What is the Return on Assets (ROA) of CTS this year?
The Return on Assets (ROA) of CTS is 0.08 undefined this year.
CTS ROA 2024
CTS ROA
0.08
Ticker
CTS
ISIN
US1265011056
WKN
850843
In 2024, CTS's return on assets (ROA) was 0.08, a 2.61% increase from the 0.08 ROA in the previous year.
CTS Aktienanalyse
What does CTS do?
CTS Corp is a publicly-traded company based in Lisle, Illinois, USA, that offers electronics products and services to businesses worldwide. The company was founded in 1896 and has since become a leading provider of components, sensors, and systems for various industries. CTS Corp has a wide portfolio of products, including electromechanical components, frequency control components, sensors, filters, switches, and capacitors. The business model of CTS Corp revolves around manufacturing products and services necessary to make its customers' systems functional. The company has a large number of customers in various industries such as automotive, healthcare, industrial, and aerospace. CTS Corp produces a broad range of components and systems needed in diverse areas, allowing for high diversification and reduced market risk. CTS Corp has various divisions worldwide, including automotive, medical, defense and aerospace, industrial, and communications. In the automotive division, the company produces components and systems for cars, such as sensors, actuators, and electronic control units. In the medical division, the company supplies products like electrode sets needed for long-term patient monitoring. In the defense and aerospace division, the company manufactures electronic components and systems for the defense and aviation industries. The industrial division offers products like smart grid components and LED lighting. In the communications division, CTS Corp produces products like high-speed connectors and antennas. Some of CTS Corp's well-known products include ceramic resonators and filters used in mobile phones, computers, and communication systems. Additionally, the company produces components and systems for controlling motors and drives used in the automotive and aviation industries. Another important product of CTS Corp is the ultra-miniaturized quartz oscillator, which has high precision and stability and is used in many electronic devices. In 2019, CTS Corp had revenue of $498.9 million. The company employed 3,500 people worldwide and had production facilities in North America, Europe, and Asia. CTS Corp aims to be innovative and constantly develop new products and services that meet its customers' needs. The company invests continuously in research and development and collaborates closely with customers and other companies to develop new technologies and products. Overall, CTS Corp is a reputable company with an impressive history and is now a significant player in the global electronics market. The company has an extensive product portfolio and offers services in various industries. CTS Corp strives to improve existing technologies and consistently develop innovative solutions to fulfill its customers' needs. Please provide specific type of answer, as there are multiple questions asked. CTS ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding CTS's Return on Assets (ROA)
CTS'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 CTS'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 CTS'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 CTS’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 CTS stock
What was the ROA of CTS compared to the previous year?
The ROA of CTS has increased by 2.61% compared to the previous year.
What consequences do high ROA have for investors of CTS?
A high ROA is advantageous for investors of CTS, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in CTS?
A low ROA can be unfavorable for investors of CTS 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 CTS affect the company?
An increase in ROA of CTS can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of CTS impact the company?
A reduction in the ROA of CTS can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of CTS?
Some factors that can influence the ROA of CTS include revenue, operating costs, asset structure, and industry average.
Why is the ROA of CTS important for investors?
The ROA of CTS 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 CTS take to improve ROA?
To improve ROA, CTS 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 CTS pay?
Over the past 12 months, CTS paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 0.29 %. For the coming 12 months, CTS is expected to pay a dividend of 0.18 USD.
What is the dividend yield of CTS?
The current dividend yield of CTS is 0.29 %.
When does CTS pay dividends?
CTS pays a quarterly dividend. This is distributed in the months of October, January, April, July.
How secure is the dividend of CTS?
CTS paid dividends every year for the past 22 years.
What is the dividend of CTS?
For the upcoming 12 months, dividends amounting to 0.18 USD are expected. This corresponds to a dividend yield of 0.32 %.
In which sector is CTS located?
CTS is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von CTS kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CTS from 7/26/2024 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.
When did CTS pay the last dividend?
The last dividend was paid out on 7/26/2024.
What was the dividend of CTS in the year 2023?
In the year 2023, CTS distributed 0.16 USD as dividends.
In which currency does CTS pay out the dividend?
The dividends of CTS are distributed in USD.
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Andere Kennzahlen von CTS
Our stock analysis for CTS 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 CTS Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
