What is the equity of Cummins this year?
Cummins has equity of 8.85 B USD this year.
Cummins Equity 2024
Cummins Equity
8.85 B USD
Cummins Dividend yield
2.38 %
Ticker
CMI
ISIN
US2310211063
WKN
853121
In 2024, Cummins's equity was 8.85 B USD, a -1.39% increase from the 8.98 B USD equity in the previous year.
Cummins Aktienanalyse
What does Cummins do?
Cummins Inc is a leading manufacturer of diesel engines, parts, and accessories, and also produces alternative and renewable energy systems. The company was founded in 1919 by William Glanton Irwin, Clessie Lyle Cummins, and others, with its headquarters in Columbus, Indiana, and now has subsidiaries in over 190 countries worldwide. The company was developed by Clessie Cummins, who was an engineer and racer. He had the idea to develop a more efficient diesel engine than those on the market at the time. Together with William Irwin and other co-founders, they established the Cummins Engine Company and developed engines from the beginning that were more reliable, efficient, and economical than their predecessors. Since its founding, Cummins Inc has developed a wide range of products, including diesel engines for heavy trucks, corporate applications such as power generation units, marine and rail propulsion, and alternative fuel systems. One of Cummins' most well-known products is the Dodge Ram Pickup Truck, equipped with the Cummins 6.7L turbo-diesel engine. Cummins Inc's strategy is to provide customers with comprehensive service, providing all the key attributes they need to be successful. By dividing the company into various segments such as commercial vehicles, power generation systems, as well as smaller engines and parts, it can offer customers a comprehensive range of products and services. The different divisions of the company work closely together to ensure that the customer receives a complete solution they require. In 2019, the company celebrated its 100th anniversary. In its fourth year of operation, Cummins expanded its business in Europe and sold its fully functional diesel engines to the Royal Navy of the United Kingdom. In 1925, the company began production of diesel engines for bus and truck traffic, and in 1952, Cummins developed and produced its first turbocharger system. In recent years, Cummins Inc has also increased its efforts towards sustainability and renewable energy, now offering products and services to support a wide range of applications including wind energy systems, solar systems, biofuels, and hybrid technologies. Overall, Cummins Inc is a leading provider of innovative and high-quality engines, parts, and accessories, offering customers a comprehensive solution that encompasses all aspects of their business. The company has proven throughout its nearly century-long history that it is continually able to meet the ever-changing demands of its customers and contribute to shaping the world and the economy. Cummins ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Cummins's Equity
Cummins's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Cummins's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Cummins's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Cummins's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Cummins’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Cummins Stock
What was the equity of Cummins compared to the previous year?
The equity of Cummins has increased/decreased by -1.39% decreased compared to the previous year.
What impact does a high equity have on investors of Cummins?
A high equity is advantageous for investors of Cummins as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Cummins?
A low equity can be a risk for investors of Cummins, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Cummins affect the company?
An increase in equity of Cummins can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Cummins affect the company?
A reduction in equity of Cummins can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Cummins?
Some factors that can affect the equity of Cummins include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Cummins so important for investors?
The equity of Cummins is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Cummins take to change the equity?
To change equity, Cummins can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Cummins pay?
Over the past 12 months, Cummins paid a dividend of 6.5 USD . This corresponds to a dividend yield of about 2.38 %. For the coming 12 months, Cummins is expected to pay a dividend of 7.43 USD.
What is the dividend yield of Cummins?
The current dividend yield of Cummins is 2.38 %.
When does Cummins pay dividends?
Cummins pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Cummins?
Cummins paid dividends every year for the past 25 years.
What is the dividend of Cummins?
For the upcoming 12 months, dividends amounting to 7.43 USD are expected. This corresponds to a dividend yield of 2.72 %.
In which sector is Cummins located?
Cummins is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Cummins kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Cummins from 6/6/2024 amounting to 1.68 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.
When did Cummins pay the last dividend?
The last dividend was paid out on 6/6/2024.
What was the dividend of Cummins in the year 2023?
In the year 2023, Cummins distributed 6.04 USD as dividends.
In which currency does Cummins pay out the dividend?
The dividends of Cummins are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The Cummins stock can be added to a savings plan with the following providers: Trade Republic
Andere Kennzahlen von Cummins
Our stock analysis for Cummins 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 Cummins Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
