| ASG Stock | | | 1.93 0.07 3.50% |
Insider
Aaron Murray is Chief Officer of Autosports Group
| Address | 555 Parramatta Road, Leichhardt, NSW, Australia, 2040 |
| Phone | 61 2 8753 2873 |
| Web | https://autosportsgroup.com.au |
Autosports Management Efficiency
The company has return on total asset
(ROA) of
0.0544 % which means that it generated a profit of $0.0544 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1265 %, meaning that it generated $0.1265 on every $100 dollars invested by stockholders. Autosports' management efficiency ratios could be used to measure how well Autosports manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Autosports'
Total Current Liabilities is comparatively stable compared to the past year.
Non Current Liabilities Other is likely to gain to about 5.5
M in 2024, whereas
Liabilities And Stockholders Equity is likely to drop slightly above 1.3
B in 2024.
Autosports Group has accumulated 991.95
M in total debt. Debt can assist Autosports until it has trouble settling it off, either with new capital or with free cash flow. So, Autosports' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Autosports Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Autosports to invest in growth at high rates of return. When we think about Autosports' use of debt, we should always consider it together with cash and equity.
Autosports Group (ASG) is traded on Australian Securities Exchange in Australia and employs 1,800 people. Autosports is listed under Automotive Retail category by Fama And French industry classification.
Management Performance
Autosports Group Leadership Team
Elected by the shareholders, the Autosports' board of directors comprises two types of representatives: Autosports inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Autosports. The board's role is to monitor Autosports' management team and ensure that shareholders' interests are well served. Autosports' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Autosports' outside directors are responsible for providing unbiased perspectives on the board's policies.
Autosports Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Autosports a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Autosports Stock Analysis
When running Autosports' price analysis, check to
measure Autosports' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Autosports is operating at the current time. Most of Autosports' value examination focuses on studying past and present price action to
predict the probability of Autosports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autosports' price. Additionally, you may evaluate how the addition of Autosports to your portfolios can decrease your overall portfolio volatility.