Shift Technologies Stock

Shift Technologies ROA 2024

Shift Technologies ROA

-0.69

Ticker

SFTGQ

ISIN

US82452T3059

In 2024, Shift Technologies's return on assets (ROA) was -0.69, a 52.51% increase from the -0.45 ROA in the previous year.

Shift Technologies Aktienanalyse

What does Shift Technologies do?

Shift Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Shift Technologies's Return on Assets (ROA)

Shift Technologies'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 Technologies'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 Technologies'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 Technologies’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 Technologies stock

What is the Return on Assets (ROA) of Shift Technologies this year?

The Return on Assets (ROA) of Shift Technologies is -0.69 undefined this year.

What was the ROA of Shift Technologies compared to the previous year?

The ROA of Shift Technologies has increased by 52.51% compared to the previous year.

What consequences do high ROA have for investors of Shift Technologies?

A high ROA is advantageous for investors of Shift Technologies, 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 Technologies?

A low ROA can be unfavorable for investors of Shift Technologies 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 Technologies affect the company?

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

How does a reduction in ROA of Shift Technologies impact the company?

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

What are some factors that can influence the ROA of Shift Technologies?

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

Why is the ROA of Shift Technologies important for investors?

The ROA of Shift Technologies 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 Technologies take to improve ROA?

To improve ROA, Shift Technologies 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 Technologies pay?

Over the past 12 months, Shift Technologies paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Shift Technologies is expected to pay a dividend of 0 USD.

What is the dividend yield of Shift Technologies?

The current dividend yield of Shift Technologies is .

When does Shift Technologies pay dividends?

Shift Technologies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Shift Technologies?

Shift Technologies paid dividends every year for the past 0 years.

What is the dividend of Shift Technologies?

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

In which sector is Shift Technologies located?

Shift Technologies is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Shift Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Shift Technologies from 10/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/4/2024.

When did Shift Technologies pay the last dividend?

The last dividend was paid out on 10/4/2024.

What was the dividend of Shift Technologies in the year 2023?

In the year 2023, Shift Technologies distributed 0 USD as dividends.

In which currency does Shift Technologies pay out the dividend?

The dividends of Shift Technologies are distributed in USD.

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Andere Kennzahlen von Shift Technologies

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