What is the Return on Assets (ROA) of 22nd Century Group this year?
The Return on Assets (ROA) of 22nd Century Group is -5.48 undefined this year.
22nd Century Group ROA 2024
22nd Century Group ROA
-5.48
Ticker
XXII
ISIN
US90137F1030
WKN
A1W2NQ
In 2024, 22nd Century Group's return on assets (ROA) was -5.48, a 950.98% increase from the -0.52 ROA in the previous year.
22nd Century Group Aktienanalyse
What does 22nd Century Group do?
22nd Century Group Inc. is a company based in Clarence, New York, which has been operating in the tobacco industry since 1998. The company aims to provide innovative solutions for the risks associated with tobacco consumption and climate change. The company was founded by Joseph Pandolfino and Michael Moynihan and was originally known as Goodrich Tobacco Company. In 2005, the company changed its name to 22nd Century Group and expanded its business. It initially specialized in the production of tobacco products but soon turned to the development of non-combustible alternative tobacco products. In 2011, two of the company's key products were approved by the US Food and Drug Administration. Since then, 22nd Century Group Inc. has expanded its business and focused on offering solutions for tobacco-related health issues and environmental problems. The business model of 22nd Century Group Inc. is based on the production of tobacco and cannabis plants with specific nicotine, CBD, and THC levels to reduce the specific risks for users. The company actively works to reduce the risks associated with tobacco products. By cultivating genetically modified tobacco and using new technologies, the company has introduced its products to the market. The company has also invested in research and development to develop non-combustible tobacco products, such as cigarettes that do not produce condensate or ash, which is considered an important step in reducing tobacco smoke and the risk of lung diseases. 22nd Century Group Inc. consists of three main business segments: 1. Tobacco: The company produces conventional tobacco products and specializes in alternative tobacco products, sold under the brand names "Moonlight" or "Magic." The company also offers tobacco plants with different nicotine and other levels. 2. CBD products: Due to the increasing demand for CBD products, the company has added products with specific CBD levels to its portfolio. 3. Cannabis products: The company has developed cannabis products with different THC levels and also collaborates with other companies to conduct research in the field of cannabis. 22nd Century Group Inc. produces a variety of tobacco products aimed at reducing risk based on their content and type. In the field of genetic engineering, the company is working to produce tobacco plants with reduced nicotine levels. The company has a licensing agreement with the tobacco industry to sell the tobacco at Planta Tabakverarbeitung in Berlin. The company has also developed products with specific CBD and THC levels. These are marketed under the brand names "HempSmokes" and "Veraloy." HempSmokes are cigarettes with specific CBD levels, while Veraloy is a patented brand for a herbal cigarette designed to significantly reduce the risk of cancer. The company is also working towards promoting the organic cultivation of tobacco and marijuana plants. The company recently introduced the process of patenting organically grown cannabis to the market. In conclusion, 22nd Century Group Inc. is an innovative company focused on developing solutions for the risks associated with tobacco consumption and climate change. Extensive research and development have enabled the company to offer a product portfolio with tobacco, CBD, and THC products that meet the needs of customers. The company is committed to reducing the risks associated with tobacco products and creating a healthier future for all. 22nd Century Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding 22nd Century Group's Return on Assets (ROA)
22nd Century Group'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 22nd Century Group'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 22nd Century Group'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 22nd Century Group’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 22nd Century Group stock
What was the ROA of 22nd Century Group compared to the previous year?
The ROA of 22nd Century Group has increased by 950.98% compared to the previous year.
What consequences do high ROA have for investors of 22nd Century Group?
A high ROA is advantageous for investors of 22nd Century Group, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in 22nd Century Group?
A low ROA can be unfavorable for investors of 22nd Century Group 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 22nd Century Group affect the company?
An increase in ROA of 22nd Century Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of 22nd Century Group impact the company?
A reduction in the ROA of 22nd Century Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of 22nd Century Group?
Some factors that can influence the ROA of 22nd Century Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of 22nd Century Group important for investors?
The ROA of 22nd Century Group 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 22nd Century Group take to improve ROA?
To improve ROA, 22nd Century Group 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 22nd Century Group pay?
Over the past 12 months, 22nd Century Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, 22nd Century Group is expected to pay a dividend of 0 USD.
What is the dividend yield of 22nd Century Group?
The current dividend yield of 22nd Century Group is .
When does 22nd Century Group pay dividends?
22nd Century Group pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of 22nd Century Group?
22nd Century Group paid dividends every year for the past 0 years.
What is the dividend of 22nd Century Group?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is 22nd Century Group located?
22nd Century Group is assigned to the 'Non-cyclical consumption' sector.
Wann musste ich die Aktien von 22nd Century Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of 22nd Century Group from 9/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.
When did 22nd Century Group pay the last dividend?
The last dividend was paid out on 9/29/2024.
What was the dividend of 22nd Century Group in the year 2023?
In the year 2023, 22nd Century Group distributed 0 USD as dividends.
In which currency does 22nd Century Group pay out the dividend?
The dividends of 22nd Century Group are distributed in USD.
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Andere Kennzahlen von 22nd Century Group
Our stock analysis for 22nd Century Group 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 22nd Century Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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