What is the Return on Assets (ROA) of SHIFT this year?
The Return on Assets (ROA) of SHIFT is 0.13 undefined this year.
SHIFT ROA 2024
SHIFT ROA
0.13
Ticker
3697.T
ISIN
JP3355400007
WKN
A12D58
In 2024, SHIFT's return on assets (ROA) was 0.13, a 1.97% increase from the 0.12 ROA 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.ROA Details
Understanding SHIFT's Return on Assets (ROA)
SHIFT'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 SHIFT'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 SHIFT'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 SHIFT’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 SHIFT stock
What was the ROA of SHIFT compared to the previous year?
The ROA of SHIFT has increased by 1.97% compared to the previous year.
What consequences do high ROA have for investors of SHIFT?
A high ROA is advantageous for investors of SHIFT, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in SHIFT?
A low ROA can be unfavorable for investors of SHIFT 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 SHIFT affect the company?
An increase in ROA of SHIFT can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of SHIFT impact the company?
A reduction in the ROA of SHIFT can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of SHIFT?
Some factors that can influence the ROA of SHIFT include revenue, operating costs, asset structure, and industry average.
Why is the ROA of SHIFT important for investors?
The ROA of SHIFT 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 SHIFT take to improve ROA?
To improve ROA, SHIFT 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 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.
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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.
