What is the Return on Assets (ROA) of Thorn Group this year?
The Return on Assets (ROA) of Thorn Group is 0.01 undefined this year.
Thorn Group ROA 2024
Thorn Group ROA
0.01
Ticker
TGA.AX
ISIN
AU000000TGA0
In 2024, Thorn Group's return on assets (ROA) was 0.01, a -91.86% increase from the 0.18 ROA in the previous year.
Thorn Group Aktienanalyse
What does Thorn Group do?
Thorn Group Ltd is an Australian company that was founded in 1937. Since then, it has become one of the leading providers of financial and rental services in Australia. The company's origins lie in the sale of small appliances such as radios and televisions, sold to customers on installment plans. Over time, Thorn also expanded into other areas such as furniture and appliance rentals. Today, Thorn Rentals and its associated brand name Radio Rentals are just part of Thorn's wide range of services. The company also operates Thorn Finance, Thorn Trade and Asset Finance, and National Credit Management Ltd. Thorn's business model primarily involves offering financial and rental services to customers in Australia and New Zealand. These services range from financing consumer goods to renting furniture and household appliances. In its rental business, Thorn offers a wide range of furniture and appliances that customers can rent on a long-term basis. This rental business allows customers to use or own products that they otherwise could not afford. In the field of financial services, Thorn offers various credit options. For example, customers can purchase electronic devices on installment plans or apply for a loan to finance a car. In addition, the company also offers trade finance and leasing services that allow customers to conduct their businesses in a legally secure manner. One important division of Thorn is the Asset Finance sector. Here, the company provides tailored commercial leasing solutions to meet its customers' needs. This division specifically targets small to medium-sized businesses and the agriculture sector. Thorn is headquartered in Sydney, Australia, and has been listed on the Australian stock exchange since 2006. The company employs approximately 1,000 people and operates more than 70 branches in Australia and New Zealand. The products offered by Thorn include household appliances such as refrigerators, washing machines, and dryers, as well as entertainment electronics such as televisions, hi-fi systems, and computers. In addition, Thorn also offers furniture, including beds, sofas, and dining room furniture. In the automotive sector, Thorn offers a wide range of financing solutions, including car loans and leasing options. Additionally, the company also provides warranties and insurance policies that offer customers a high level of protection. Overall, Thorn Group Ltd has established itself as one of the leading companies in Australia and New Zealand in the finance and rental sectors. With a wide range of services and a strong focus on meeting the needs of its customers, the company will remain an important player in the Australian market in the future. Thorn Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Thorn Group's Return on Assets (ROA)
Thorn 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 Thorn 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 Thorn 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 Thorn 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 Thorn Group Stock
What was the ROA of Thorn Group compared to the previous year?
The ROA of Thorn Group has increased by -91.86% compared to the previous year.
What consequences do high ROA have for investors of Thorn Group?
A high ROA is advantageous for investors of Thorn 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 Thorn Group?
A low ROA can be unfavorable for investors of Thorn 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 Thorn Group affect the company?
An increase in ROA of Thorn Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Thorn Group impact the company?
A reduction in the ROA of Thorn Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Thorn Group?
Some factors that can influence the ROA of Thorn Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Thorn Group important for investors?
The ROA of Thorn 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 Thorn Group take to improve ROA?
To improve ROA, Thorn 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 Thorn Group pay?
Over the past 12 months, Thorn Group paid a dividend of 2.13 AUD . This corresponds to a dividend yield of about 182.46 %. For the coming 12 months, Thorn Group is expected to pay a dividend of 2.13 AUD.
What is the dividend yield of Thorn Group?
The current dividend yield of Thorn Group is 182.46 %.
When does Thorn Group pay dividends?
Thorn Group pays a quarterly dividend. This is distributed in the months of August, September, November, October.
How secure is the dividend of Thorn Group?
Thorn Group paid dividends every year for the past 4 years.
What is the dividend of Thorn Group?
For the upcoming 12 months, dividends amounting to 2.13 AUD are expected. This corresponds to a dividend yield of 182.46 %.
In which sector is Thorn Group located?
Thorn Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Thorn Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Thorn Group from 9/13/2023 amounting to 0.531 AUD, you needed to have the stock in your portfolio before the ex-date on 9/5/2023.
When did Thorn Group pay the last dividend?
The last dividend was paid out on 9/13/2023.
What was the dividend of Thorn Group in the year 2023?
In the year 2023, Thorn Group distributed 2.771 AUD as dividends.
In which currency does Thorn Group pay out the dividend?
The dividends of Thorn Group are distributed in AUD.
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Andere Kennzahlen von Thorn Group
Our stock analysis for Thorn 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 Thorn Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.