goeasy Stock

goeasy Equity 2024

goeasy Equity

1.05 B CAD

Ticker

GSY.TO

ISIN

CA3803551074

WKN

A140JD

In 2024, goeasy's equity was 1.05 B CAD, a 21.2% increase from the 869.69 M CAD equity 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.

Equity Details

Analyzing goeasy's Equity

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

Year-to-Year Comparison

Evaluating goeasy'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

goeasy'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 goeasy’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 goeasy stock

What is the equity of goeasy this year?

goeasy has equity of 1.05 B CAD this year.

What was the equity of goeasy compared to the previous year?

The equity of goeasy has increased/decreased by 21.2% increased compared to the previous year.

What impact does a high equity have on investors of goeasy?

A high equity is advantageous for investors of goeasy 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 goeasy?

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

An increase in equity of goeasy 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 goeasy affect the company?

A reduction in equity of goeasy 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 goeasy?

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

Why is the equity of goeasy so important for investors?

The equity of goeasy 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 goeasy take to change the equity?

To change equity, goeasy 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 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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.