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NextSource Materials Stock

NextSource Materials ROA 2024

NextSource Materials ROA

-0.22

Ticker

NEXT.TO

ISIN

CA65343M1005

WKN

A2JSGQ

In 2024, NextSource Materials's return on assets (ROA) was -0.22, a -140.07% increase from the 0.55 ROA in the previous year.

NextSource Materials Aktienanalyse

What does NextSource Materials do?

NextSource Materials Inc is a Canadian raw materials company specializing in the development of mining projects and the production of critical materials for various industries. The company was founded in 2011 and is headquartered in Toronto, Canada. The company's history began in 2011 with the exploration of mining projects in Madagascar, starting with the Molo Graphite Project, which houses one of the world's largest untapped graphite deposits. Since then, the company has expanded its business activities to include other metals and minerals. NextSource Materials follows an integrated business model that includes the discovery, exploration, development, and production of minerals. The company aims to produce high-quality and critical raw materials needed in industries such as battery, steel, and electronics. NextSource Materials works closely with governments, local communities, and interested groups to ensure that its activities are in compliance with local laws and regulations, as well as the best practices in the mining industry. The company is divided into several divisions focusing on different raw materials, such as graphite, vanadium, and manganese. NextSource Materials produces a range of raw materials, including graphite, vanadium, titanium, and manganese, tailored to the needs of various industries. In conclusion, NextSource Materials Inc is a mining company specializing in the production of critical raw materials. The company's integrated business model and its expansion into different countries and raw materials make it a key player in the mining industry. NextSource Materials ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding NextSource Materials's Return on Assets (ROA)

NextSource Materials'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 NextSource Materials'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 NextSource Materials'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 NextSource Materials’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 NextSource Materials stock

What is the Return on Assets (ROA) of NextSource Materials this year?

The Return on Assets (ROA) of NextSource Materials is -0.22 undefined this year.

What was the ROA of NextSource Materials compared to the previous year?

The ROA of NextSource Materials has increased by -140.07% compared to the previous year.

What consequences do high ROA have for investors of NextSource Materials?

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

What are the consequences of low ROA for investors in NextSource Materials?

A low ROA can be unfavorable for investors of NextSource Materials 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 NextSource Materials affect the company?

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

How does a reduction in ROA of NextSource Materials impact the company?

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

What are some factors that can influence the ROA of NextSource Materials?

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

Why is the ROA of NextSource Materials important for investors?

The ROA of NextSource Materials 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 NextSource Materials take to improve ROA?

To improve ROA, NextSource Materials 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 NextSource Materials pay?

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

What is the dividend yield of NextSource Materials?

The current dividend yield of NextSource Materials is .

When does NextSource Materials pay dividends?

NextSource Materials pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of NextSource Materials?

NextSource Materials paid dividends every year for the past 0 years.

What is the dividend of NextSource Materials?

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

In which sector is NextSource Materials located?

NextSource Materials is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von NextSource Materials kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of NextSource Materials from 9/19/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.

When did NextSource Materials pay the last dividend?

The last dividend was paid out on 9/19/2024.

What was the dividend of NextSource Materials in the year 2023?

In the year 2023, NextSource Materials distributed 0 USD as dividends.

In which currency does NextSource Materials pay out the dividend?

The dividends of NextSource Materials are distributed in USD.

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Andere Kennzahlen von NextSource Materials

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