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Synex Renewable Energy Stock

Synex Renewable Energy ROA 2024

Synex Renewable Energy ROA

-0.09

Ticker

SXI.TO

ISIN

CA87168M1068

WKN

A3DWB8

In 2024, Synex Renewable Energy's return on assets (ROA) was -0.09, a 191.44% increase from the -0.03 ROA in the previous year.

Synex Renewable Energy Aktienanalyse

What does Synex Renewable Energy do?

Synex Renewable Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Synex Renewable Energy's Return on Assets (ROA)

Synex Renewable Energy'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 Synex Renewable Energy'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 Synex Renewable Energy'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 Synex Renewable Energy’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 Synex Renewable Energy stock

What is the Return on Assets (ROA) of Synex Renewable Energy this year?

The Return on Assets (ROA) of Synex Renewable Energy is -0.09 undefined this year.

What was the ROA of Synex Renewable Energy compared to the previous year?

The ROA of Synex Renewable Energy has increased by 191.44% compared to the previous year.

What consequences do high ROA have for investors of Synex Renewable Energy?

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

What are the consequences of low ROA for investors in Synex Renewable Energy?

A low ROA can be unfavorable for investors of Synex Renewable Energy 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 Synex Renewable Energy affect the company?

An increase in ROA of Synex Renewable Energy can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Synex Renewable Energy impact the company?

A reduction in the ROA of Synex Renewable Energy can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Synex Renewable Energy?

Some factors that can influence the ROA of Synex Renewable Energy include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Synex Renewable Energy important for investors?

The ROA of Synex Renewable Energy 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 Synex Renewable Energy take to improve ROA?

To improve ROA, Synex Renewable Energy 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 Synex Renewable Energy pay?

Over the past 12 months, Synex Renewable Energy paid a dividend of 0.1 CAD . This corresponds to a dividend yield of about 5.59 %. For the coming 12 months, Synex Renewable Energy is expected to pay a dividend of 0 CAD.

What is the dividend yield of Synex Renewable Energy?

The current dividend yield of Synex Renewable Energy is 5.59 %.

When does Synex Renewable Energy pay dividends?

Synex Renewable Energy pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of Synex Renewable Energy?

Synex Renewable Energy paid dividends every year for the past 0 years.

What is the dividend of Synex Renewable Energy?

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

In which sector is Synex Renewable Energy located?

Synex Renewable Energy is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Synex Renewable Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Synex Renewable Energy from 6/28/2016 amounting to 0.01 CAD, you needed to have the stock in your portfolio before the ex-date on 6/8/2016.

When did Synex Renewable Energy pay the last dividend?

The last dividend was paid out on 6/28/2016.

What was the dividend of Synex Renewable Energy in the year 2023?

In the year 2023, Synex Renewable Energy distributed 0 CAD as dividends.

In which currency does Synex Renewable Energy pay out the dividend?

The dividends of Synex Renewable Energy are distributed in CAD.

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Andere Kennzahlen von Synex Renewable Energy

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