Tabcorp Holdings Equity 2024

Tabcorp Holdings Aktienanalyse

What does Tabcorp Holdings do?

Tabcorp Holdings Ltd is an Australian company specializing in gambling and betting. It was founded in 1994 and is now one of the largest gambling companies in Australia. Tabcorp's headquarters are located in Melbourne. The company's business model includes a variety of gambling and betting services, including casinos, racing and sports betting platforms, Keno, and lottery games. Tabcorp is not a typical gambling company as it also heavily invests in Australian horse racing. Tabcorp operates three of the six race tracks in Australia. The history of Tabcorp began in 1994 when the Australian state of Victoria privatized the lottery business. Tabcorp was awarded the exclusive right to operate the business. At that time, the company was based in Victoria, but it quickly expanded and soon became a solid national business. In the early 2000s, Tabcorp introduced racecourse and sports betting in Australia by acquiring Tattsbet betting in Queensland, New South Wales, and Victoria. Tabcorp also wanted to further develop in the lottery industry and acquired the Australian lottery company NSW Lotteries in 2004. Tabcorp has also been operating the Stella Lottos game in Victoria since 2012. Today, Tabcorp's various divisions include racing, sports, and lottery betting, as well as horse racing and sports betting. Tabcorp also offers online gaming and mobile gaming applications. In its racecourses, the company provides a wide range of food and entertainment services to offer visitors a comprehensive experience. Tabcorp is also very committed to responsible gambling. The company offers a variety of control mechanisms on its platforms to prevent gambling addiction, including self-exclusion and betting limits. Tabcorp is also a significant supporter of horse racing and Australian sports in general. In 2018, the company sponsored 1,200 horse races and was one of the main sponsors of the Australian Football League (AFL). In summary, Tabcorp is an Australian company specializing in gambling and betting. The company operates casinos, sports betting platforms, racecourses, as well as lottery and Keno games, and is heavily involved in horse racing and other sports. Tabcorp is also actively committed to responsible gambling. Tabcorp Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Tabcorp Holdings's Equity

Tabcorp Holdings's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Tabcorp Holdings's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Tabcorp Holdings's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Tabcorp Holdings's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Tabcorp Holdings’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Tabcorp Holdings stock

What is the equity of Tabcorp Holdings this year?

Tabcorp Holdings has equity of 1.25 B AUD this year.

What was the equity of Tabcorp Holdings compared to the previous year?

The equity of Tabcorp Holdings has increased/decreased by -54.01% decreased compared to the previous year.

What impact does a high equity have on investors of Tabcorp Holdings?

A high equity is advantageous for investors of Tabcorp Holdings as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Tabcorp Holdings?

A low equity can be a risk for investors of Tabcorp Holdings, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Tabcorp Holdings affect the company?

An increase in equity of Tabcorp Holdings can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Tabcorp Holdings affect the company?

A reduction in equity of Tabcorp Holdings can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Tabcorp Holdings?

Some factors that can affect the equity of Tabcorp Holdings include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Tabcorp Holdings so important for investors?

The equity of Tabcorp Holdings is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Tabcorp Holdings take to change the equity?

To change equity, Tabcorp Holdings can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Tabcorp Holdings pay?

Over the past 12 months, Tabcorp Holdings paid a dividend of 0.02 AUD . This corresponds to a dividend yield of about 3.06 %. For the coming 12 months, Tabcorp Holdings is expected to pay a dividend of 0.03 AUD.

What is the dividend yield of Tabcorp Holdings?

The current dividend yield of Tabcorp Holdings is 3.06 %.

When does Tabcorp Holdings pay dividends?

Tabcorp Holdings pays a quarterly dividend. This is distributed in the months of March, September, March, October.

How secure is the dividend of Tabcorp Holdings?

Tabcorp Holdings paid dividends every year for the past 26 years.

What is the dividend of Tabcorp Holdings?

For the upcoming 12 months, dividends amounting to 0.03 AUD are expected. This corresponds to a dividend yield of 5.07 %.

In which sector is Tabcorp Holdings located?

Tabcorp Holdings is assigned to the 'Cyclical consumption' sector.

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

To receive the latest dividend of Tabcorp Holdings from 9/20/2024 amounting to 0.003 AUD, you needed to have the stock in your portfolio before the ex-date on 9/2/2024.

When did Tabcorp Holdings pay the last dividend?

The last dividend was paid out on 9/20/2024.

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

In the year 2023, Tabcorp Holdings distributed 0.033 AUD as dividends.

In which currency does Tabcorp Holdings pay out the dividend?

The dividends of Tabcorp Holdings are distributed in AUD.