Resimac Group ROA 2024

Resimac Group Aktienanalyse

What does Resimac Group do?

Resimac Group Ltd is a New Zealand-based financial services company specializing in providing mortgage-backed loans and financial solutions. The company was founded in 1985 under the name "Fleet Securities" and was renamed Resimac in 1998 when it expanded into Australia. Since 2016, Resimac has been listed on the Australian Stock Exchange ASX. Resimac's core business is the issuance of mortgage-backed loans to individuals and companies. The company is active in both the primary and secondary markets. In the primary market, Resimac directly lends to customers, while in the secondary market, it acquires existing loan portfolios from other financial institutions and manages them. Resimac operates in various sectors, such as Residential Loans, Commercial Loans, or Auto & Equipment Finance. In the Residential Loans sector, Resimac offers mortgage-backed loans for home purchases, refinancing existing loans, or financing renovations or remodeling. In the Commercial Loans sector, Resimac provides loans for commercial properties, offices, or warehouses. In the Auto & Equipment Finance sector, the focus is on financing vehicles or machinery. Resimac is also active in the market for securitization of loans. The company bundles multiple loans into a package and sells these packages as securities to investors. This allows Resimac to free up capital to issue further loans. An important characteristic of Resimac is that the company focuses on a specific clientele: customers with non-traditional sources of income or more complex financial situations. These are individuals who are often rejected by traditional banks or served by other financial institutions at unfavorable terms. Resimac pays special attention to risk management and works closely with lenders to minimize risks. Resimac has also introduced a range of products targeting specific customer needs. For example, the company offers "Low Doc Loans" that allow self-employed individuals or freelancers to obtain a mortgage loan without extensive income documentation. Another product offered by Resimac is the "Split Loan," which allows customers to repay a portion of their loan at a fixed interest rate and the other portion at a variable interest rate. Overall, Resimac Group Ltd is a significant player in the mortgage-backed loan market in Australia and New Zealand. The company specializes in the needs of customers often ignored or disadvantaged by other financial institutions. Thanks to strong risk management, Resimac has experienced growth in its industry and offers a variety of products tailored to the needs of modern borrowers. Resimac Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Resimac Group's Return on Assets (ROA)

Resimac 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 Resimac 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 Resimac 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 Resimac 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 Resimac Group stock

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

The Return on Assets (ROA) of Resimac Group is 0 undefined this year.

What was the ROA of Resimac Group compared to the previous year?

The ROA of Resimac Group has increased by -27.14% compared to the previous year.

What consequences do high ROA have for investors of Resimac Group?

A high ROA is advantageous for investors of Resimac 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 Resimac Group?

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

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

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

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

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

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

Why is the ROA of Resimac Group important for investors?

The ROA of Resimac 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 Resimac Group take to improve ROA?

To improve ROA, Resimac 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 Resimac Group pay?

Over the past 12 months, Resimac Group paid a dividend of 0.11 AUD . This corresponds to a dividend yield of about 12.84 %. For the coming 12 months, Resimac Group is expected to pay a dividend of 0.13 AUD.

What is the dividend yield of Resimac Group?

The current dividend yield of Resimac Group is 12.84 %.

When does Resimac Group pay dividends?

Resimac Group pays a quarterly dividend. This is distributed in the months of April, October, April, October.

How secure is the dividend of Resimac Group?

Resimac Group paid dividends every year for the past 22 years.

What is the dividend of Resimac Group?

For the upcoming 12 months, dividends amounting to 0.13 AUD are expected. This corresponds to a dividend yield of 14.89 %.

In which sector is Resimac Group located?

Resimac Group is assigned to the 'Finance' sector.

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

To receive the latest dividend of Resimac Group from 9/20/2024 amounting to 0.05 AUD, you needed to have the stock in your portfolio before the ex-date on 9/5/2024.

When did Resimac Group pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Resimac Group in the year 2023?

In the year 2023, Resimac Group distributed 0.114 AUD as dividends.

In which currency does Resimac Group pay out the dividend?

The dividends of Resimac Group are distributed in AUD.