What is the Return on Assets (ROA) of goeasy this year?
The Return on Assets (ROA) of goeasy is 0.06 undefined this year.
goeasy ROA 2024
goeasy ROA
0.06
goeasy Dividend yield
1.99 %
Ticker
GSY.TO
ISIN
CA3803551074
WKN
A140JD
In 2024, goeasy's return on assets (ROA) was 0.06, a 40.29% increase from the 0.04 ROA 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.ROA Details
Understanding goeasy's Return on Assets (ROA)
goeasy'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 goeasy'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 goeasy'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 goeasy’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 goeasy Stock
What was the ROA of goeasy compared to the previous year?
The ROA of goeasy has increased by 40.29% compared to the previous year.
What consequences do high ROA have for investors of goeasy?
A high ROA is advantageous for investors of goeasy, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in goeasy?
A low ROA can be unfavorable for investors of goeasy 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 goeasy affect the company?
An increase in ROA of goeasy can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of goeasy impact the company?
A reduction in the ROA of goeasy can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of goeasy?
Some factors that can influence the ROA of goeasy include revenue, operating costs, asset structure, and industry average.
Why is the ROA of goeasy important for investors?
The ROA of goeasy 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 goeasy take to improve ROA?
To improve ROA, goeasy 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 goeasy pay?
Over the past 12 months, goeasy paid a dividend of 3.84 CAD . This corresponds to a dividend yield of about 1.99 %. 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 1.99 %.
When does goeasy pay dividends?
goeasy pays a quarterly dividend. This is distributed in the months of October, January, April, July.
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 2.2 %.
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 7/12/2024 amounting to 1.17 CAD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.
When did goeasy pay the last dividend?
The last dividend was paid out on 7/12/2024.
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.
