RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Stingray Group ROA 2024

Stingray Group ROA

0.03

Stingray Group Dividend yield

4.01 %

Ticker

RAY.A.TO

ISIN

CA86084H1001

WKN

A2PASS

In 2024, Stingray Group's return on assets (ROA) was 0.03, a -10.77% increase from the 0.04 ROA in the previous year.

Stingray Group Aktienanalyse

What does Stingray Group do?

Stingray Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Stingray Group's Return on Assets (ROA)

Stingray Group'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 Stingray Group'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 Stingray Group'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 Stingray Group’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 Stingray Group Stock

What is the Return on Assets (ROA) of Stingray Group this year?

The Return on Assets (ROA) of Stingray Group is 0.03 undefined this year.

What was the ROA of Stingray Group compared to the previous year?

The ROA of Stingray Group has increased by -10.77% compared to the previous year.

What consequences do high ROA have for investors of Stingray Group?

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

What are the consequences of low ROA for investors in Stingray Group?

A low ROA can be unfavorable for investors of Stingray Group 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 Stingray Group affect the company?

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

How does a reduction in ROA of Stingray Group impact the company?

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

What are some factors that can influence the ROA of Stingray Group?

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

Why is the ROA of Stingray Group important for investors?

The ROA of Stingray Group 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 Stingray Group take to improve ROA?

To improve ROA, Stingray Group 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 Stingray Group pay?

Over the past 12 months, Stingray Group paid a dividend of 0.3 CAD . This corresponds to a dividend yield of about 4.01 %. For the coming 12 months, Stingray Group is expected to pay a dividend of 0.31 CAD.

What is the dividend yield of Stingray Group?

The current dividend yield of Stingray Group is 4.01 %.

When does Stingray Group pay dividends?

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

How secure is the dividend of Stingray Group?

Stingray Group paid dividends every year for the past 12 years.

What is the dividend of Stingray Group?

For the upcoming 12 months, dividends amounting to 0.31 CAD are expected. This corresponds to a dividend yield of 4.13 %.

In which sector is Stingray Group located?

Stingray Group is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Stingray Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Stingray Group from 6/14/2024 amounting to 0.075 CAD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did Stingray Group pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of Stingray Group in the year 2023?

In the year 2023, Stingray Group distributed 0.3 CAD as dividends.

In which currency does Stingray Group pay out the dividend?

The dividends of Stingray Group are distributed in CAD.

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Andere Kennzahlen von Stingray Group

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