Stelco Holdings Stock

Stelco Holdings ROA 2024

Stelco Holdings ROA

0.05

Ticker

STLC.TO

ISIN

CA8585221051

WKN

A2H64R

In 2024, Stelco Holdings's return on assets (ROA) was 0.05, a -84.73% increase from the 0.32 ROA in the previous year.

Stelco Holdings Aktienanalyse

What does Stelco Holdings do?

Stelco Holdings Inc is a Canadian company that specializes in the production of steel products. The company has a long history dating back to 1910 when it was established as a steel pipe mill under the name Hamilton Steel Products. Over the years, the company has rebranded and expanded its business activities. Today, Stelco Holdings Inc consists of several divisions, including steel production, carbon steel production, steel tube manufacturing, and the production of steel products for the automotive industry. The business model of Stelco Holdings Inc is based on the production and sale of high-quality steel products. The company has a strong presence in the North American market and also exports its products to other countries. One of the biggest strengths of Stelco Holdings Inc is its ability to adapt to market changes and meet the needs of customers. The company has made several acquisitions in recent years to expand its manufacturing capacity and explore new business opportunities. One of the key divisions of Stelco Holdings Inc is steel production. The company operates multiple production facilities that focus on the production of hot-rolled steel, specialized steel, flat steel, and other specialty steels. Most of these products are used in the construction industry, such as for building and bridge construction. Stelco Holdings Inc is also a major supplier of steel products for the automotive industry. The company produces a range of components, including body and chassis parts, to assemble various vehicle models. These products are mainly sold in North America. Another important division of Stelco Holdings Inc is steel tube manufacturing. The company produces a variety of tubes for various industries, including the oil and gas industry, chemical industry, and hydropower. Stelco Holdings Inc can also manufacture custom tubes for customers with special requirements. Although Stelco Holdings Inc primarily focuses on the North American market, the company also has a strong presence in other countries, particularly in Europe and Asia. The company exports its products to over 20 countries worldwide and also maintains sales offices in various countries. Overall, Stelco Holdings Inc is a leading company in the steel industry that specializes in the production and sale of high-quality steel products. With its strong presence in the North American market and its ability to adapt to market changes, the company is well-positioned to continue being successful and expand its business in the future. Stelco Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Stelco Holdings's Return on Assets (ROA)

Stelco Holdings'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 Stelco Holdings'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 Stelco Holdings'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 Stelco Holdings’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 Stelco Holdings stock

What is the Return on Assets (ROA) of Stelco Holdings this year?

The Return on Assets (ROA) of Stelco Holdings is 0.05 undefined this year.

What was the ROA of Stelco Holdings compared to the previous year?

The ROA of Stelco Holdings has increased by -84.73% compared to the previous year.

What consequences do high ROA have for investors of Stelco Holdings?

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

What are the consequences of low ROA for investors in Stelco Holdings?

A low ROA can be unfavorable for investors of Stelco Holdings 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 Stelco Holdings affect the company?

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

How does a reduction in ROA of Stelco Holdings impact the company?

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

What are some factors that can influence the ROA of Stelco Holdings?

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

Why is the ROA of Stelco Holdings important for investors?

The ROA of Stelco Holdings 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 Stelco Holdings take to improve ROA?

To improve ROA, Stelco Holdings 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 Stelco Holdings pay?

Over the past 12 months, Stelco Holdings paid a dividend of 1.68 CAD . This corresponds to a dividend yield of about 2.47 %. For the coming 12 months, Stelco Holdings is expected to pay a dividend of 2.49 CAD.

What is the dividend yield of Stelco Holdings?

The current dividend yield of Stelco Holdings is 2.47 %.

When does Stelco Holdings pay dividends?

Stelco Holdings pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Stelco Holdings?

Stelco Holdings paid dividends every year for the past 9 years.

What is the dividend of Stelco Holdings?

For the upcoming 12 months, dividends amounting to 2.49 CAD are expected. This corresponds to a dividend yield of 3.65 %.

In which sector is Stelco Holdings located?

Stelco Holdings is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Stelco Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stelco Holdings from 8/26/2024 amounting to 0.75 CAD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.

When did Stelco Holdings pay the last dividend?

The last dividend was paid out on 8/26/2024.

What was the dividend of Stelco Holdings in the year 2023?

In the year 2023, Stelco Holdings distributed 1.32 CAD as dividends.

In which currency does Stelco Holdings pay out the dividend?

The dividends of Stelco Holdings are distributed in CAD.

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Andere Kennzahlen von Stelco Holdings

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