Platinum Group Metals Stock

Platinum Group Metals ROA 2024

Platinum Group Metals ROA

-0.11

Ticker

PTM.TO

ISIN

CA72765Q8829

WKN

A2PAHQ

In 2024, Platinum Group Metals's return on assets (ROA) was -0.11, a -26.23% increase from the -0.15 ROA in the previous year.

Platinum Group Metals Aktienanalyse

What does Platinum Group Metals do?

Platinum Group Metals Ltd is a Canadian company based in Vancouver. The company has been listed on the Toronto Stock Exchange since 2002 and specializes in the exploration, mining, and processing of precious metals such as platinum and palladium. Platinum Group Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Platinum Group Metals's Return on Assets (ROA)

Platinum Group Metals'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 Platinum Group Metals'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 Platinum Group Metals'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 Platinum Group Metals’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 Platinum Group Metals stock

What is the Return on Assets (ROA) of Platinum Group Metals this year?

The Return on Assets (ROA) of Platinum Group Metals is -0.11 undefined this year.

What was the ROA of Platinum Group Metals compared to the previous year?

The ROA of Platinum Group Metals has increased by -26.23% compared to the previous year.

What consequences do high ROA have for investors of Platinum Group Metals?

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

What are the consequences of low ROA for investors in Platinum Group Metals?

A low ROA can be unfavorable for investors of Platinum Group Metals 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 Platinum Group Metals affect the company?

An increase in ROA of Platinum Group Metals can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Platinum Group Metals impact the company?

A reduction in the ROA of Platinum Group Metals can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Platinum Group Metals?

Some factors that can influence the ROA of Platinum Group Metals include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Platinum Group Metals important for investors?

The ROA of Platinum Group Metals 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 Platinum Group Metals take to improve ROA?

To improve ROA, Platinum Group Metals 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 Platinum Group Metals pay?

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

What is the dividend yield of Platinum Group Metals?

The current dividend yield of Platinum Group Metals is .

When does Platinum Group Metals pay dividends?

Platinum Group Metals pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Platinum Group Metals?

Platinum Group Metals paid dividends every year for the past 0 years.

What is the dividend of Platinum Group Metals?

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

In which sector is Platinum Group Metals located?

Platinum Group Metals is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Platinum Group Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Platinum Group Metals from 9/22/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/22/2024.

When did Platinum Group Metals pay the last dividend?

The last dividend was paid out on 9/22/2024.

What was the dividend of Platinum Group Metals in the year 2023?

In the year 2023, Platinum Group Metals distributed 0 USD as dividends.

In which currency does Platinum Group Metals pay out the dividend?

The dividends of Platinum Group Metals are distributed in USD.

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Andere Kennzahlen von Platinum Group Metals

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