What is the Return on Assets (ROA) of Kyoei Steel this year?
The Return on Assets (ROA) of Kyoei Steel is 0.04 undefined this year.
In 2024, Kyoei Steel's return on assets (ROA) was 0.04, a 93.99% increase from the 0.02 ROA in the previous year.
Kyoei Steel'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.
Comparing Kyoei Steel'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.
Investors consider Kyoei Steel'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.
Variations in Kyoei Steel’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.
The Return on Assets (ROA) of Kyoei Steel is 0.04 undefined this year.
The ROA of Kyoei Steel has increased by 93.99% compared to the previous year.
A high ROA is advantageous for investors of Kyoei Steel, as it indicates that the company efficiently utilizes its assets and generates good profits.
A low ROA can be unfavorable for investors of Kyoei Steel as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
An increase in ROA of Kyoei Steel can be an indicator of improved efficiency in asset utilization and higher profitability.
A reduction in the ROA of Kyoei Steel can be an indicator of lower asset efficiency and profitability.
Some factors that can influence the ROA of Kyoei Steel include revenue, operating costs, asset structure, and industry average.
The ROA of Kyoei Steel 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.
To improve ROA, Kyoei Steel 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.
Over the past 12 months, Kyoei Steel paid a dividend of 105 JPY . This corresponds to a dividend yield of about 6.2 %. For the coming 12 months, Kyoei Steel is expected to pay a dividend of 107.83 JPY.
The current dividend yield of Kyoei Steel is 6.2 %.
Kyoei Steel pays a quarterly dividend. This is distributed in the months of October, April, October, April.
Kyoei Steel paid dividends every year for the past 21 years.
For the upcoming 12 months, dividends amounting to 107.83 JPY are expected. This corresponds to a dividend yield of 6.37 %.
Kyoei Steel is assigned to the 'Commodities' sector.
To receive the latest dividend of Kyoei Steel from 12/1/2024 amounting to 30 JPY, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.
The last dividend was paid out on 12/1/2024.
In the year 2023, Kyoei Steel distributed 75 JPY as dividends.
The dividends of Kyoei Steel are distributed in JPY.
Our stock analysis for Kyoei Steel 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 Kyoei Steel Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.