Torrent Power Stock

Torrent Power ROA 2024

Torrent Power ROA

0.05

Ticker

TORNTPOWER.NS

ISIN

INE813H01021

In 2024, Torrent Power's return on assets (ROA) was 0.05, a 202.58% increase from the 0.02 ROA in the previous year.

Torrent Power Aktienanalyse

What does Torrent Power do?

Torrent Power Ltd is a company operating in the energy sector. The company was founded in 1996 and is headquartered in Ahmedabad, India. History: Torrent Power Ltd started as a developer of wind farms and eventually expanded into other renewable energies such as solar power and biogas. In the following years, the company expanded its offering of energy services and acquired several power supply companies in different parts of India. Business model: Torrent Power Ltd's business model is to generate, transmit, and distribute energy. The company has acquired multiple power supply companies in India to strengthen its position in the Indian electricity market. The company has also invested in renewable energies such as solar power and biogas to enable sustainable energy supply. Divisions: Torrent Power Ltd operates in various business divisions. The company operates in the following areas: Power generation: Torrent Power Ltd is a major power generator in India. The company operates several power plants in different parts of India. The company's power plants utilize various fuels such as coal, gas, and renewable energies to generate electricity. Transmission: Torrent Power Ltd is also involved in power transmission. The company operates several transmission lines to transport electricity from its power plants to consumers. Distribution: The company is also involved in electricity distribution and operates several distribution networks in different parts of India. The company supplies electricity to households, businesses, and public institutions. Products: The company offers a variety of products and services. Torrent Power Ltd's products and services include: Power supply: The company supplies electricity to households, businesses, and public institutions. The company offers various tariffs to meet the needs of consumers. Fuel supply: Torrent Power Ltd also supplies fuels such as gas to households, businesses, and public institutions. Energy efficiency: The company also provides energy efficiency solutions to improve the energy efficiency of its customers. The company offers consulting services and helps its customers install energy-efficient devices. Conclusion: Torrent Power Ltd is a major player in the Indian electricity market. The company operates in multiple business divisions and offers a variety of products and services. The company has invested in renewable energies and is working towards enabling sustainable energy supply. Torrent Power ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Torrent Power's Return on Assets (ROA)

Torrent Power'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 Torrent Power'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 Torrent Power'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 Torrent Power’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 Torrent Power stock

What is the Return on Assets (ROA) of Torrent Power this year?

The Return on Assets (ROA) of Torrent Power is 0.05 undefined this year.

What was the ROA of Torrent Power compared to the previous year?

The ROA of Torrent Power has increased by 202.58% compared to the previous year.

What consequences do high ROA have for investors of Torrent Power?

A high ROA is advantageous for investors of Torrent Power, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Torrent Power?

A low ROA can be unfavorable for investors of Torrent Power 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 Torrent Power affect the company?

An increase in ROA of Torrent Power can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Torrent Power impact the company?

A reduction in the ROA of Torrent Power can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Torrent Power?

Some factors that can influence the ROA of Torrent Power include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Torrent Power important for investors?

The ROA of Torrent Power 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 Torrent Power take to improve ROA?

To improve ROA, Torrent Power 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 Torrent Power pay?

Over the past 12 months, Torrent Power paid a dividend of 16 INR . This corresponds to a dividend yield of about 0.85 %. For the coming 12 months, Torrent Power is expected to pay a dividend of 16.19 INR.

What is the dividend yield of Torrent Power?

The current dividend yield of Torrent Power is 0.85 %.

When does Torrent Power pay dividends?

Torrent Power pays a quarterly dividend. This is distributed in the months of March, July, March, July.

How secure is the dividend of Torrent Power?

Torrent Power paid dividends every year for the past 20 years.

What is the dividend of Torrent Power?

For the upcoming 12 months, dividends amounting to 16.19 INR are expected. This corresponds to a dividend yield of 0.86 %.

In which sector is Torrent Power located?

Torrent Power is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Torrent Power kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Torrent Power from 8/28/2024 amounting to 4 INR, you needed to have the stock in your portfolio before the ex-date on 6/14/2024.

When did Torrent Power pay the last dividend?

The last dividend was paid out on 8/28/2024.

What was the dividend of Torrent Power in the year 2023?

In the year 2023, Torrent Power distributed 17 INR as dividends.

In which currency does Torrent Power pay out the dividend?

The dividends of Torrent Power are distributed in INR.

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Andere Kennzahlen von Torrent Power

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