What is the Return on Assets (ROA) of Ricegrowers this year?
The Return on Assets (ROA) of Ricegrowers is 0.04 undefined this year.
Ricegrowers ROA 2024
Ricegrowers ROA
0.04
Ticker
SGLLV.AX
ISIN
AU0000040982
In 2024, Ricegrowers's return on assets (ROA) was 0.04, a -0.14% increase from the 0.04 ROA in the previous year.
Ricegrowers Aktienanalyse
What does Ricegrowers do?
Ricegrowers Ltd is an Australian company that was founded in 1950 and is headquartered in Leeton, New South Wales. It aims to promote rice cultivation in Australia and support farmers in rice production. It has become one of the largest providers of rice products in Australia. The company's business model is based on the production, processing, and sale of rice products. It buys rice from local farmers and uses its modern rice processing facilities to offer high-quality rice products for the food industry, retail, and export. The company has diversified its portfolio and now offers a wide range of rice-based products, including rice noodles, rice cakes, rice porridge, and gluten-free rice flour. It has also expanded its product range to include non-American rice varieties, such as basmati rice and jasmine rice, to meet the needs of a growing multicultural customer base. The company operates three main business divisions: rice production, rice processing, and rice sales. Rice production involves cultivating and maintaining rice fields in collaboration with local farmers to ensure sustainable and high-quality rice production. The company also provides continuous training to farmers to keep them updated on the latest cultivation techniques. In the rice processing division, Ricegrowers Ltd has state-of-the-art rice processing facilities that enable it to produce a wide range of rice products to meet customer requirements, including different packaging sizes, rice noodle varieties, and more. The rice sales division focuses on selling rice products to retailers, food manufacturers, and restaurants. Ricegrowers Ltd serves a broad network of trading partners and has also started selling its products through online stores worldwide. Overall, Ricegrowers Ltd has become a significant player in the rice market, committed to producing high-quality rice products that meet customer needs. With its diverse portfolio of rice products, modern facilities, and excellent customer service, Ricegrowers Ltd is well-positioned to remain a key player in the food market. Ricegrowers ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Ricegrowers's Return on Assets (ROA)
Ricegrowers'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 Ricegrowers'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 Ricegrowers'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 Ricegrowers’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 Ricegrowers Stock
What was the ROA of Ricegrowers compared to the previous year?
The ROA of Ricegrowers has increased by -0.14% compared to the previous year.
What consequences do high ROA have for investors of Ricegrowers?
A high ROA is advantageous for investors of Ricegrowers, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Ricegrowers?
A low ROA can be unfavorable for investors of Ricegrowers 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 Ricegrowers affect the company?
An increase in ROA of Ricegrowers can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Ricegrowers impact the company?
A reduction in the ROA of Ricegrowers can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Ricegrowers?
Some factors that can influence the ROA of Ricegrowers include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Ricegrowers important for investors?
The ROA of Ricegrowers 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 Ricegrowers take to improve ROA?
To improve ROA, Ricegrowers 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 Ricegrowers pay?
Over the past 12 months, Ricegrowers paid a dividend of 0.79 AUD . This corresponds to a dividend yield of about 10.48 %. For the coming 12 months, Ricegrowers is expected to pay a dividend of 0.79 AUD.
What is the dividend yield of Ricegrowers?
The current dividend yield of Ricegrowers is 10.48 %.
When does Ricegrowers pay dividends?
Ricegrowers pays a quarterly dividend. This is distributed in the months of July, January, July, January.
How secure is the dividend of Ricegrowers?
Ricegrowers paid dividends every year for the past 9 years.
What is the dividend of Ricegrowers?
For the upcoming 12 months, dividends amounting to 0.79 AUD are expected. This corresponds to a dividend yield of 10.48 %.
In which sector is Ricegrowers located?
Ricegrowers is assigned to the 'Non-cyclical consumption' sector.
Wann musste ich die Aktien von Ricegrowers kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ricegrowers from 1/25/2024 amounting to 0.214 AUD, you needed to have the stock in your portfolio before the ex-date on 12/19/2023.
When did Ricegrowers pay the last dividend?
The last dividend was paid out on 1/25/2024.
What was the dividend of Ricegrowers in the year 2023?
In the year 2023, Ricegrowers distributed 0.5 AUD as dividends.
In which currency does Ricegrowers pay out the dividend?
The dividends of Ricegrowers are distributed in AUD.
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Andere Kennzahlen von Ricegrowers
Our stock analysis for Ricegrowers 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 Ricegrowers Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
