What is the level of liabilities of MyState this year?
MyState has a debt balance of 8.7 B AUD this year.
MyState Liabilities 2024
MyState Liabilities
8.7 B AUD
Ticker
MYS.AX
ISIN
AU000000MYS0
WKN
A1CZMV
In 2024, MyState's total liabilities amounted to 8.7 B AUD, a 13.77% difference from the 7.65 B AUD total liabilities in the previous year.
MyState Aktienanalyse
What does MyState do?
MyState Ltd. is an Australian financial services company specializing in banking, wealth management, and mortgages. The company was founded in 2009 and is headquartered in Hobart, Tasmania. The history of MyState begins with the establishment of Tasmanian Perpetual Trustees Limited in 1876. The company was later renamed The Trust Company (TTC) and became a leading provider of asset management services in Australia. In 2013, TTC was acquired by Perpetual Limited, and MyState Wealth Management was established in the same year. Today, MyState is a diversified financial services company focusing on the needs of families and small businesses. MyState's business model is based on a combination of deposits and loans, as well as investments in assets such as real estate, capital markets, and alternative investments. MyState operates three different business segments: Personal Banking, Business Banking, and Wealth Management. In the Personal Banking segment, the company offers a wide range of products and services, including savings accounts, credit cards, mortgages, personal loans, and insurance. MyState is committed to providing its customers with the best solutions to meet their financial needs, emphasizing transparency and personalized service. In the Business Banking segment, MyState offers a variety of services aimed at fulfilling the financial needs of small and medium-sized businesses. The company provides business accounts, credit cards, leasing and equipment finance, as well as factoring services. MyState has a strong network of experienced advisors and is committed to offering comprehensive financial solutions. Wealth Management is MyState's third business segment, offering investment and asset management services. This includes a variety of options such as stocks and bonds, alternative asset classes like private equity, infrastructure, and hedge funds. These services target the needs of affluent investors looking for customized investment solutions. In recent years, MyState has also invested in innovations to enhance the customer experience. One example is the MyState Bank App, which allows customers to easily and conveniently manage their finances on the go. Overall, MyState has a comprehensive portfolio of services to meet the needs of its customers. The company is a key player in the Australian financial market, with a clear focus on customer needs and a dedicated team of professionals. MyState ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing MyState's Liabilities
MyState's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating MyState's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing MyState's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
MyState's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in MyState’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about MyState stock
What were the liabilities of MyState compared to the previous year?
The liabilities of MyState have increased by 13.77% increased compared to the previous year.
What are the consequences of high debt for investors of MyState?
High liabilities can pose a risk for investors of MyState, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in MyState?
Low liabilities mean that MyState has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of MyState affect the company?
An increase in liabilities of MyState can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of MyState affect the company?
A decrease in the liabilities of MyState can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of MyState?
Some factors that can influence the liabilities of MyState include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of MyState so important for investors?
The liabilities of MyState are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can MyState take to modify the liabilities?
To change its liabilities, MyState can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does MyState pay?
Over the past 12 months, MyState paid a dividend of 0.33 AUD . This corresponds to a dividend yield of about 7.99 %. For the coming 12 months, MyState is expected to pay a dividend of 0.33 AUD.
What is the dividend yield of MyState?
The current dividend yield of MyState is 7.99 %.
When does MyState pay dividends?
MyState pays a quarterly dividend. This is distributed in the months of March, September, March, September.
How secure is the dividend of MyState?
MyState paid dividends every year for the past 20 years.
What is the dividend of MyState?
For the upcoming 12 months, dividends amounting to 0.33 AUD are expected. This corresponds to a dividend yield of 7.99 %.
In which sector is MyState located?
MyState is assigned to the 'Finance' sector.
Wann musste ich die Aktien von MyState kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MyState from 9/16/2024 amounting to 0.164 AUD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.
When did MyState pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of MyState in the year 2023?
In the year 2023, MyState distributed 0.329 AUD as dividends.
In which currency does MyState pay out the dividend?
The dividends of MyState are distributed in AUD.
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Andere Kennzahlen von MyState
Our stock analysis for MyState 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 MyState Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
