What is the Return on Assets (ROA) of Bittium Oyj this year?
The Return on Assets (ROA) of Bittium Oyj is -0.03 undefined this year.
Bittium Oyj ROA 2024
Bittium Oyj ROA
-0.03
Ticker
BITTI.HE
ISIN
FI0009007264
WKN
916295
In 2024, Bittium Oyj's return on assets (ROA) was -0.03, a -2,409.99% increase from the 0 ROA in the previous year.
Bittium Oyj Aktienanalyse
What does Bittium Oyj do?
Bittium Oyj is a Finnish company that was founded in 1985 as an electronic company. Formerly known as Bitwise Oy, the company has specialized in the development of wireless technologies that can be used in various industries over the years. Bittium has expanded its business model in recent years and today focuses on various areas, including wireless technologies, health technology, and defense technology. In the field of wireless technologies, the company offers a wide range of products and solutions, including mobile communications, data transmission, and location technology. Bittium's health technology division offers innovative solutions to improve patient monitoring and care. Bittium's defense technology division focuses on the development of radio devices and other communication technologies used by armed forces worldwide. One of Bittium's most well-known products is the Bittium Tough Mobile, a high-end smartphone specifically designed for government agencies, defense facilities, and other organizations that require higher data security. The device has high protection against loss, theft, and malware. Another notable product from Bittium is the Bittium Faros, a portable ECG monitor used for monitoring heart rhythm disorders and other heart conditions. The device has wireless data transmission capabilities and can easily be integrated into existing systems. The wireless technology business is driving Bittium's growth. The company has a strong position in the mobile communications market and offers a wide range of wireless solutions and products. Bittium also has a strong presence in the health technology industry, focusing on the development of wearable devices and wireless monitoring solutions. The company's defense technology division allows it to offer highly specialized technology products in this field as well. Overall, Bittium Oyj has experienced impressive growth over the past few decades. The company has evolved from an electronic company to a global provider of wireless technologies that can be used in various industries. Bittium has a strong reputation in the industry and is a key player in the development of new innovative technologies. Bittium Oyj ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Bittium Oyj's Return on Assets (ROA)
Bittium Oyj'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 Bittium Oyj'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 Bittium Oyj'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 Bittium Oyj’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 Bittium Oyj stock
What was the ROA of Bittium Oyj compared to the previous year?
The ROA of Bittium Oyj has increased by -2,409.99% compared to the previous year.
What consequences do high ROA have for investors of Bittium Oyj?
A high ROA is advantageous for investors of Bittium Oyj, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Bittium Oyj?
A low ROA can be unfavorable for investors of Bittium Oyj 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 Bittium Oyj affect the company?
An increase in ROA of Bittium Oyj can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Bittium Oyj impact the company?
A reduction in the ROA of Bittium Oyj can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Bittium Oyj?
Some factors that can influence the ROA of Bittium Oyj include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Bittium Oyj important for investors?
The ROA of Bittium Oyj 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 Bittium Oyj take to improve ROA?
To improve ROA, Bittium Oyj 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 Bittium Oyj pay?
Over the past 12 months, Bittium Oyj paid a dividend of 0.05 EUR . This corresponds to a dividend yield of about 0.76 %. For the coming 12 months, Bittium Oyj is expected to pay a dividend of 0.05 EUR.
What is the dividend yield of Bittium Oyj?
The current dividend yield of Bittium Oyj is 0.76 %.
When does Bittium Oyj pay dividends?
Bittium Oyj pays a quarterly dividend. This is distributed in the months of May, May, May, May.
How secure is the dividend of Bittium Oyj?
Bittium Oyj paid dividends every year for the past 7 years.
What is the dividend of Bittium Oyj?
For the upcoming 12 months, dividends amounting to 0.05 EUR are expected. This corresponds to a dividend yield of 0.75 %.
In which sector is Bittium Oyj located?
Bittium Oyj is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Bittium Oyj kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Bittium Oyj from 4/19/2024 amounting to 0.03 EUR, you needed to have the stock in your portfolio before the ex-date on 4/11/2024.
When did Bittium Oyj pay the last dividend?
The last dividend was paid out on 4/19/2024.
What was the dividend of Bittium Oyj in the year 2023?
In the year 2023, Bittium Oyj distributed 0.04 EUR as dividends.
In which currency does Bittium Oyj pay out the dividend?
The dividends of Bittium Oyj are distributed in EUR.
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Andere Kennzahlen von Bittium Oyj
Our stock analysis for Bittium Oyj 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 Bittium Oyj Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
