RGC Resources Stock

RGC Resources Equity 2024

RGC Resources Equity

100.7 M USD

Ticker

RGCO

ISIN

US74955L1035

WKN

923467

In 2024, RGC Resources's equity was 100.7 M USD, a 8.16% increase from the 93.1 M USD equity in the previous year.

RGC Resources Aktienanalyse

What does RGC Resources do?

RGC Resources Inc is a company based in Virginia, USA, that operates in the energy and gas sector. The company was founded in 1912 and has gained extensive experience in energy generation and the distribution of natural gas to residential and business customers since then. The company's business model is to provide reliable natural gas supply to various customer areas. RGC Resources Inc supplies customers in Virginia and North Carolina with natural gas for heating, cooling, cooking, and industrial applications. Additionally, the company also offers various renewable energy sources such as solar and geothermal projects. The company operates in three business segments. The first segment includes subsidiaries Roanoke Gas Company and Diversified Energy Company. Roanoke Gas Company is responsible for natural gas supply to customers in Virginia, while Diversified Energy Company supplies natural gas to customers in North Carolina. The second segment focuses on renewable energy sources such as solar, geothermal, and biomass. The third segment is responsible for pipeline operations. In terms of products, RGC Resources Inc offers various natural gas services. These include installation and maintenance services for heating systems, cooking appliances, and gas lines, as well as cleaning services for gas appliances. Additionally, the company provides special offers for businesses with high energy consumption. All of this is supported by the company's commitment to environmentally friendly energy supply. RGC Resources Inc is aware that growing energy needs and environmental impacts are important issues in today's world. Therefore, the company strives to align growth with the environment by relying on renewable energy sources. In a time where environmental protection has a high priority, RGC Resources Inc sets a good example by promoting the use of renewable energy sources. The company recognized the full potential of renewable energy early on and began expanding its business segments through renewable energy sources. These efforts have resulted in increased resilience of the company to market fluctuations. Overall, RGC Resources Inc is a company that aims to provide reliable and environmentally friendly energy supply and is dedicated to expanding its business field through renewable energies. The company has an excellent reputation for its high quality standards and customer satisfaction. The team at RGC Resources Inc is committed to continue innovating and ensuring a cleaner energy supply for the future. RGC Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing RGC Resources's Equity

RGC Resources's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding RGC Resources's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating RGC Resources's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

RGC Resources's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in RGC Resources’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about RGC Resources stock

What is the equity of RGC Resources this year?

RGC Resources has equity of 100.7 M USD this year.

What was the equity of RGC Resources compared to the previous year?

The equity of RGC Resources has increased/decreased by 8.16% increased compared to the previous year.

What impact does a high equity have on investors of RGC Resources?

A high equity is advantageous for investors of RGC Resources as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of RGC Resources?

A low equity can be a risk for investors of RGC Resources, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of RGC Resources affect the company?

An increase in equity of RGC Resources can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of RGC Resources affect the company?

A reduction in equity of RGC Resources can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of RGC Resources?

Some factors that can affect the equity of RGC Resources include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of RGC Resources so important for investors?

The equity of RGC Resources is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can RGC Resources take to change the equity?

To change equity, RGC Resources can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does RGC Resources pay?

Over the past 12 months, RGC Resources paid a dividend of 0.79 USD . This corresponds to a dividend yield of about 3.78 %. For the coming 12 months, RGC Resources is expected to pay a dividend of 0.69 USD.

What is the dividend yield of RGC Resources?

The current dividend yield of RGC Resources is 3.78 %.

When does RGC Resources pay dividends?

RGC Resources pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of RGC Resources?

RGC Resources paid dividends every year for the past 22 years.

What is the dividend of RGC Resources?

For the upcoming 12 months, dividends amounting to 0.69 USD are expected. This corresponds to a dividend yield of 3.28 %.

In which sector is RGC Resources located?

RGC Resources is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von RGC Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of RGC Resources from 8/1/2024 amounting to 0.2 USD, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.

When did RGC Resources pay the last dividend?

The last dividend was paid out on 8/1/2024.

What was the dividend of RGC Resources in the year 2023?

In the year 2023, RGC Resources distributed 0.78 USD as dividends.

In which currency does RGC Resources pay out the dividend?

The dividends of RGC Resources are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von RGC Resources

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