Latvijas Gaze AS Equity 2024

Latvijas Gaze AS Aktienanalyse

What does Latvijas Gaze AS do?

Latvijas Gaze AS is a leading company in the gas industry in Latvia, specializing in the production, transmission, and distribution of natural gas. Since its founding in 1992, the company has been based in Riga and utilizes its central location in the Baltic region to offer its services in Latvia and neighboring countries. The company's history began in 1992 when it was established as a joint-stock company. At that time, the demand for natural gas in Latvia had significantly increased, and the company began importing gas from Russia. Over the years, the company has become a key player in the European gas market and expanded its business activities to include various areas such as gas storage, gas transportation, and other services. Today, the company offers a variety of products and services, including supplying households and businesses with natural gas, developing and operating gas infrastructure, gas storage, and providing energy-efficient solutions for heating and hot water applications. A key component of Latvijas Gaze AS's business model is gas transmission. The company owns and operates several pipeline systems that transport natural gas from the Russian border to Latvian cities. The company places a special emphasis on the safety and quality of its facilities, as well as environmental protection. In addition to gas transmission, Latvijas Gaze AS also operates a gas storage facility that plays a crucial role in ensuring gas supply during the winter. The gas storage facility can hold up to 2 billion cubic meters of gas and is the largest storage system in the Baltic region. Another important business sector for the company is the development and operation of gas infrastructure. This includes building gas networks for individual buildings and neighborhoods, as well as providing connections for households and businesses. Latvijas Gaze AS has built up considerable experience and expertise in this field and is an important partner in the development of natural gas infrastructure in Latvia. In addition to the aforementioned areas, the company also offers energy-efficient solutions for heating and hot water applications. This includes the installation of gas condensing boilers and solar systems, as well as consultation services for energy-efficient construction. Overall, Latvijas Gaze AS is an innovative company focused on providing natural gas and related services. With its comprehensive products, services, and innovative solutions, the company contributes to increasing energy security in Latvia and preserving the environment. Latvijas Gaze AS ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Latvijas Gaze AS's Equity

Latvijas Gaze AS's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Latvijas Gaze AS's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Latvijas Gaze AS's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Latvijas Gaze AS's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Latvijas Gaze AS’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Latvijas Gaze AS stock

What is the equity of Latvijas Gaze AS this year?

Latvijas Gaze AS has equity of 125.09 M EUR this year.

What was the equity of Latvijas Gaze AS compared to the previous year?

The equity of Latvijas Gaze AS has increased/decreased by -59.92% decreased compared to the previous year.

What impact does a high equity have on investors of Latvijas Gaze AS?

A high equity is advantageous for investors of Latvijas Gaze AS as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Latvijas Gaze AS?

A low equity can be a risk for investors of Latvijas Gaze AS, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Latvijas Gaze AS affect the company?

An increase in equity of Latvijas Gaze AS can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Latvijas Gaze AS affect the company?

A reduction in equity of Latvijas Gaze AS can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Latvijas Gaze AS?

Some factors that can affect the equity of Latvijas Gaze AS include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Latvijas Gaze AS so important for investors?

The equity of Latvijas Gaze AS is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Latvijas Gaze AS take to change the equity?

To change equity, Latvijas Gaze AS can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Latvijas Gaze AS pay?

Over the past 12 months, Latvijas Gaze AS paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Latvijas Gaze AS is expected to pay a dividend of 3.26 EUR.

What is the dividend yield of Latvijas Gaze AS?

The current dividend yield of Latvijas Gaze AS is .

When does Latvijas Gaze AS pay dividends?

Latvijas Gaze AS pays a quarterly dividend. This is distributed in the months of August, August, August, September.

How secure is the dividend of Latvijas Gaze AS?

Latvijas Gaze AS paid dividends every year for the past 9 years.

What is the dividend of Latvijas Gaze AS?

For the upcoming 12 months, dividends amounting to 3.26 EUR are expected. This corresponds to a dividend yield of 79.13 %.

In which sector is Latvijas Gaze AS located?

Latvijas Gaze AS is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Latvijas Gaze AS kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Latvijas Gaze AS from 8/23/2023 amounting to 2.75 EUR, you needed to have the stock in your portfolio before the ex-date on 8/10/2023.

When did Latvijas Gaze AS pay the last dividend?

The last dividend was paid out on 8/23/2023.

What was the dividend of Latvijas Gaze AS in the year 2023?

In the year 2023, Latvijas Gaze AS distributed 0.376 EUR as dividends.

In which currency does Latvijas Gaze AS pay out the dividend?

The dividends of Latvijas Gaze AS are distributed in EUR.