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Skycity Entertainment Group - Stock

Skycity Entertainment Group ROA 2024

Skycity Entertainment Group ROA

0

Ticker

SKC.NZ

ISIN

NZSKCE0001S2

WKN

906352

In 2024, Skycity Entertainment Group's return on assets (ROA) was 0, a -122.75% increase from the -0.01 ROA in the previous year.

Skycity Entertainment Group Aktienanalyse

What does Skycity Entertainment Group do?

Skycity Entertainment Group Ltd specializes in providing entertainment, gaming, and leisure activities. The company was founded in 1996 by SKYCITY and has expanded to become one of the largest providers of gambling and leisure activities in New Zealand and Australia. Skycity Entertainment Group Ltd offers a wide range of services, including casino games, slot machines, restaurants, bars, hotels, and entertainment venues. The company follows a vertical integration strategy to improve efficiency and service quality. Skycity Entertainment Group Ltd operates casinos in New Zealand and Australia, including luxury casinos in Auckland, Hamilton, Queenstown, and Adelaide. The company also operates hotels and restaurants that are often connected to its casinos. Additionally, Skycity Entertainment Group Ltd hosts various entertainment events. Overall, Skycity Entertainment Group Ltd is a diversified company that offers a comprehensive entertainment experience to its customers. Skycity Entertainment Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Skycity Entertainment Group's Return on Assets (ROA)

Skycity Entertainment Group'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 Skycity Entertainment Group'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 Skycity Entertainment Group'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 Skycity Entertainment Group’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 Skycity Entertainment Group Stock

What is the Return on Assets (ROA) of Skycity Entertainment Group this year?

The Return on Assets (ROA) of Skycity Entertainment Group is 0 undefined this year.

What was the ROA of Skycity Entertainment Group compared to the previous year?

The ROA of Skycity Entertainment Group has increased by -122.75% compared to the previous year.

What consequences do high ROA have for investors of Skycity Entertainment Group?

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

What are the consequences of low ROA for investors in Skycity Entertainment Group?

A low ROA can be unfavorable for investors of Skycity Entertainment Group 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 Skycity Entertainment Group affect the company?

An increase in ROA of Skycity Entertainment Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Skycity Entertainment Group impact the company?

A reduction in the ROA of Skycity Entertainment Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Skycity Entertainment Group?

Some factors that can influence the ROA of Skycity Entertainment Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Skycity Entertainment Group important for investors?

The ROA of Skycity Entertainment Group 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 Skycity Entertainment Group take to improve ROA?

To improve ROA, Skycity Entertainment Group 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 Skycity Entertainment Group pay?

Over the past 12 months, Skycity Entertainment Group paid a dividend of 0.19 NZD . This corresponds to a dividend yield of about 12.69 %. For the coming 12 months, Skycity Entertainment Group is expected to pay a dividend of 0.19 NZD.

What is the dividend yield of Skycity Entertainment Group?

The current dividend yield of Skycity Entertainment Group is 12.69 %.

When does Skycity Entertainment Group pay dividends?

Skycity Entertainment Group pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Skycity Entertainment Group?

Skycity Entertainment Group paid dividends every year for the past 4 years.

What is the dividend of Skycity Entertainment Group?

For the upcoming 12 months, dividends amounting to 0.19 NZD are expected. This corresponds to a dividend yield of 12.53 %.

In which sector is Skycity Entertainment Group located?

Skycity Entertainment Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Skycity Entertainment Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Skycity Entertainment Group from 3/21/2024 amounting to 0.082 NZD, you needed to have the stock in your portfolio before the ex-date on 3/6/2024.

When did Skycity Entertainment Group pay the last dividend?

The last dividend was paid out on 3/21/2024.

What was the dividend of Skycity Entertainment Group in the year 2023?

In the year 2023, Skycity Entertainment Group distributed 0 NZD as dividends.

In which currency does Skycity Entertainment Group pay out the dividend?

The dividends of Skycity Entertainment Group are distributed in NZD.

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Andere Kennzahlen von Skycity Entertainment Group

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