RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Riot Platforms Stock

Riot Platforms ROA 2024

Riot Platforms ROA

-0.02

Ticker

RIOT

ISIN

US7672921050

WKN

A2H51D

In 2024, Riot Platforms's return on assets (ROA) was -0.02, a -93.75% increase from the -0.39 ROA in the previous year.

Riot Platforms Aktienanalyse

What does Riot Platforms do?

Riot Blockchain Inc. is a US company operating in the field of blockchain technology. The company was originally founded in 2000 under the name Bioptix and focused on developing diagnostic and testing systems for animal health. However, in 2017, the company changed its name to Riot Blockchain to concentrate on the emerging field of blockchain technology. Riot Blockchain's business model is centered around investing in companies involved in blockchain technology. In addition to providing funding, the company actively participates in the development of blockchain projects and operates its own mining operations. Since its inception, Riot Blockchain has invested over $1.8 billion in blockchain companies. One significant aspect of Riot Blockchain's operations is cryptocurrency mining, including Bitcoin, Ethereum, and Litecoin. The company operates specialized computers designed to solve complex computational tasks to create new blocks in the blockchain and receive rewards in the form of cryptocurrencies. In 2020, Riot Blockchain expanded its mining activities through a strategic partnership with a Chinese hardware company. Apart from cryptocurrency mining, Riot Blockchain is also involved in the development of blockchain technologies. One notable division is TessPay, a company in which Riot Blockchain has a stake. TessPay is developing a platform that enables faster and more cost-effective payments between businesses by utilizing blockchain technology. Another product offered by Riot Blockchain is Logical Brokerage, a cryptocurrency trading platform that allows users to trade cryptocurrencies on various exchanges. Logical Brokerage enables users to buy and sell cryptocurrencies and provides 24/7 real-time data on the cryptocurrency market. Overall, Riot Blockchain has established itself as a significant player in the field of blockchain technology. The company focuses on investing in blockchain companies, cryptocurrency mining, and the development of blockchain technologies. Through its activities, Riot Blockchain contributes to the advancement and dissemination of blockchain technology. Riot Platforms ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Riot Platforms's Return on Assets (ROA)

Riot Platforms'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 Riot Platforms'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 Riot Platforms'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 Riot Platforms’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 Riot Platforms stock

What is the Return on Assets (ROA) of Riot Platforms this year?

The Return on Assets (ROA) of Riot Platforms is -0.02 undefined this year.

What was the ROA of Riot Platforms compared to the previous year?

The ROA of Riot Platforms has increased by -93.75% compared to the previous year.

What consequences do high ROA have for investors of Riot Platforms?

A high ROA is advantageous for investors of Riot Platforms, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Riot Platforms?

A low ROA can be unfavorable for investors of Riot Platforms 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 Riot Platforms affect the company?

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

How does a reduction in ROA of Riot Platforms impact the company?

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

What are some factors that can influence the ROA of Riot Platforms?

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

Why is the ROA of Riot Platforms important for investors?

The ROA of Riot Platforms 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 Riot Platforms take to improve ROA?

To improve ROA, Riot Platforms 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 Riot Platforms pay?

Over the past 12 months, Riot Platforms paid a dividend of 1 USD . This corresponds to a dividend yield of about 8.94 %. For the coming 12 months, Riot Platforms is expected to pay a dividend of 0 USD.

What is the dividend yield of Riot Platforms?

The current dividend yield of Riot Platforms is 8.94 %.

When does Riot Platforms pay dividends?

Riot Platforms pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Riot Platforms?

Riot Platforms paid dividends every year for the past 0 years.

What is the dividend of Riot Platforms?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Riot Platforms located?

Riot Platforms is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Riot Platforms kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Riot Platforms from 10/18/2017 amounting to 1 USD, you needed to have the stock in your portfolio before the ex-date on 10/12/2017.

When did Riot Platforms pay the last dividend?

The last dividend was paid out on 10/18/2017.

What was the dividend of Riot Platforms in the year 2023?

In the year 2023, Riot Platforms distributed 0 USD as dividends.

In which currency does Riot Platforms pay out the dividend?

The dividends of Riot Platforms are distributed in USD.

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Andere Kennzahlen von Riot Platforms

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