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Coda Octopus Group Stock

Coda Octopus Group ROA 2024

Coda Octopus Group ROA

0.06

Ticker

CODA

ISIN

US19188U2069

WKN

A2DJYV

In 2024, Coda Octopus Group's return on assets (ROA) was 0.06, a -34.23% increase from the 0.09 ROA in the previous year.

Coda Octopus Group Aktienanalyse

What does Coda Octopus Group do?

The Coda Octopus Group Inc was founded in 1994 and is based in Florida. The company develops and distributes high-quality technologies for measuring, displaying, and analyzing underwater environments. The focus is on providing customers from the marine, offshore, and surveying industries with a complete solution for their needs. Coda Octopus Group's business model is based on a combination of hardware and software solutions. The company offers a wide range of products, including sonar systems, scanners, drilling systems, mapping machines, and rugged underwater computers. In addition, Coda Octopus Group also offers services for system integration and consulting. Coda Octopus Group is divided into four main divisions: Marine Technology, Underwater Inspection, Geotechnics, and Sports. Each business area has a specific range of products and services. In the Marine Technology division, Coda Octopus Group offers a wide range of sonar systems. These products are used to measure, map, and visualize underwater environments. The range extends from high-resolution sonar systems to simple portable underwater probes. The sonar systems are used in the oil and gas industry, shipbuilding, salvage, and science. The Underwater Inspection division offers systems and services for inspecting underwater environments. This includes the inspection of structures, pipelines, and other infrastructures. Inspections of boats and ships are also part of the offering. This is particularly important with regard to compliance with safety regulations and standards. The Geotechnics division specializes in the measurement and analysis of geological structures. Special scanners and drilling systems are used to obtain soil samples. These soil samples are then analyzed to obtain important information on soil conditions and geological structures. The Sports division offers products and services primarily designed for underwater sports activities. This includes diving equipment, buoys, and GPS systems. Coda Octopus Group has a growing and loyal customer base. The company has established itself as a reliable provider of underwater technology in recent years. It also has an active research and development department that continuously works on innovative technologies. Overall, Coda Octopus Group offers a wide and diverse range of products and services tailored to the needs of the marine, offshore, and surveying industries. From surveying underwater environments to inspecting structures and boats - the company is a key provider of underwater technology in the industry. Coda Octopus Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Coda Octopus Group's Return on Assets (ROA)

Coda Octopus Group'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 Coda Octopus Group'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 Coda Octopus Group'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 Coda Octopus Group’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 Coda Octopus Group stock

What is the Return on Assets (ROA) of Coda Octopus Group this year?

The Return on Assets (ROA) of Coda Octopus Group is 0.06 undefined this year.

What was the ROA of Coda Octopus Group compared to the previous year?

The ROA of Coda Octopus Group has increased by -34.23% compared to the previous year.

What consequences do high ROA have for investors of Coda Octopus Group?

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

What are the consequences of low ROA for investors in Coda Octopus Group?

A low ROA can be unfavorable for investors of Coda Octopus Group 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 Coda Octopus Group affect the company?

An increase in ROA of Coda Octopus Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Coda Octopus Group impact the company?

A reduction in the ROA of Coda Octopus Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Coda Octopus Group?

Some factors that can influence the ROA of Coda Octopus Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Coda Octopus Group important for investors?

The ROA of Coda Octopus Group 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 Coda Octopus Group take to improve ROA?

To improve ROA, Coda Octopus Group 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 Coda Octopus Group pay?

Over the past 12 months, Coda Octopus Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Coda Octopus Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Coda Octopus Group?

The current dividend yield of Coda Octopus Group is .

When does Coda Octopus Group pay dividends?

Coda Octopus Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Coda Octopus Group?

Coda Octopus Group paid dividends every year for the past 0 years.

What is the dividend of Coda Octopus Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Coda Octopus Group located?

Coda Octopus Group is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Coda Octopus Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Coda Octopus Group from 9/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/28/2024.

When did Coda Octopus Group pay the last dividend?

The last dividend was paid out on 9/28/2024.

What was the dividend of Coda Octopus Group in the year 2023?

In the year 2023, Coda Octopus Group distributed 0 USD as dividends.

In which currency does Coda Octopus Group pay out the dividend?

The dividends of Coda Octopus Group are distributed in USD.

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Andere Kennzahlen von Coda Octopus Group

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