Ascent Industries Stock

Ascent Industries ROA 2024

Ascent Industries ROA

-0.16

Ticker

ACNT

ISIN

US8715651076

WKN

859904

In 2024, Ascent Industries's return on assets (ROA) was -0.16, a -298.49% increase from the 0.08 ROA in the previous year.

Ascent Industries Aktienanalyse

What does Ascent Industries do?

Synalloy Corp is a diversified company founded in the USA over 70 years ago. It specializes in the manufacturing and distribution of special alloys, stainless steel pipes and pipelines, chemicals, and industrial products. Synalloy's history dates back to 1945 when it was established to produce stainless steel pipes for shipbuilding during World War II. Over the following decades, the company grew through continuous expansion and acquisitions, becoming a leading provider of stainless and corrosion-resistant alloys. Synalloy's business model focuses on offering a wide range of tailored products and services to meet customer needs. The company encompasses multiple specialized business divisions. One of Synalloy's business divisions is Metals, which specializes in manufacturing and distributing stainless steel, aluminum, copper, brass, and other specialty alloys. Metals' products are used in various industries such as chemicals, oil and gas, and automotive. Another important business division of Synalloy is Specialty Chemicals, which specializes in manufacturing and distributing industrial chemicals. These products find applications in sectors like water treatment, paper production, food industry, and agriculture. In addition to these two divisions, Synalloy also operates the Fabrication division, specializing in the manufacturing of pipes, pipelines, tanks, and other industrial components. These products are utilized across industries such as chemicals, food, and pharmaceuticals. Building close relationships with customers by offering customized solutions and continuously enhancing products and services is a crucial part of Synalloy's business model. Another key success factor is the company's ability to quickly adapt to changing market needs. Synalloy's products are known for their high quality and reliability. For example, stainless steel and aluminum alloys are produced to the highest standards to meet specific customer requirements. Moreover, all of Synalloy's products undergo rigorous quality controls to ensure they meet the highest standards. Overall, Synalloy is a leading provider of specialized alloys, pipes, chemicals, and industrial products in the USA. The company has earned recognition through its extensive experience, diverse product portfolio, and close collaboration with customers from various industries. With a strong focus on innovation, quality, and customer satisfaction, Synalloy will continue to play a significant role in the industry. Ascent Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ascent Industries's Return on Assets (ROA)

Ascent Industries'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 Ascent Industries'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 Ascent Industries'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 Ascent Industries’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 Ascent Industries stock

What is the Return on Assets (ROA) of Ascent Industries this year?

The Return on Assets (ROA) of Ascent Industries is -0.16 undefined this year.

What was the ROA of Ascent Industries compared to the previous year?

The ROA of Ascent Industries has increased by -298.49% compared to the previous year.

What consequences do high ROA have for investors of Ascent Industries?

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

What are the consequences of low ROA for investors in Ascent Industries?

A low ROA can be unfavorable for investors of Ascent Industries 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 Ascent Industries affect the company?

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

How does a reduction in ROA of Ascent Industries impact the company?

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

What are some factors that can influence the ROA of Ascent Industries?

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

Why is the ROA of Ascent Industries important for investors?

The ROA of Ascent Industries 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 Ascent Industries take to improve ROA?

To improve ROA, Ascent Industries 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 Ascent Industries pay?

Over the past 12 months, Ascent Industries paid a dividend of 0.25 USD . This corresponds to a dividend yield of about 2.27 %. For the coming 12 months, Ascent Industries is expected to pay a dividend of 0.4 USD.

What is the dividend yield of Ascent Industries?

The current dividend yield of Ascent Industries is 2.27 %.

When does Ascent Industries pay dividends?

Ascent Industries pays a quarterly dividend. This is distributed in the months of December, December, November, December.

How secure is the dividend of Ascent Industries?

Ascent Industries paid dividends every year for the past 1 years.

What is the dividend of Ascent Industries?

For the upcoming 12 months, dividends amounting to 0.4 USD are expected. This corresponds to a dividend yield of 3.61 %.

In which sector is Ascent Industries located?

Ascent Industries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Ascent Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ascent Industries from 12/12/2018 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 11/29/2018.

When did Ascent Industries pay the last dividend?

The last dividend was paid out on 12/12/2018.

What was the dividend of Ascent Industries in the year 2023?

In the year 2023, Ascent Industries distributed 0 USD as dividends.

In which currency does Ascent Industries pay out the dividend?

The dividends of Ascent Industries are distributed in USD.

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Andere Kennzahlen von Ascent Industries

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