SoFi Technologies Stock

SoFi Technologies ROA 2024

SoFi Technologies ROA

-0.01

Ticker

SOFI

ISIN

US83406F1021

WKN

A2QPMG

In 2024, SoFi Technologies's return on assets (ROA) was -0.01, a -40.24% increase from the -0.02 ROA in the previous year.

SoFi Technologies Aktienanalyse

What does SoFi Technologies do?

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

ROA Details

Understanding SoFi Technologies's Return on Assets (ROA)

SoFi 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 SoFi 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 SoFi 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 SoFi 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 SoFi Technologies stock

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

The Return on Assets (ROA) of SoFi Technologies is -0.01 undefined this year.

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

The ROA of SoFi Technologies has increased by -40.24% compared to the previous year.

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

A high ROA is advantageous for investors of SoFi 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 SoFi Technologies?

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

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

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

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

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

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

Why is the ROA of SoFi Technologies important for investors?

The ROA of SoFi 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 SoFi Technologies take to improve ROA?

To improve ROA, SoFi 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 SoFi Technologies pay?

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

What is the dividend yield of SoFi Technologies?

The current dividend yield of SoFi Technologies is .

When does SoFi Technologies pay dividends?

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

How secure is the dividend of SoFi Technologies?

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

What is the dividend of SoFi 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 SoFi Technologies located?

SoFi Technologies is assigned to the 'Finance' sector.

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

To receive the latest dividend of SoFi Technologies from 12/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/2/2024.

When did SoFi Technologies pay the last dividend?

The last dividend was paid out on 12/2/2024.

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

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

In which currency does SoFi Technologies pay out the dividend?

The dividends of SoFi Technologies are distributed in USD.

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Andere Kennzahlen von SoFi Technologies

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