RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Largo Resources Stock

Largo Resources ROE 2024

Largo Resources ROE

-0.12

Ticker

LGO.TO

ISIN

CA5171036026

WKN

A2QQS8

In 2024, Largo Resources's return on equity (ROE) was -0.12, a 2,059.12% increase from the -0.01 ROE in the previous year.

Largo Resources Aktienanalyse

What does Largo Resources do?

Largo Resources Ltd was founded in 1983 and is based in Toronto, Canada. The company operates in the natural resources sector and specializes in the extraction of vanadium. Largo Resources operates multiple vanadium mines and is Europe's largest vanadium supplier. The business model of Largo Resources is based on the extraction and sale of vanadium. The metal is used in the steel industry to improve the strength and toughness of steel. It is also used in the battery industry to produce batteries with higher capacity, longer lifetimes, and faster charging times. Largo Resources is divided into two divisions: Mining and Exploration. The Mining division includes the extraction and processing of vanadium ore. The company currently operates two vanadium mines in Brazil, the Maracas Menchen Mine and the Campbell Mine. The ores are mined in the mines and processed into vanadium pentoxide in the plants. The vanadium pentoxide is then either sold directly to customers or further processed to produce other vanadium products. The Exploration division of Largo Resources focuses on the search for new vanadium deposits. The company has acquired and developed several successfully explored deposits in the past. These can serve as potential extensions of existing mines or as independent projects in the future. Largo Resources offers several vanadium products, including vanadium concentrate, vanadium pentoxide, and vanadium iron. The concentrate is sold to customers who use it in the steel industry to produce steel with improved properties. The vanadium pentoxide is either sold directly to customers or further processed to produce other vanadium products. Vanadium iron is used in the battery industry to produce durable and high-performance batteries. Largo Resources is a key player in the vanadium industry and has received several awards for its achievements in recent years. The company has recently expanded its focus on renewable energy and is working on the development of rechargeable vanadium redox flow batteries. These batteries can be used in combination with renewable energy sources to store and reliably provide energy. Overall, Largo Resources has an impressive history in the vanadium industry and is expected to play a significant role in the future. The company has an innovative business model and offers a wide range of vanadium products that can be used in various industries. Largo Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Largo Resources's Return on Equity (ROE)

Largo Resources's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Largo Resources's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Largo Resources's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Largo Resources’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Largo Resources stock

What is the ROE (Return on Equity) of Largo Resources this year?

The ROE of Largo Resources this year is -0.12 undefined.

How has the Return on Equity (ROE) of Largo Resources developed compared to the previous year?

The ROE of Largo Resources has increased by 2,059.12% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Largo Resources?

A high ROE indicates that Largo Resources generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Largo Resources?

A low ROE can indicate that Largo Resources is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Largo Resources affect the company?

A change in ROE (Return on Equity) of Largo Resources can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Largo Resources?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Largo Resources?

Some factors that can influence Largo Resources's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Largo Resources pay?

Over the past 12 months, Largo Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Largo Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of Largo Resources?

The current dividend yield of Largo Resources is .

When does Largo Resources pay dividends?

Largo Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Largo Resources?

Largo Resources paid dividends every year for the past 0 years.

What is the dividend of Largo Resources?

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

In which sector is Largo Resources located?

Largo Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Largo Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Largo Resources from 8/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/21/2024.

When did Largo Resources pay the last dividend?

The last dividend was paid out on 8/21/2024.

What was the dividend of Largo Resources in the year 2023?

In the year 2023, Largo Resources distributed 0 USD as dividends.

In which currency does Largo Resources pay out the dividend?

The dividends of Largo Resources are distributed in USD.

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Andere Kennzahlen von Largo Resources

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