What is the Return on Assets (ROA) of TNG this year?
The Return on Assets (ROA) of TNG is -0.07 undefined this year.
TNG ROA 2024
TNG ROA
-0.07
Ticker
TNG.AX
ISIN
AU000000TNG3
WKN
A0B60K
In 2024, TNG's return on assets (ROA) was -0.07, a 51.79% increase from the -0.04 ROA in the previous year.
TNG Aktienanalyse
What does TNG do?
The company TNG Ltd is an Australian company based in Perth, Western Australia. It started in 2004 as a mining company focused on tin, vanadium, and other metals exploration. However, in recent years, it has diversified its business interests to include media and e-commerce platforms. Its core business remains exploring and developing mineral resources, including the Mount Peake Vanadium-Titanium-Iron deposit. It has also invested in renewable energy projects and acquired online marketing companies. TNG Ltd has a strong presence in Asia, particularly in China, and Europe, including Germany. Its business model focuses on building a diversified portfolio of companies in various industries to minimize risk and generate stable income. Overall, TNG Ltd is a dynamic company that is continuously evolving and has promising prospects in the long term. TNG ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding TNG's Return on Assets (ROA)
TNG'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 TNG'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 TNG'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 TNG’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 TNG stock
What was the ROA of TNG compared to the previous year?
The ROA of TNG has increased by 51.79% compared to the previous year.
What consequences do high ROA have for investors of TNG?
A high ROA is advantageous for investors of TNG, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in TNG?
A low ROA can be unfavorable for investors of TNG 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 TNG affect the company?
An increase in ROA of TNG can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of TNG impact the company?
A reduction in the ROA of TNG can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of TNG?
Some factors that can influence the ROA of TNG include revenue, operating costs, asset structure, and industry average.
Why is the ROA of TNG important for investors?
The ROA of TNG 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 TNG take to improve ROA?
To improve ROA, TNG 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 TNG pay?
Over the past 12 months, TNG paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, TNG is expected to pay a dividend of 0 AUD.
What is the dividend yield of TNG?
The current dividend yield of TNG is .
When does TNG pay dividends?
TNG pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of TNG?
TNG paid dividends every year for the past 0 years.
What is the dividend of TNG?
For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.
In which sector is TNG located?
TNG is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von TNG kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TNG from 7/9/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.
When did TNG pay the last dividend?
The last dividend was paid out on 7/9/2024.
What was the dividend of TNG in the year 2023?
In the year 2023, TNG distributed 0 AUD as dividends.
In which currency does TNG pay out the dividend?
The dividends of TNG are distributed in AUD.
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Andere Kennzahlen von TNG
Our stock analysis for TNG 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 TNG Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
