What is the debt of goeasy this year?
goeasy has a debt level of 2,745.9 CAD this year.
goeasy Debt 2024
goeasy Debt
2,745.9 CAD
Ticker
GSY.TO
ISIN
CA3803551074
WKN
A140JD
In 2024, goeasy's total debt was 2,745.9 CAD, a 26.06% change from the 2,178.28 CAD total debt recorded in the previous year.
goeasy Aktienanalyse
What does goeasy do?
GoEasy Ltd is a Canadian company that has been in existence since 1990 and is headquartered in Mississauga, Ontario. The company is divided into several business divisions and offers a variety of financial services and products. In 2001, the company opened its first branch and began offering a wider range of financial services. Today, GoEasy Ltd is known as a trusted and innovative company, providing its customers with easy and convenient financial solutions. The services offered by GoEasy Ltd include unsecured loans, installment loans, long-term loans, and other loan options. These services are ideal for individuals with low income or poor credit, as GoEasy Ltd is known to accept loan applications from people who have been rejected by traditional banks. GoEasy Ltd also has a large network of branches in Canada. The branches offer personal financial products, including mortgages, loans, bank accounts, insurance, and more. Another business division of GoEasy Ltd is Easyhome, which is known in Canada as a leading retailer of furniture, appliances, electronics, and other household goods. Easyhome operates over 160 retail stores across Canada and offers products for purchase or rent. This makes it an affordable option for people with low income who cannot or do not want to buy furnishings. In addition to Easyhome, GoEasy Ltd also operates the e-commerce shop Easyfinancial. Here, customers throughout Canada can apply for loans online and pay outstanding bills. The online shop is easy to use and provides a fast, simple, and reliable way to obtain financial products. Another important business area of GoEasy Ltd is collaborating with merchants and auto dealers to provide loans aimed at vehicle financing. GoAuto Finance makes it easier for buyers to purchase a vehicle by offering various financing options. GoEasy Ltd operates in many business areas - from financial products and online shops to major retailers and auto dealers. The company has become a key player in the Canadian financial market over the past few decades, offering its customers a wide range of products and services. Overall, GoEasy Ltd's business model is focused on providing simple and affordable financial products that are accessible to a large target audience. The company has become a key player in the Canadian financial market over the past few decades and is expected to continue growing in the future. goeasy ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding goeasy's Debt Structure
goeasy's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing goeasy's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to goeasy’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in goeasy’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about goeasy stock
What was the debt of goeasy compared to the previous year?
The debt of goeasy has increased by 26.06% compared to the previous year increased.
What are the consequences of high debt for investors in goeasy?
High debt can pose a risk for investors of goeasy, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of goeasy?
Low debt means that goeasy has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from goeasy affect the company?
An increase in debt of goeasy can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of goeasy affect the company?
A reduction in debt of goeasy can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of goeasy?
Some factors that can influence the debt of goeasy include investments, acquisitions, operating costs, and revenue development.
Why are the debts of goeasy so important for investors?
The debts of goeasy are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can goeasy take to change the debt?
To change the debt, goeasy can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does goeasy pay?
Over the past 12 months, goeasy paid a dividend of 3.84 CAD . This corresponds to a dividend yield of about 2.18 %. For the coming 12 months, goeasy is expected to pay a dividend of 4.25 CAD.
What is the dividend yield of goeasy?
The current dividend yield of goeasy is 2.18 %.
When does goeasy pay dividends?
goeasy pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of goeasy?
goeasy paid dividends every year for the past 23 years.
What is the dividend of goeasy?
For the upcoming 12 months, dividends amounting to 4.25 CAD are expected. This corresponds to a dividend yield of 2.42 %.
In which sector is goeasy located?
goeasy is assigned to the 'Finance' sector.
Wann musste ich die Aktien von goeasy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of goeasy from 10/11/2024 amounting to 1.17 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.
When did goeasy pay the last dividend?
The last dividend was paid out on 10/11/2024.
What was the dividend of goeasy in the year 2023?
In the year 2023, goeasy distributed 3.64 CAD as dividends.
In which currency does goeasy pay out the dividend?
The dividends of goeasy are distributed in CAD.
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Andere Kennzahlen von goeasy
Our stock analysis for goeasy 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 goeasy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
