What is the Return on Assets (ROA) of 908 Devices this year?
The Return on Assets (ROA) of 908 Devices is -0.18 undefined this year.
908 Devices ROA 2024
908 Devices ROA
-0.18
Ticker
MASS
ISIN
US65443P1021
WKN
A2QK1S
In 2024, 908 Devices's return on assets (ROA) was -0.18, a 29.63% increase from the -0.14 ROA in the previous year.
908 Devices Aktienanalyse
What does 908 Devices do?
The company 908 Devices was founded in Boston in 2012 and specializes in the development and manufacturing of innovative analysis devices. The idea behind the company was to develop portable devices that would allow users to perform quick and accurate analyses on-site. 908 Devices' business model is based on the development and marketing of devices for the chemistry, pharmaceutical, and biotech industries, as well as for applications in the security and defense sectors. The company has several product lines tailored to different applications, including portable devices for mobile use. One of the most important branches of 908 Devices is mass spectrometry, a method used in many areas of analytics, such as forensics, environmental analysis, and food control. 908 Devices has developed a technology that allows for compact and portable mass spectrometry, which was not previously possible. Another important area of 908 Devices is chromatography, a method used for separating substances. Here too, the company has developed a technology that allows for the offering of chromatography in portable devices. 908 Devices also offers devices for molecular spectroscopy, including Raman spectroscopy, which allows for the identification and characterization of molecules. Raman spectroscopy is used in many applications, such as pharmaceutical research and material analysis. Among the products offered by 908 Devices are the M908 and MX908 devices, specifically designed for use in the security and defense industry. These devices allow for the real-time detection of a variety of hazardous substances, such as explosives, drugs, or dangerous chemicals. Another product of 908 Devices is the ZipChip device, used in biotech research. The ZipChip allows for the analysis of proteins in a very short time, which is of great importance in pharmaceutical research. The company has received several awards in recent years, including the R&D 100 Award and the Innovation Award of Analytica, one of the world's most important trade fairs for analytics and laboratory technology. Overall, 908 Devices has achieved an impressive success story and aims to revolutionize the way analyses are conducted. With its innovative products and technologies, the company has found a niche in the market and has experienced strong growth. 908 Devices ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding 908 Devices's Return on Assets (ROA)
908 Devices'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 908 Devices'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 908 Devices'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 908 Devices’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 908 Devices stock
What was the ROA of 908 Devices compared to the previous year?
The ROA of 908 Devices has increased by 29.63% compared to the previous year.
What consequences do high ROA have for investors of 908 Devices?
A high ROA is advantageous for investors of 908 Devices, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in 908 Devices?
A low ROA can be unfavorable for investors of 908 Devices 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 908 Devices affect the company?
An increase in ROA of 908 Devices can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of 908 Devices impact the company?
A reduction in the ROA of 908 Devices can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of 908 Devices?
Some factors that can influence the ROA of 908 Devices include revenue, operating costs, asset structure, and industry average.
Why is the ROA of 908 Devices important for investors?
The ROA of 908 Devices 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 908 Devices take to improve ROA?
To improve ROA, 908 Devices 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 908 Devices pay?
Over the past 12 months, 908 Devices paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, 908 Devices is expected to pay a dividend of 0 USD.
What is the dividend yield of 908 Devices?
The current dividend yield of 908 Devices is .
When does 908 Devices pay dividends?
908 Devices pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of 908 Devices?
908 Devices paid dividends every year for the past 0 years.
What is the dividend of 908 Devices?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is 908 Devices located?
908 Devices is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von 908 Devices kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of 908 Devices from 11/26/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/26/2024.
When did 908 Devices pay the last dividend?
The last dividend was paid out on 11/26/2024.
What was the dividend of 908 Devices in the year 2023?
In the year 2023, 908 Devices distributed 0 USD as dividends.
In which currency does 908 Devices pay out the dividend?
The dividends of 908 Devices are distributed in USD.
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Andere Kennzahlen von 908 Devices
Our stock analysis for 908 Devices 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 908 Devices Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.