Eastern Company ROA 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.

ROA Details

Understanding Eastern Company's Return on Assets (ROA)

Eastern Company'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 Eastern Company'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 Eastern Company'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 Eastern Company’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 Eastern Company Stock

What is the Return on Assets (ROA) of Eastern Company this year?

The Return on Assets (ROA) of Eastern Company is 0.03 undefined this year.

What was the ROA of Eastern Company compared to the previous year?

The ROA of Eastern Company has increased by -27.58% compared to the previous year.

What consequences do high ROA have for investors of Eastern Company?

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

What are the consequences of low ROA for investors in Eastern Company?

A low ROA can be unfavorable for investors of Eastern Company 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 Eastern Company affect the company?

An increase in ROA of Eastern Company can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Eastern Company impact the company?

A reduction in the ROA of Eastern Company can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Eastern Company?

Some factors that can influence the ROA of Eastern Company include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Eastern Company important for investors?

The ROA of Eastern Company 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 Eastern Company take to improve ROA?

To improve ROA, Eastern Company 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 Eastern Company pay?

Over the past 12 months, Eastern Company paid a dividend of . This corresponds to a dividend yield of about . 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 .

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.