Eastern Company Liabilities 2024

Eastern Company Aktienanalyse

What does Eastern Company do?

Eastern Co is an American company headquartered in Naugatuck, Connecticut. It was founded in 1858 by Seth Atwood as the Atwood Manufacturing Company and its main products were carriages, horse-drawn sleighs, and other horse harnesses. In 1900, the company changed its name to Eastern Manufacturing Company and began producing sliding doors and carriage housings. In the 1920s, Eastern started manufacturing products for the automotive market, particularly steel body parts to reinforce car bodies. In the 1930s, the company further expanded and started manufacturing autonomous curve light systems, as well as reflectors and other safety equipment. During World War II, Eastern was a major supplier of components and parts for the defense industry. After the war, Eastern specialized in various industries such as electrical and telecommunications systems, as well as steel manufacturing and processing. Eastern's current business model is to provide innovative products, services, and solutions to meet customer needs. Eastern has four main divisions: Industrial Hardware, Security Products, Metal Products, and Gears. Eastern takes pride in being recognized worldwide and constantly strives to improve its products and tailor them to customer requirements. The Industrial Hardware division offers several products including hardware, fasteners, locking systems, and die-cast parts. These are used in various industries such as automotive, healthcare, aviation, and construction. The Security Products division includes alarm and security systems, locking systems, door systems, and access controls. It benefits mainly from the growing demand for security solutions and is a key supplier to the construction, trade, and food industries. The Metal Products division is a leading manufacturer of stainless steel products, including screws, nuts, emergency lighting, reflectors, and other lighting solutions. It also provides custom services such as metal cutting and bending. The Gears division manufactures gear products used in various industries such as aerospace, defense, power supply, and automotive. It offers both standardized and custom solutions to meet the different requirements of its customers. Eastern is known for its innovative products and services, which are characterized by high quality, durability, and reliability. The company is committed to always providing the best solutions to its customers and works intensively to improve its work processes, products, and services. The company has a clear vision and mission, which are to create a dynamic by continuously bringing innovative products to the market. Eastern's vision is to be a leader in providing safe, high-quality, and innovative products. The company has extensive experience in manufacturing high-quality products and continues to strive to provide the best solutions to its customers. Eastern Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Eastern Company's Liabilities

Eastern Company's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Eastern Company's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Eastern Company's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Eastern Company's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Eastern Company’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Eastern Company Stock

What is the level of liabilities of Eastern Company this year?

Eastern Company has a debt balance of 119.56 M USD this year.

What were the liabilities of Eastern Company compared to the previous year?

The liabilities of Eastern Company have increased by -11.37% dropped compared to the previous year.

What are the consequences of high debt for investors of Eastern Company?

High liabilities can pose a risk for investors of Eastern Company, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Eastern Company?

Low liabilities mean that Eastern Company has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Eastern Company affect the company?

An increase in liabilities of Eastern Company can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Eastern Company affect the company?

A decrease in the liabilities of Eastern Company can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Eastern Company?

Some factors that can influence the liabilities of Eastern Company include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Eastern Company so important for investors?

The liabilities of Eastern Company are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Eastern Company take to modify the liabilities?

To change its liabilities, Eastern Company can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Eastern Company pay?

Over the past 12 months, Eastern Company paid a dividend of 0.44 USD . This corresponds to a dividend yield of about 1.58 %. For the coming 12 months, Eastern Company is expected to pay a dividend of 0.44 USD.

What is the dividend yield of Eastern Company?

The current dividend yield of Eastern Company is 1.58 %.

When does Eastern Company pay dividends?

Eastern Company pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Eastern Company?

Eastern Company paid dividends every year for the past 20 years.

What is the dividend of Eastern Company?

For the upcoming 12 months, dividends amounting to 0.44 USD are expected. This corresponds to a dividend yield of 1.58 %.

In which sector is Eastern Company located?

Eastern Company is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Eastern Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Eastern Company from 6/17/2024 amounting to 0.11 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Eastern Company pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Eastern Company in the year 2023?

In the year 2023, Eastern Company distributed 0.44 USD as dividends.

In which currency does Eastern Company pay out the dividend?

The dividends of Eastern Company are distributed in USD.