What is the debt of SHIFT this year?
SHIFT has a debt level of -12,677 JPY this year.
SHIFT Debt 2024
SHIFT Debt
-12,677 JPY
Ticker
3697.T
ISIN
JP3355400007
WKN
A12D58
In 2024, SHIFT's total debt was -12,677 JPY, a 35.57% change from the -9,351.19 JPY total debt recorded in the previous year.
SHIFT Aktienanalyse
What does SHIFT do?
Shift Inc is a US-based company headquartered in San Francisco, California. It was founded in 2013 by George Arison, Christian Ohler, Minnie Ingersoll, and Chris Heimann, and specializes in the field of used car brokerage. The idea behind the company came from the founders' personal experience. They found that buying and selling used cars often comes with problems and uncertainties. The founders decided to simplify and modernize this market by creating a platform that allows customers to quickly and easily sell or buy used cars. Shift's business model is based on the brokerage of used cars. Customers can have their vehicle evaluated on Shift's website and receive an offer within minutes. If they accept the offer, Shift picks up the vehicle and handles the entire sales process, including refunding the purchase price. Shift also offers customers a warranty for the sold vehicles, which is valid for a limited time after the purchase. The company collaborates with a number of insurance companies for this. In addition to selling used cars, Shift also offers a range of services for customers looking for a new vehicle. The company compares offers from different dealers and helps its customers find the vehicle that best suits their needs. Shift also offers financing options for vehicle purchases. The company has continuously evolved in recent years and now has multiple business areas. One of them is the online marketplace for used cars. Here, customers can evaluate and sell their vehicles for free. Another business area of Shift is online brokerage of car insurance. On Shift's website, customers can compare various car insurance options and select one tailored to their needs. Shift has also partnered with Uber to make it easier for drivers to buy used vehicles. The program offers financing solutions for vehicle purchases, as well as insurance and maintenance services. The company has achieved a high growth rate in recent years and is now active in several US cities. It has received funding from several prominent investors, allowing it to expand its business further. Overall, Shift is an innovative company that aims to simplify and modernize the used car market. With its versatile offerings and sophisticated online system, it has quickly established itself as one of the industry leaders. SHIFT ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding SHIFT's Debt Structure
SHIFT's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing SHIFT's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to SHIFT’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in SHIFT’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about SHIFT stock
What was the debt of SHIFT compared to the previous year?
The debt of SHIFT has increased by 35.57% compared to the previous year increased.
What are the consequences of high debt for investors in SHIFT?
High debt can pose a risk for investors of SHIFT, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of SHIFT?
Low debt means that SHIFT has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from SHIFT affect the company?
An increase in debt of SHIFT can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of SHIFT affect the company?
A reduction in debt of SHIFT can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of SHIFT?
Some factors that can influence the debt of SHIFT include investments, acquisitions, operating costs, and revenue development.
Why are the debts of SHIFT so important for investors?
The debts of SHIFT are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can SHIFT take to change the debt?
To change the debt, SHIFT can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does SHIFT pay?
Over the past 12 months, SHIFT paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, SHIFT is expected to pay a dividend of 0 JPY.
What is the dividend yield of SHIFT?
The current dividend yield of SHIFT is .
When does SHIFT pay dividends?
SHIFT pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of SHIFT?
SHIFT paid dividends every year for the past 0 years.
What is the dividend of SHIFT?
For the upcoming 12 months, dividends amounting to 0 JPY are expected. This corresponds to a dividend yield of 0 %.
In which sector is SHIFT located?
SHIFT is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von SHIFT kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of SHIFT from 9/29/2024 amounting to 0 JPY, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.
When did SHIFT pay the last dividend?
The last dividend was paid out on 9/29/2024.
What was the dividend of SHIFT in the year 2023?
In the year 2023, SHIFT distributed 0 JPY as dividends.
In which currency does SHIFT pay out the dividend?
The dividends of SHIFT are distributed in JPY.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von SHIFT
Our stock analysis for SHIFT 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 SHIFT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
