Tingo Group Stock

Tingo Group Equity 2024

Tingo Group Equity

1.32 B USD

Ticker

TIOG

ISIN

US55328R1095

WKN

A2JQ1Y

In 2024, Tingo Group's equity was 1.32 B USD, a 818.6% increase from the 144.1 M USD equity in the previous year.

Tingo Group Aktienanalyse

What does Tingo Group do?

MICT Inc is a company specializing in the development and sale of value-added technologies. It was founded in 2002 in Israel and has since relocated its headquarters to Kolkata, India. The company focuses on enabling multimillion-dollar transactions in global trade finance and collecting and analyzing data from various sources. The company specializes in several sectors, including online solutions, mobile solutions, and e-commerce solutions. Its goal is to offer high-quality solutions that relieve customers in their business environment and bring real added value. The solutions are designed to increase the efficiency of the business process and save costs and time. MICT Inc's business model focuses on selling value-added technologies and software solutions. The company offers its customers a wide range of products and services, including trade finance, ERP systems, e-commerce platforms, and mobile applications. By leveraging the latest technologies and innovative business models, MICT Inc aims to optimize the business processes of its customers and help them achieve their business goals. MICT Inc's products include social and mobile games, financial and corporate applications, as well as trade and health applications. The company has also specialized in developing solutions for mobile payments and the mobile banking and finance industry. The company's most well-known products include the mobile payment service "Mobicash" and the e-commerce platform "Holy Panda". MICT Inc is divided into several divisions. One of these is the Capital Markets Solutions segment. Here, the company offers its customers various solutions in the field of trade finance and capital markets. The products include a range of financial services, such as trade finance, financial systems, and trading platforms. MICT Inc's trade finance solution aims to simplify business processes and automate time-consuming and laborious financing processes. Another pillar of the company is the data-based contextualization segment. Here, the company aims to collect data from various sources and contextualize it to generate knowledge and help customers make better decisions. The company uses modern technologies such as data analytics, machine learning, and artificial intelligence for this purpose. MICT Inc also has a presence in the cybersecurity industry. Through its subsidiary ParagonEX, the company has developed a comprehensive portfolio of security solutions that ensure the security of sensitive data and information. The company offers its customers various security solutions on all major platforms, including desktop systems, mobile devices, and cloud solutions. Overall, MICT Inc is a trusted and innovative partner in the technology industry, focusing on providing solutions that secure the long-term success of its customers' businesses. Through close collaboration with customers worldwide, the company has established itself as an expert in trade finance, e-commerce solutions, and mobile payment services, and is on the path to a successful future. Tingo Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Tingo Group's Equity

Tingo Group'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 Tingo Group's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Tingo Group'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

Tingo Group'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 Tingo Group’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 Tingo Group stock

What is the equity of Tingo Group this year?

Tingo Group has equity of 1.32 B USD this year.

What was the equity of Tingo Group compared to the previous year?

The equity of Tingo Group has increased/decreased by 818.6% increased compared to the previous year.

What impact does a high equity have on investors of Tingo Group?

A high equity is advantageous for investors of Tingo Group 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 Tingo Group?

A low equity can be a risk for investors of Tingo Group, 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 Tingo Group affect the company?

An increase in equity of Tingo Group 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 Tingo Group affect the company?

A reduction in equity of Tingo Group 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 Tingo Group?

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

Why is the equity of Tingo Group so important for investors?

The equity of Tingo Group 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 Tingo Group take to change the equity?

To change equity, Tingo Group 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 Tingo Group pay?

Over the past 12 months, Tingo Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Tingo Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Tingo Group?

The current dividend yield of Tingo Group is .

When does Tingo Group pay dividends?

Tingo Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Tingo Group?

Tingo Group paid dividends every year for the past 0 years.

What is the dividend of Tingo Group?

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

In which sector is Tingo Group located?

Tingo Group is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Tingo Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tingo Group from 10/2/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/2/2024.

When did Tingo Group pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Tingo Group in the year 2023?

In the year 2023, Tingo Group distributed 0 USD as dividends.

In which currency does Tingo Group pay out the dividend?

The dividends of Tingo Group are distributed in USD.

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Andere Kennzahlen von Tingo Group

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