What is the equity of 22nd Century Group this year?
22nd Century Group has equity of -8.41 M USD this year.
22nd Century Group Equity 2024
22nd Century Group Equity
-8.41 M USD
22nd Century Group Dividend yield
Ticker
XXII
ISIN
US90137F1030
WKN
A1W2NQ
In 2024, 22nd Century Group's equity was -8.41 M USD, a -108.76% increase from the 96 M USD equity 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.Equity Details
Analyzing 22nd Century Group's Equity
22nd Century Group'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 22nd Century Group's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating 22nd Century Group'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
22nd Century Group'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 22nd Century Group’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 22nd Century Group Stock
What was the equity of 22nd Century Group compared to the previous year?
The equity of 22nd Century Group has increased/decreased by -108.76% decreased compared to the previous year.
What impact does a high equity have on investors of 22nd Century Group?
A high equity is advantageous for investors of 22nd Century Group 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 22nd Century Group?
A low equity can be a risk for investors of 22nd Century Group, 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 22nd Century Group affect the company?
An increase in equity of 22nd Century Group 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 22nd Century Group affect the company?
A reduction in equity of 22nd Century Group 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 22nd Century Group?
Some factors that can affect the equity of 22nd Century Group include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of 22nd Century Group so important for investors?
The equity of 22nd Century Group 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 22nd Century Group take to change the equity?
To change equity, 22nd Century Group 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 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 5/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/13/2024.
When did 22nd Century Group pay the last dividend?
The last dividend was paid out on 5/13/2024.
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.
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 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.
- 22nd Century Group Revenue
- 22nd Century Group Net Income
- 22nd Century Group P/E
- 22nd Century Group P/S
- 22nd Century Group EBIT
- 22nd Century Group Dividend
- 22nd Century Group Stocks
- 22nd Century Group Market capitalization
- 22nd Century Group Debt
- 22nd Century Group Liabilities
- 22nd Century Group Equity
- 22nd Century Group AAQS
- 22nd Century Group Employees
- 22nd Century Group ROE
- 22nd Century Group ROA
- 22nd Century Group ROCE
