Profound Medical Stock

Profound Medical ROE 2024

Profound Medical ROE

-0.92

Ticker

PRN.TO

ISIN

CA74319B5027

In 2024, Profound Medical's return on equity (ROE) was -0.92, a 66.2% increase from the -0.55 ROE in the previous year.

Profound Medical Aktienanalyse

What does Profound Medical do?

Profound Medical is a Canadian medical technology company specializing in the development and marketing of innovative therapy devices for the treatment of prostate cancer and other diseases. Profound Medical ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Profound Medical's Return on Equity (ROE)

Profound Medical's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Profound Medical's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Profound Medical's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Profound Medical’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Profound Medical stock

What is the ROE (Return on Equity) of Profound Medical this year?

The ROE of Profound Medical this year is -0.92 undefined.

How has the Return on Equity (ROE) of Profound Medical developed compared to the previous year?

The ROE of Profound Medical has increased by 66.2% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Profound Medical?

A high ROE indicates that Profound Medical generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Profound Medical?

A low ROE can indicate that Profound Medical is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Profound Medical affect the company?

A change in ROE (Return on Equity) of Profound Medical can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Profound Medical?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Profound Medical?

Some factors that can influence Profound Medical's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Profound Medical pay?

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

What is the dividend yield of Profound Medical?

The current dividend yield of Profound Medical is .

When does Profound Medical pay dividends?

Profound Medical pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Profound Medical?

Profound Medical paid dividends every year for the past 0 years.

What is the dividend of Profound Medical?

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

In which sector is Profound Medical located?

Profound Medical is assigned to the 'Health' sector.

Wann musste ich die Aktien von Profound Medical kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Profound Medical from 7/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/29/2024.

When did Profound Medical pay the last dividend?

The last dividend was paid out on 7/29/2024.

What was the dividend of Profound Medical in the year 2023?

In the year 2023, Profound Medical distributed 0 USD as dividends.

In which currency does Profound Medical pay out the dividend?

The dividends of Profound Medical are distributed in USD.

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Andere Kennzahlen von Profound Medical

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