What is the Return on Assets (ROA) of TMX Group this year?
The Return on Assets (ROA) of TMX Group is 0.01 undefined this year.
TMX Group ROA 2024
TMX Group ROA
0.01
Ticker
X.TO
ISIN
CA87262K1057
WKN
A1J4GR
In 2024, TMX Group's return on assets (ROA) was 0.01, a -42.92% increase from the 0.01 ROA in the previous year.
TMX Group Aktienanalyse
What does TMX Group do?
TMX Group Ltd is a company specializing in the operation of financial market infrastructures and services. The company is headquartered in Toronto, Canada and is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). The history of TMX dates back to 1852 when a stock exchange was established in Toronto. Over time, additional exchanges were opened in Canada, eventually leading to the formation of TMX Group in 2008. Since its inception, TMX Group has continuously expanded its range of products and services and has become one of the leading providers of financial market infrastructures in North America. TMX's business model is based on providing state-of-the-art trading platforms, data providers, and clearing and settlement services for a variety of financial markets, including stocks, bonds, currencies, commodities, and derivatives. TMX works closely with government and regulatory authorities to ensure that its activities comply with regulatory requirements and are transparent. TMX Group is divided into various business segments, each offering specialized services and products. These include: - TSX and TSX Venture Exchange: TSX is Canada's premier stock exchange, providing companies with the opportunity to list and publicly trade stocks and other securities. TSX Venture Exchange is a platform for emerging companies seeking capital-raising opportunities. - Montreal Exchange (MX): MX is Canada's leading exchange for options, futures, and other derivatives. Investors can place bets on future developments in stock prices, currencies, and other assets. - NGX: NGX is a leading operator of energy and commodity markets in North America, including natural gas, electricity, carbon emissions, and other commodities. - Shorcan: Shorcan is a leading provider of OTC market information and liquidity in Canada. Shorcan specifically serves the Canadian government securities market. - Trayport: Trayport is a company that offers trading platforms and data services for energy, metal, weather, and agricultural products. In addition to these segments, TMX also operates a range of other services, including: - Data and analytics services: TMX offers comprehensive data and analytics tools, including real-time and historical data, research reports, and data integration services. - Clearing and settlement services: TMX operates clearinghouses that handle transaction settlement and risk assessment. These services are essential for ensuring the security and stability of financial markets. - Technology and infrastructure services: TMX provides technology services that enable other companies to use its trading platforms and systems. It offers a wide portfolio of offerings, including cloud-based solutions and software-as-a-service offerings. Overall, TMX is a key player in North American financial markets. By providing innovative trading platforms, data offerings, and clearing services, TMX contributes to the efficient and transparent flow of capital between companies and investors. TMX Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding TMX Group's Return on Assets (ROA)
TMX 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 TMX 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 TMX 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 TMX 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 TMX Group stock
What was the ROA of TMX Group compared to the previous year?
The ROA of TMX Group has increased by -42.92% compared to the previous year.
What consequences do high ROA have for investors of TMX Group?
A high ROA is advantageous for investors of TMX 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 TMX Group?
A low ROA can be unfavorable for investors of TMX 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 TMX Group affect the company?
An increase in ROA of TMX Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of TMX Group impact the company?
A reduction in the ROA of TMX Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of TMX Group?
Some factors that can influence the ROA of TMX Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of TMX Group important for investors?
The ROA of TMX 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 TMX Group take to improve ROA?
To improve ROA, TMX 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 TMX Group pay?
Over the past 12 months, TMX Group paid a dividend of 2.1 CAD . This corresponds to a dividend yield of about 4.85 %. For the coming 12 months, TMX Group is expected to pay a dividend of 1.79 CAD.
What is the dividend yield of TMX Group?
The current dividend yield of TMX Group is 4.85 %.
When does TMX Group pay dividends?
TMX Group pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of TMX Group?
TMX Group paid dividends every year for the past 23 years.
What is the dividend of TMX Group?
For the upcoming 12 months, dividends amounting to 1.79 CAD are expected. This corresponds to a dividend yield of 4.14 %.
In which sector is TMX Group located?
TMX Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von TMX Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TMX Group from 8/30/2024 amounting to 0.19 CAD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
When did TMX Group pay the last dividend?
The last dividend was paid out on 8/30/2024.
What was the dividend of TMX Group in the year 2023?
In the year 2023, TMX Group distributed 3.32 CAD as dividends.
In which currency does TMX Group pay out the dividend?
The dividends of TMX Group are distributed in CAD.
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Andere Kennzahlen von TMX Group
Our stock analysis for TMX 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 TMX Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
