AirBoss of America - Stock

AirBoss of America ROA 2024

AirBoss of America ROA

-0.12

Ticker

BOS.TO

ISIN

CA00927V2003

WKN

887227

In 2024, AirBoss of America's return on assets (ROA) was -0.12, a 61.78% increase from the -0.07 ROA in the previous year.

AirBoss of America Aktienanalyse

What does AirBoss of America do?

AirBoss of America Corp is a Canadian company headquartered in Newmarket, Ontario. The company is engaged in the production of rubber and plastic products for a variety of industries in North America and Europe, including aerospace, defense, healthcare, automotive, oil and gas, mining, and construction. Founded in 1989 by Robert Hagerman and his wife Nancy, AirBoss initially started as a distributor for various plastic manufacturers but quickly decided to develop their own products. Over the years, the company expanded its facilities and acquired other businesses to expand its product range. One of AirBoss' main businesses is the manufacture of rubber compounds and polymers for various applications. These can be used for tires, hoses, or seals. The company also has the expertise to produce silicone-based rubber, which is useful for medical devices and materials. Another important business area is the production of protective clothing for various industries. AirBoss manufactures protective equipment for emergency personnel, such as gas masks or protective clothing for chemical and biological substances. The company is structured into three main divisions: AirBoss Rubber Solutions, AirBoss Defense, and AirBoss Engineered Products. The first category is responsible for the production of rubber products, such as tires and hoses. AirBoss Defense includes protective clothing for military, government, and other security forces. AirBoss Engineered Products produces a wide range of specialty projects, such as rubber and silicone seals, fuel tanks for the aerospace industry, and components for oil and gas applications. One of AirBoss Defense's most well-known products is the CBRN suit, a special protective suit for soldiers and other emergency personnel in chemical, biological, radiological, or nuclear threats. The CBRN suit ensures that users are protected from radiation or toxins. The company also manufactures gas masks for use. AirBoss Engineered Products offers a wide range of products, such as strips for use in door frames, vibration dampers for automotive applications, industrial rubber seals for aircraft doors, hoods, trunk lids, flaps, and much more. The company is one of the leading companies in plastic processing and has customers around the world. In 2019, AirBoss announced that they had acquired Tech Products Inc. to expand their offering of vibration protection products. Tech Products is known for their rubber mat for rail vehicles. Through the acquisition, AirBoss was able to expand its solutions for the rail industry and increase its customer base. AirBoss has also played pivotal roles in recent history. Afterwards, AirBoss developed protective clothing for Ebola to protect government and other organization's employees tasked with fighting the disease in West Africa. AirBoss of America Corp has become a significant player in the production of rubber products for various markets. The company is constantly striving to expand its expertise and product range to serve an ever-growing number of customers. AirBoss of America ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding AirBoss of America's Return on Assets (ROA)

AirBoss of America'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 AirBoss of America'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 AirBoss of America'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 AirBoss of America’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 AirBoss of America Stock

What is the Return on Assets (ROA) of AirBoss of America this year?

The Return on Assets (ROA) of AirBoss of America is -0.12 undefined this year.

What was the ROA of AirBoss of America compared to the previous year?

The ROA of AirBoss of America has increased by 61.78% compared to the previous year.

What consequences do high ROA have for investors of AirBoss of America?

A high ROA is advantageous for investors of AirBoss of America, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in AirBoss of America?

A low ROA can be unfavorable for investors of AirBoss of America 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 AirBoss of America affect the company?

An increase in ROA of AirBoss of America can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of AirBoss of America impact the company?

A reduction in the ROA of AirBoss of America can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of AirBoss of America?

Some factors that can influence the ROA of AirBoss of America include revenue, operating costs, asset structure, and industry average.

Why is the ROA of AirBoss of America important for investors?

The ROA of AirBoss of America 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 AirBoss of America take to improve ROA?

To improve ROA, AirBoss of America 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 AirBoss of America pay?

Over the past 12 months, AirBoss of America paid a dividend of 0.47 USD . This corresponds to a dividend yield of about 11.5 %. For the coming 12 months, AirBoss of America is expected to pay a dividend of 0.42 USD.

What is the dividend yield of AirBoss of America?

The current dividend yield of AirBoss of America is 11.5 %.

When does AirBoss of America pay dividends?

AirBoss of America pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of AirBoss of America?

AirBoss of America paid dividends every year for the past 20 years.

What is the dividend of AirBoss of America?

For the upcoming 12 months, dividends amounting to 0.42 USD are expected. This corresponds to a dividend yield of 10.16 %.

In which sector is AirBoss of America located?

AirBoss of America is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von AirBoss of America kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of AirBoss of America from 7/15/2024 amounting to 0.035 USD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did AirBoss of America pay the last dividend?

The last dividend was paid out on 7/15/2024.

What was the dividend of AirBoss of America in the year 2023?

In the year 2023, AirBoss of America distributed 0.5 USD as dividends.

In which currency does AirBoss of America pay out the dividend?

The dividends of AirBoss of America are distributed in USD.

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Andere Kennzahlen von AirBoss of America

Our stock analysis for AirBoss of America 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 AirBoss of America Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.