What is the ROCE (Return on Capital Employed) of Tingo Group this year?
The ROCE of Tingo Group is -0 undefined this year.
Tingo Group ROCE 2024
Tingo Group ROCE
-0
Ticker
TIOG
ISIN
US55328R1095
WKN
A2JQ1Y
In 2024, Tingo Group's return on capital employed (ROCE) was -0, a -99.37% increase from the -0.26 ROCE 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.ROCE Details
Unraveling Tingo Group's Return on Capital Employed (ROCE)
Tingo Group's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Tingo Group's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Tingo Group's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Tingo Group’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Tingo Group stock
How has the ROCE (Return on Capital Employed) of Tingo Group developed compared to the previous year?
The ROCE of Tingo Group has increased by -99.37% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Tingo Group?
A high Return on Capital Employed (ROCE) indicates that Tingo Group has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Tingo Group?
A low ROCE (Return on Capital Employed) can indicate that Tingo Group has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Tingo Group impact the company?
An increase in the ROCE of Tingo Group can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Tingo Group affect the company?
A decrease in ROCE of Tingo Group can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Tingo Group?
Some factors that can affect Tingo Group's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Tingo Group so important for investors?
The ROCE of Tingo Group is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Tingo Group take to improve the ROCE?
To improve the ROCE, Tingo Group can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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 9/30/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.
When did Tingo Group pay the last dividend?
The last dividend was paid out on 9/30/2024.
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.