What is the Return on Assets (ROA) of Western Energy Services this year?
The Return on Assets (ROA) of Western Energy Services is -0.02 undefined this year.
Western Energy Services ROA 2024
Western Energy Services ROA
-0.02
Ticker
WRG.TO
ISIN
CA9581593030
WKN
A1JB7N
In 2024, Western Energy Services's return on assets (ROA) was -0.02, a -126.69% increase from the 0.06 ROA in the previous year.
Western Energy Services Aktienanalyse
What does Western Energy Services do?
Western Energy Services Corp was founded in 1972 and is headquartered in Calgary, Canada. The company specializes in providing oilfield services for the oil and gas industry and offers a wide range of services. Its business model is based on collaborating with independent oil and gas companies, major oil corporations, and service companies. The company aims to offer customized solutions to its customers to improve productivity and reduce costs. It has various business divisions including drilling and production services, a workshop for machine repair and maintenance, and a digital solutions department for the oil and gas industry. The company provides drilling services for shale, natural gas, and oil fields, as well as manufacturing services for oil and gas pipelines and welding connections. Its workshop offers repair and maintenance services for machines used in the oil and gas industry, and its digital solutions department enables real-time data collection and analysis to enhance decision-making. Overall, Western Energy Services Corp is an experienced company specializing in high-quality oilfield services and aims to provide tailored solutions to its customers. With a dedicated team of engineers, technicians, and professionals, the company is committed to delivering excellent services and keeping up with the ever-changing and growing oil and gas industry. Western Energy Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Western Energy Services's Return on Assets (ROA)
Western Energy Services'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 Western Energy Services'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 Western Energy Services'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 Western Energy Services’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 Western Energy Services stock
What was the ROA of Western Energy Services compared to the previous year?
The ROA of Western Energy Services has increased by -126.69% compared to the previous year.
What consequences do high ROA have for investors of Western Energy Services?
A high ROA is advantageous for investors of Western Energy Services, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Western Energy Services?
A low ROA can be unfavorable for investors of Western Energy Services 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 Western Energy Services affect the company?
An increase in ROA of Western Energy Services can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Western Energy Services impact the company?
A reduction in the ROA of Western Energy Services can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Western Energy Services?
Some factors that can influence the ROA of Western Energy Services include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Western Energy Services important for investors?
The ROA of Western Energy Services 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 Western Energy Services take to improve ROA?
To improve ROA, Western Energy Services 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 Western Energy Services pay?
Over the past 12 months, Western Energy Services paid a dividend of 0.27 CAD . This corresponds to a dividend yield of about 9.82 %. For the coming 12 months, Western Energy Services is expected to pay a dividend of 0 CAD.
What is the dividend yield of Western Energy Services?
The current dividend yield of Western Energy Services is 9.82 %.
When does Western Energy Services pay dividends?
Western Energy Services pays a quarterly dividend. This is distributed in the months of April, July, October, January.
How secure is the dividend of Western Energy Services?
Western Energy Services paid dividends every year for the past 0 years.
What is the dividend of Western Energy Services?
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Western Energy Services located?
Western Energy Services is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Western Energy Services kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Western Energy Services from 1/14/2016 amounting to 0.05 CAD, you needed to have the stock in your portfolio before the ex-date on 12/29/2015.
When did Western Energy Services pay the last dividend?
The last dividend was paid out on 1/14/2016.
What was the dividend of Western Energy Services in the year 2023?
In the year 2023, Western Energy Services distributed 0 CAD as dividends.
In which currency does Western Energy Services pay out the dividend?
The dividends of Western Energy Services are distributed in CAD.
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Andere Kennzahlen von Western Energy Services
Our stock analysis for Western Energy Services 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 Western Energy Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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