Solitario Resources - Stock

Solitario Resources ROA 2024

Solitario Resources ROA

-0.14

Ticker

XPL

ISIN

US8342EP1070

WKN

A0Q4KV

In 2024, Solitario Resources's return on assets (ROA) was -0.14, a -21.3% increase from the -0.18 ROA in the previous year.

Solitario Resources Aktienanalyse

What does Solitario Resources do?

Solitario Zinc Corp is a leading company in the mining and exploration sector, specializing in the production of zinc and copper. The company has a long history in the industry, dating back to the founding of East Central Minerals Corporation in 1984. The business model of Solitario Zinc Corp is based on the identification and development of promising mineral resources in North America and Europe. The company specializes in the exploration and development of copper and zinc deposits and also focuses on the search for valuable precious metals such as gold and silver. Solitario Zinc Corp operates in various divisions, including exploration, development, and production. The company ensures that it adheres to strict standards in the development and production of resources to protect the environment and the communities in which it operates. It works closely with local governments and communities to ensure that it is a responsible mining operator. The company offers a wide range of products, including copper concentrates, zinc concentrates, as well as gold and silver bars. These products are primarily sold to refineries and processors who further process them to produce various consumer products. Solitario Zinc Corp is also a leading provider to companies operating in the metal processing industry. The company has a strong presence in North America and Europe, delivering high-quality products and services to its customers. Additionally, the company works closely with its customers to provide customized solutions that meet their specific requirements. Overall, Solitario Zinc Corp has a long history and has become a leading company in the exploration and production of copper and zinc deposits. The company is responsible and works closely with local communities to ensure that it is a responsible mining operator. The company's product range is also diverse, making it a significant provider in the metal processing industry. Solitario Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Solitario Resources's Return on Assets (ROA)

Solitario Resources'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 Solitario Resources'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 Solitario Resources'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 Solitario Resources’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 Solitario Resources Stock

What is the Return on Assets (ROA) of Solitario Resources this year?

The Return on Assets (ROA) of Solitario Resources is -0.14 undefined this year.

What was the ROA of Solitario Resources compared to the previous year?

The ROA of Solitario Resources has increased by -21.3% compared to the previous year.

What consequences do high ROA have for investors of Solitario Resources?

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

What are the consequences of low ROA for investors in Solitario Resources?

A low ROA can be unfavorable for investors of Solitario Resources 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 Solitario Resources affect the company?

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

How does a reduction in ROA of Solitario Resources impact the company?

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

What are some factors that can influence the ROA of Solitario Resources?

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

Why is the ROA of Solitario Resources important for investors?

The ROA of Solitario Resources 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 Solitario Resources take to improve ROA?

To improve ROA, Solitario Resources 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 Solitario Resources pay?

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

What is the dividend yield of Solitario Resources?

The current dividend yield of Solitario Resources is .

When does Solitario Resources pay dividends?

Solitario Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Solitario Resources?

Solitario Resources paid dividends every year for the past 0 years.

What is the dividend of Solitario Resources?

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

In which sector is Solitario Resources located?

Solitario Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Solitario Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Solitario Resources from 6/23/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/23/2024.

When did Solitario Resources pay the last dividend?

The last dividend was paid out on 6/23/2024.

What was the dividend of Solitario Resources in the year 2023?

In the year 2023, Solitario Resources distributed 0 USD as dividends.

In which currency does Solitario Resources pay out the dividend?

The dividends of Solitario Resources are distributed in USD.

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Andere Kennzahlen von Solitario Resources

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