What is the ROCE (Return on Capital Employed) of RumbleOn this year?
The ROCE of RumbleOn is -0.09 undefined this year.
RumbleOn ROCE 2024
RumbleOn ROCE
-0.09
Ticker
RMBL
ISIN
US7813863054
WKN
A2P426
In 2024, RumbleOn's return on capital employed (ROCE) was -0.09, a -128.43% increase from the 0.31 ROCE in the previous year.
RumbleOn Aktienanalyse
What does RumbleOn do?
RumbleOn Inc is a US-based company specializing in the trading of motorcycles, off-road vehicles, boats, and recreational vehicles. It was founded in 2017 by Marshall Chesrown and is headquartered in Irving, Texas. The company is known for its innovative business model and use of modern technologies. RumbleOn's core business is the trading of used vehicles. It offers a comprehensive platform that facilitates the buying and selling of vehicles. Through the use of innovative technologies such as algorithms and data analysis, RumbleOn can determine prices for vehicles that are fair and attractive to customers. Additionally, RumbleOn provides a warranty for purchased vehicles, giving customers confidence and security in their purchases. Another advantage for customers is the ability to sell their vehicles directly to RumbleOn without having to leave their homes for a separate inspection or demonstration. RumbleOn also offers financing options for vehicle purchases. The company has a valuation tool on its website that allows for a quick estimate of a vehicle's value. RumbleOn also operates an online auction platform for vehicles, where interested parties can bid on a vehicle. Sellers set a minimum bid and the highest bid wins the vehicle. This platform is particularly useful for sellers who want to earn the most money for their vehicles. The company also has a division for selling accessories, both for motorcycles and other vehicles. Customers can find and purchase all types of accessories and parts for their vehicles on RumbleOn's website. Another innovation from RumbleOn is the use of blockchain technology. RumbleOn allows customers to manage their digital ownership by using a blockchain-based platform. This allows customers to view and manage their vehicles from anywhere in the world. RumbleOn's solution is highly unique in the industry and provides unparalleled security for buyers and sellers. The company also plans to expand into European markets. In 2018, RumbleOn acquired Wholesale Inc, a used car wholesaler in Europe, to prepare for expansion. In the future, RumbleOn aims to increase its transaction volume and brand presence and establish itself as a leading provider of used vehicles. Overall, RumbleOn is an innovative company that utilizes modern technologies to make the trading of used vehicles easier and safer. With an effective business model and a strong management team, RumbleOn is on a path of expansion and has the potential to become one of the key players in the industry. RumbleOn ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling RumbleOn's Return on Capital Employed (ROCE)
RumbleOn's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing RumbleOn's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
RumbleOn's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in RumbleOn’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about RumbleOn stock
How has the ROCE (Return on Capital Employed) of RumbleOn developed compared to the previous year?
The ROCE of RumbleOn has increased by -128.43% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of RumbleOn?
A high Return on Capital Employed (ROCE) indicates that RumbleOn has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of RumbleOn?
A low ROCE (Return on Capital Employed) can indicate that RumbleOn has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from RumbleOn impact the company?
An increase in the ROCE of RumbleOn can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of RumbleOn affect the company?
A decrease in ROCE of RumbleOn can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of RumbleOn?
Some factors that can affect RumbleOn's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of RumbleOn so important for investors?
The ROCE of RumbleOn is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can RumbleOn take to improve the ROCE?
To improve the ROCE, RumbleOn can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does RumbleOn pay?
Over the past 12 months, RumbleOn paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, RumbleOn is expected to pay a dividend of 0 USD.
What is the dividend yield of RumbleOn?
The current dividend yield of RumbleOn is .
When does RumbleOn pay dividends?
RumbleOn pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of RumbleOn?
RumbleOn paid dividends every year for the past 0 years.
What is the dividend of RumbleOn?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is RumbleOn located?
RumbleOn is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von RumbleOn kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of RumbleOn from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did RumbleOn pay the last dividend?
The last dividend was paid out on 9/13/2024.
What was the dividend of RumbleOn in the year 2023?
In the year 2023, RumbleOn distributed 0 USD as dividends.
In which currency does RumbleOn pay out the dividend?
The dividends of RumbleOn are distributed in USD.
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Andere Kennzahlen von RumbleOn
Our stock analysis for RumbleOn 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 RumbleOn Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
