This corresponds to a dividend yield of 4,711.7 %.

In which sector is Kindred Group located?

Kindred Group is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Kindred Group from 10/27/2023 amounting to 2.175 GBP, you needed to have the stock in your portfolio before the ex-date on 10/23/2023.

When did Kindred Group pay the last dividend?

The last dividend was paid out on 10/27/2023.

What was the dividend of Kindred Group in the year 2023?

In the year 2023, Kindred Group distributed 4.31 GBP as dividends.

In which currency does Kindred Group pay out the dividend?

The dividends of Kindred Group are distributed in GBP.

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Andere Kennzahlen von Kindred Group

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