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Kingstone Companies Stock

Kingstone Companies ROA 2024

Kingstone Companies ROA

-0.02

Ticker

KINS

ISIN

US4967191051

WKN

A0X89S

In 2024, Kingstone Companies's return on assets (ROA) was -0.02, a -72.35% increase from the -0.07 ROA in the previous year.

Kingstone Companies Aktienanalyse

What does Kingstone Companies do?

The Kingstone Companies Inc is a publicly traded company that offers insurance and financial services. The company is headquartered in New York City and was founded in 1886 under the name "The Standard Accident Insurance Company". Over time, the company changed its name and expanded its offerings to other states. The business model of Kingstone Companies Inc is to provide insurance for real estate, pets, fleets and private cars, as well as for businesses. The goal is to provide customers with a wide range of insurance products and services tailored to their specific needs. The company works closely with independent agents to offer the best deals to its customers. The company is divided into three divisions: property and casualty insurance, specialty risks, and reinsurance. The property and casualty insurance division offers a wide range of special insurance such as fleet and private car insurance, pet insurance, and home insurance. The specialty risks division covers specific insurance needs that require specific knowledge and experience, such as construction bonds and compensation for damages caused by crime. Finally, the reinsurance division offers insurance for damages caused by natural disasters such as storms and floods. In addition to offering insurance and services, Kingstone also has an informative blog that covers various topics such as the risks of forest fires, the impact of Covid-19 on the insurance industry, and how to reduce sexual abuse in the context of schools. The blog provides a wide range of information for customers and potential customers to help them make informed decisions. To increase customer satisfaction, Kingstone also focuses on technological innovations. It has created a mobile application that offers customers an alternative way to interact with the company. The mobile app provides more flexibility for users to apply for and manage their insurance policies, as well as file claims. Overall, Kingstone Companies Inc is a successful company that effectively adapts to the needs of its customers and expands its offerings to provide relevant insurance for them. With a wide range of insurance tailored to customers' specific needs, a comprehensive training program for agents, and a strong presence in the digital world, the company is prepared for growth and success in the future. Kingstone Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Kingstone Companies's Return on Assets (ROA)

Kingstone Companies'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 Kingstone Companies'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 Kingstone Companies'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 Kingstone Companies’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 Kingstone Companies stock

What is the Return on Assets (ROA) of Kingstone Companies this year?

The Return on Assets (ROA) of Kingstone Companies is -0.02 undefined this year.

What was the ROA of Kingstone Companies compared to the previous year?

The ROA of Kingstone Companies has increased by -72.35% compared to the previous year.

What consequences do high ROA have for investors of Kingstone Companies?

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

What are the consequences of low ROA for investors in Kingstone Companies?

A low ROA can be unfavorable for investors of Kingstone Companies 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 Kingstone Companies affect the company?

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

How does a reduction in ROA of Kingstone Companies impact the company?

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

What are some factors that can influence the ROA of Kingstone Companies?

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

Why is the ROA of Kingstone Companies important for investors?

The ROA of Kingstone Companies 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 Kingstone Companies take to improve ROA?

To improve ROA, Kingstone Companies 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 Kingstone Companies pay?

Over the past 12 months, Kingstone Companies paid a dividend of 0.12 USD . This corresponds to a dividend yield of about 1.23 %. For the coming 12 months, Kingstone Companies is expected to pay a dividend of 0 USD.

What is the dividend yield of Kingstone Companies?

The current dividend yield of Kingstone Companies is 1.23 %.

When does Kingstone Companies pay dividends?

Kingstone Companies pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Kingstone Companies?

Kingstone Companies paid dividends every year for the past 2 years.

What is the dividend of Kingstone Companies?

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

In which sector is Kingstone Companies located?

Kingstone Companies is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Kingstone Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kingstone Companies from 9/15/2022 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2022.

When did Kingstone Companies pay the last dividend?

The last dividend was paid out on 9/15/2022.

What was the dividend of Kingstone Companies in the year 2023?

In the year 2023, Kingstone Companies distributed 0.12 USD as dividends.

In which currency does Kingstone Companies pay out the dividend?

The dividends of Kingstone Companies are distributed in USD.

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Andere Kennzahlen von Kingstone Companies

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