What is the Return on Assets (ROA) of Ovintiv this year?
The Return on Assets (ROA) of Ovintiv is 0.1 undefined this year.
Ovintiv ROA 2024
Ovintiv ROA
0.1
Ticker
OVV
ISIN
US69047Q1022
WKN
A2PYY3
In 2024, Ovintiv's return on assets (ROA) was 0.1, a -56.82% increase from the 0.24 ROA in the previous year.
Ovintiv Aktienanalyse
What does Ovintiv do?
Ovintiv Inc is a Canadian company based in Calgary that specializes in the exploration, production, and processing of oil and natural gas. The company was founded in 2019 and was previously known as Encana Corporation. Ovintiv ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Ovintiv's Return on Assets (ROA)
Ovintiv'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 Ovintiv'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 Ovintiv'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 Ovintiv’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 Ovintiv stock
What was the ROA of Ovintiv compared to the previous year?
The ROA of Ovintiv has increased by -56.82% compared to the previous year.
What consequences do high ROA have for investors of Ovintiv?
A high ROA is advantageous for investors of Ovintiv, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Ovintiv?
A low ROA can be unfavorable for investors of Ovintiv 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 Ovintiv affect the company?
An increase in ROA of Ovintiv can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Ovintiv impact the company?
A reduction in the ROA of Ovintiv can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Ovintiv?
Some factors that can influence the ROA of Ovintiv include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Ovintiv important for investors?
The ROA of Ovintiv 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 Ovintiv take to improve ROA?
To improve ROA, Ovintiv 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 Ovintiv pay?
Over the past 12 months, Ovintiv paid a dividend of 1.15 USD . This corresponds to a dividend yield of about 2.85 %. For the coming 12 months, Ovintiv is expected to pay a dividend of 1.63 USD.
What is the dividend yield of Ovintiv?
The current dividend yield of Ovintiv is 2.85 %.
When does Ovintiv pay dividends?
Ovintiv pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Ovintiv?
Ovintiv paid dividends every year for the past 24 years.
What is the dividend of Ovintiv?
For the upcoming 12 months, dividends amounting to 1.63 USD are expected. This corresponds to a dividend yield of 4.03 %.
In which sector is Ovintiv located?
Ovintiv is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Ovintiv kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ovintiv from 9/27/2024 amounting to 0.3 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Ovintiv pay the last dividend?
The last dividend was paid out on 9/27/2024.
What was the dividend of Ovintiv in the year 2023?
In the year 2023, Ovintiv distributed 0.95 USD as dividends.
In which currency does Ovintiv pay out the dividend?
The dividends of Ovintiv are distributed in USD.
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Andere Kennzahlen von Ovintiv
Our stock analysis for Ovintiv 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 Ovintiv Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
