Codan Limited

ASX CDA.AX

Codan Limited Return on Equity (ROE) for the year ending June 30, 2024: 18.19%

Codan Limited Return on Equity (ROE) is 18.19% for the year ending June 30, 2024, a 9.17% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Codan Limited Return on Equity (ROE) for the year ending June 30, 2023 was 16.66%, a -39.08% change year over year.
Codan Limited Return on Equity (ROE) for the year ending June 30, 2022 was 27.35%, a -8.05% change year over year.
Codan Limited Return on Equity (ROE) for the year ending June 30, 2021 was 29.75%, a 15.32% change year over year.
Codan Limited Return on Equity (ROE) for the year ending June 30, 2020 was 25.80%, a 19.39% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

ASX: CDA.AX

Codan Limited

CEO	Mr. Alfonso Ianniello
IPO Date	Nov. 26, 2003
Location	Australia
Headquarters	Technology Park
Employees	450
Sector	Materials
Industries Mining Metals Telecommunications & Networking

Description

Codan Limited develops technology solutions for United Nations organizations, mining companies, security and military groups, government departments, individuals, and small-scale miners. It operates through Communications and Metal Detection segments. The Communications segment designs, develops, manufactures, and markets communication equipment that consists of MIMO MESH; DTC radio solutions for the wireless transmission of video and other data applications; and Zetron communications solutions. The Metal Detection segment designs, develops, manufactures, and markets metal detection equipment, such as handheld metal detecting technologies for recreational, gold mining, demining, and military markets. The company sells its products through a network of dealers, distributors, and agents in Australia, Canada, Denmark, the United Kingdom, the United States, Brazil, India, Ireland, Mexico, Singapore, the United Arab Emirates, and internationally. Codan Limited was incorporated in 1959 and is headquartered in Mawson Lakes, Australia.

Key trends

Past 5 years