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Ride On Express Holdings Co Stock

Ride On Express Holdings Co ROA 2024

Ride On Express Holdings Co ROA

0.03

Ticker

6082.T

ISIN

JP3966000006

In 2024, Ride On Express Holdings Co's return on assets (ROA) was 0.03, a -74.2% increase from the 0.11 ROA in the previous year.

Ride On Express Holdings Co Aktienanalyse

What does Ride On Express Holdings Co do?

Ride On Express Holdings Co Ltd is a Japanese company specializing in providing various transportation services. It offers a wide range of transportation options, including express buses, taxis, freight transportation, and more. The company focuses on delivering tailored transport services to meet the needs of different customers, with an emphasis on quality, safety, and reliability. Some of its offerings include express bus services, taxi services, freight transportation, and vehicle rentals. It also provides a mobile app for customers to book services, a loyalty program, and travel insurance. Ride On Express has established itself as a leading transport service provider in Japan, continuously improving its services to offer the best possible experience to its customers. Ride On Express Holdings Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ride On Express Holdings Co's Return on Assets (ROA)

Ride On Express Holdings Co'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 Ride On Express Holdings Co'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 Ride On Express Holdings Co'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 Ride On Express Holdings Co’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 Ride On Express Holdings Co stock

What is the Return on Assets (ROA) of Ride On Express Holdings Co this year?

The Return on Assets (ROA) of Ride On Express Holdings Co is 0.03 undefined this year.

What was the ROA of Ride On Express Holdings Co compared to the previous year?

The ROA of Ride On Express Holdings Co has increased by -74.2% compared to the previous year.

What consequences do high ROA have for investors of Ride On Express Holdings Co?

A high ROA is advantageous for investors of Ride On Express Holdings Co, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Ride On Express Holdings Co?

A low ROA can be unfavorable for investors of Ride On Express Holdings Co 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 Ride On Express Holdings Co affect the company?

An increase in ROA of Ride On Express Holdings Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ride On Express Holdings Co impact the company?

A reduction in the ROA of Ride On Express Holdings Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ride On Express Holdings Co?

Some factors that can influence the ROA of Ride On Express Holdings Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Ride On Express Holdings Co important for investors?

The ROA of Ride On Express Holdings Co 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 Ride On Express Holdings Co take to improve ROA?

To improve ROA, Ride On Express Holdings Co 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 Ride On Express Holdings Co pay?

Over the past 12 months, Ride On Express Holdings Co paid a dividend of 15 JPY . This corresponds to a dividend yield of about 1.46 %. For the coming 12 months, Ride On Express Holdings Co is expected to pay a dividend of 17.07 JPY.

What is the dividend yield of Ride On Express Holdings Co?

The current dividend yield of Ride On Express Holdings Co is 1.46 %.

When does Ride On Express Holdings Co pay dividends?

Ride On Express Holdings Co pays a quarterly dividend. This is distributed in the months of April, April, April, April.

How secure is the dividend of Ride On Express Holdings Co?

Ride On Express Holdings Co paid dividends every year for the past 13 years.

What is the dividend of Ride On Express Holdings Co?

For the upcoming 12 months, dividends amounting to 17.07 JPY are expected. This corresponds to a dividend yield of 1.66 %.

In which sector is Ride On Express Holdings Co located?

Ride On Express Holdings Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Ride On Express Holdings Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ride On Express Holdings Co from 6/1/2024 amounting to 15 JPY, you needed to have the stock in your portfolio before the ex-date on 3/28/2024.

When did Ride On Express Holdings Co pay the last dividend?

The last dividend was paid out on 6/1/2024.

What was the dividend of Ride On Express Holdings Co in the year 2023?

In the year 2023, Ride On Express Holdings Co distributed 30 JPY as dividends.

In which currency does Ride On Express Holdings Co pay out the dividend?

The dividends of Ride On Express Holdings Co are distributed in JPY.

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Andere Kennzahlen von Ride On Express Holdings Co

Our stock analysis for Ride On Express Holdings Co 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 Ride On Express Holdings Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.