What is the Return on Assets (ROA) of SolGold this year?
The Return on Assets (ROA) of SolGold is -0.11 undefined this year.
SolGold ROA 2024
SolGold ROA
-0.11
Ticker
SOLG.L
ISIN
GB00B0WD0R35
WKN
A0JDJ3
In 2024, SolGold's return on assets (ROA) was -0.11, a 2,746.44% increase from the -0 ROA in the previous year.
SolGold Aktienanalyse
What does SolGold do?
SolGold PLC is a mining company that was founded in Brisbane, Australia in 2005. The company specializes in exploring, developing, and commercially operating gold and copper mines, and has projects in Ecuador and Australia. SolGold ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding SolGold's Return on Assets (ROA)
SolGold'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 SolGold'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 SolGold'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 SolGold’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 SolGold stock
What was the ROA of SolGold compared to the previous year?
The ROA of SolGold has increased by 2,746.44% compared to the previous year.
What consequences do high ROA have for investors of SolGold?
A high ROA is advantageous for investors of SolGold, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in SolGold?
A low ROA can be unfavorable for investors of SolGold 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 SolGold affect the company?
An increase in ROA of SolGold can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of SolGold impact the company?
A reduction in the ROA of SolGold can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of SolGold?
Some factors that can influence the ROA of SolGold include revenue, operating costs, asset structure, and industry average.
Why is the ROA of SolGold important for investors?
The ROA of SolGold 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 SolGold take to improve ROA?
To improve ROA, SolGold 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 SolGold pay?
Over the past 12 months, SolGold paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, SolGold is expected to pay a dividend of 0 USD.
What is the dividend yield of SolGold?
The current dividend yield of SolGold is .
When does SolGold pay dividends?
SolGold pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of SolGold?
SolGold paid dividends every year for the past 0 years.
What is the dividend of SolGold?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is SolGold located?
SolGold is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von SolGold kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of SolGold from 9/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/12/2024.
When did SolGold pay the last dividend?
The last dividend was paid out on 9/12/2024.
What was the dividend of SolGold in the year 2023?
In the year 2023, SolGold distributed 0 USD as dividends.
In which currency does SolGold pay out the dividend?
The dividends of SolGold are distributed in USD.
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Andere Kennzahlen von SolGold
Our stock analysis for SolGold 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 SolGold Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
