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Stamford Tyres Corporation Stock

Stamford Tyres Corporation ROA 2024

Stamford Tyres Corporation ROA

0

Ticker

S29.SI

ISIN

SG1O53913362

In 2024, Stamford Tyres Corporation's return on assets (ROA) was 0, a -96.04% increase from the 0.02 ROA in the previous year.

Stamford Tyres Corporation Aktienanalyse

What does Stamford Tyres Corporation do?

Stamford Tyres Corporation Ltd is a global provider of tires and wheels based in Singapore. The company was founded in 1930 and has undergone significant development since then. Initially, the company was limited to the local market in Singapore and only offered bicycle tires. However, Stamford Tyres has expanded its business over the years and is now a leading provider of tires and wheels for various types of vehicles. The company's business model is based on the import, export, and distribution of tires and wheels on a global scale. It works with renowned brands such as Bridgestone, Michelin, and Goodyear to offer a wide range of high-quality products. The company has diversified into various sectors to meet customer needs. In the aftermarket sector, the company focuses on selling tires and wheels to end consumers and workshops, offering a wide range of wheels and tires for various vehicles such as cars, trucks, buses, motorcycles, as well as off-road and off-road vehicles. In the motorsport sector, Stamford Tyres offers special racing tires for professional racers and teams, developed and manufactured based on research and development. Furthermore, the company is also involved in the automotive services sector, offering services such as tire mounting, balancing and alignment, as well as vehicle inspection and repair. Stamford Tyres also specializes in the industrial and transportation tire market, providing solutions for various applications such as construction and mining machinery, forklifts, and buses. The company's success is partly due to its ability to adapt to market and technological changes. In recent times, for example, the company has been involved in connectivity and digitization to provide customers with a better shopping experience. Stamford Tyres has also been a pioneer in the development of environmentally friendly products, focusing on manufacturing tires and wheels that reduce fuel consumption and thus decrease CO2 emissions. In summary, Stamford Tyres Corporation Ltd is a globally successful company specializing in the import, export, and distribution of tires and wheels. The company operates in various sectors, including the aftermarket, automotive services, motorsport, and the industrial and transportation tire market. Its products and services are developed based on research and development to meet the needs and requirements of customers. Stamford Tyres Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Stamford Tyres Corporation's Return on Assets (ROA)

Stamford Tyres Corporation'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 Stamford Tyres Corporation'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 Stamford Tyres Corporation'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 Stamford Tyres Corporation’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 Stamford Tyres Corporation stock

What is the Return on Assets (ROA) of Stamford Tyres Corporation this year?

The Return on Assets (ROA) of Stamford Tyres Corporation is 0 undefined this year.

What was the ROA of Stamford Tyres Corporation compared to the previous year?

The ROA of Stamford Tyres Corporation has increased by -96.04% compared to the previous year.

What consequences do high ROA have for investors of Stamford Tyres Corporation?

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

What are the consequences of low ROA for investors in Stamford Tyres Corporation?

A low ROA can be unfavorable for investors of Stamford Tyres Corporation 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 Stamford Tyres Corporation affect the company?

An increase in ROA of Stamford Tyres Corporation can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Stamford Tyres Corporation impact the company?

A reduction in the ROA of Stamford Tyres Corporation can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Stamford Tyres Corporation?

Some factors that can influence the ROA of Stamford Tyres Corporation include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Stamford Tyres Corporation important for investors?

The ROA of Stamford Tyres Corporation 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 Stamford Tyres Corporation take to improve ROA?

To improve ROA, Stamford Tyres Corporation 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 Stamford Tyres Corporation pay?

Over the past 12 months, Stamford Tyres Corporation paid a dividend of 0.02 SGD . This corresponds to a dividend yield of about 7.14 %. For the coming 12 months, Stamford Tyres Corporation is expected to pay a dividend of 0.03 SGD.

What is the dividend yield of Stamford Tyres Corporation?

The current dividend yield of Stamford Tyres Corporation is 7.14 %.

When does Stamford Tyres Corporation pay dividends?

Stamford Tyres Corporation pays a quarterly dividend. This is distributed in the months of November, October, October, October.

How secure is the dividend of Stamford Tyres Corporation?

Stamford Tyres Corporation paid dividends every year for the past 16 years.

What is the dividend of Stamford Tyres Corporation?

For the upcoming 12 months, dividends amounting to 0.03 SGD are expected. This corresponds to a dividend yield of 14.49 %.

In which sector is Stamford Tyres Corporation located?

Stamford Tyres Corporation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Stamford Tyres Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stamford Tyres Corporation from 9/24/2024 amounting to 0.005 SGD, you needed to have the stock in your portfolio before the ex-date on 9/12/2024.

When did Stamford Tyres Corporation pay the last dividend?

The last dividend was paid out on 9/24/2024.

What was the dividend of Stamford Tyres Corporation in the year 2023?

In the year 2023, Stamford Tyres Corporation distributed 0.015 SGD as dividends.

In which currency does Stamford Tyres Corporation pay out the dividend?

The dividends of Stamford Tyres Corporation are distributed in SGD.

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Andere Kennzahlen von Stamford Tyres Corporation

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