What is the Return on Assets (ROA) of Rank Group this year?
The Return on Assets (ROA) of Rank Group is -0.13 undefined this year.
Rank Group ROA 2024
Rank Group ROA
-0.13
Rank Group Dividend yield
3.54 %
Ticker
RNK.L
ISIN
GB00B1L5QH97
WKN
A0LGPG
In 2024, Rank Group's return on assets (ROA) was -0.13, a -268.15% increase from the 0.08 ROA in the previous year.
Rank Group Aktienanalyse
What does Rank Group do?
Rank Group PLC is a British company specializing in gambling and leisure activities. Founded in 1937, the company started as a film distributor and opened the first Grosvenor Casino in the UK in 1970. Since then, it has become a major player in the gambling industry and now operates a range of casinos and bingo clubs in Europe. The business model of Rank Group is based on providing entertainment experiences for its customers. The main source of revenue is the casinos and bingo halls operated by the company. The divisions of Rank Group are divided into two segments: Grosvenor Casinos and Mecca Bingo. Grosvenor is the largest division and includes the Grosvenor Casino brand as well as the Enracha brand in Spain. Mecca Bingo includes the British Mecca Bingo network. Grosvenor Casinos offer a variety of games, from traditional slot machines to live casino games operated by real dealers in real time. The casinos also offer a wide range of entertainment options, including bars and restaurants, as well as events such as concerts and comedy acts. Mecca Bingo clubs offer bingo games as well as a variety of slots and electronic table games. The company also has an online platform for bingo and casino games. Mecca Bingo primarily caters to women aged 35 to 54, while Grosvenor Casinos appeal to a broader audience. Rank Group has also acquired other companies in the past to expand its business, such as the Swiss arcade chain Casinos Schaanwald or the Belgian Kursaal Casino. Additionally, the company has partnered with online gambling company 888 Holdings plc to develop a joint platform for online casinos and bingo. Rank Group also emphasizes responsible gambling in its business strategy. Compliance with rules and regulations is central to the company, and it is committed to responsible gaming and the protection of vulnerable players. Overall, Rank Group is a significant player in the gambling industry in Europe. With a wide range of casinos and bingo clubs as well as an online platform, the company offers its customers a variety of entertainment options. The company also emphasizes its commitment to conducting gambling in a responsible manner and pursues a sustainable business strategy of continued growth and diversification. Rank Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Rank Group's Return on Assets (ROA)
Rank Group'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 Rank Group'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 Rank Group'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 Rank Group’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 Rank Group Stock
What was the ROA of Rank Group compared to the previous year?
The ROA of Rank Group has increased by -268.15% compared to the previous year.
What consequences do high ROA have for investors of Rank Group?
A high ROA is advantageous for investors of Rank Group, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Rank Group?
A low ROA can be unfavorable for investors of Rank Group 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 Rank Group affect the company?
An increase in ROA of Rank Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Rank Group impact the company?
A reduction in the ROA of Rank Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Rank Group?
Some factors that can influence the ROA of Rank Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Rank Group important for investors?
The ROA of Rank Group 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 Rank Group take to improve ROA?
To improve ROA, Rank Group 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 Rank Group pay?
Over the past 12 months, Rank Group paid a dividend of 0.03 GBP . This corresponds to a dividend yield of about 3.54 %. For the coming 12 months, Rank Group is expected to pay a dividend of 0 GBP.
What is the dividend yield of Rank Group?
The current dividend yield of Rank Group is 3.54 %.
When does Rank Group pay dividends?
Rank Group pays a quarterly dividend. This is distributed in the months of October, March, October, March.
How secure is the dividend of Rank Group?
Rank Group paid dividends every year for the past 4 years.
What is the dividend of Rank Group?
For the upcoming 12 months, dividends amounting to 0 GBP are expected. This corresponds to a dividend yield of 0 %.
In which sector is Rank Group located?
Rank Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Rank Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Rank Group from 3/13/2020 amounting to 0.028 GBP, you needed to have the stock in your portfolio before the ex-date on 2/13/2020.
When did Rank Group pay the last dividend?
The last dividend was paid out on 3/13/2020.
What was the dividend of Rank Group in the year 2023?
In the year 2023, Rank Group distributed 0 GBP as dividends.
In which currency does Rank Group pay out the dividend?
The dividends of Rank Group are distributed in GBP.
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Andere Kennzahlen von Rank Group
Our stock analysis for Rank Group 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 Rank Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
