Forum Energy Technologies Stock

Forum Energy Technologies ROA 2024

Forum Energy Technologies ROA

-0.02

Ticker

FET

ISIN

US34984V2097

WKN

A2QJA0

In 2024, Forum Energy Technologies's return on assets (ROA) was -0.02, a -618.7% increase from the 0 ROA in the previous year.

Forum Energy Technologies Aktienanalyse

What does Forum Energy Technologies do?

Forum Energy Technologies Inc is a globally operating company specialized in the development and manufacturing of technological solutions for the energy and industrial sectors. The company's history dates back to 2005 when it was originally founded under the name Forum Oilfield Technologies. Since then, Forum Energy Technologies has continuously evolved and is now a leading provider of solutions for various application areas. The business model of Forum Energy Technologies focuses on delivering innovative technology and comprehensive services to enable customers to increase efficiency in their operations and reduce risks and costs. With a broad product portfolio, the company covers various areas that affect the oil and gas industry as well as the industry in general. Accordingly, the offerings of Forum Energy Technologies Inc are divided into four main areas of focus: drilling and production, subsea systems, compression and processing, and automation and digitization. In the drilling and production area, Forum Energy Technologies offers an extensive range of equipment for drilling and pumping technology. This includes, for example, valves for the drilling head, pumps and hulls for drilling rigs, as well as fans for gas production. These technical solutions enable high productivity and profitability for customers. Subsea systems encompass all products for use in the seabed. This includes solutions for deep-sea phases as well as shallow-water environments. The product range includes detailed equipment for underwater vehicles, underwater remote sensing and navigation, as well as underwater work systems. Compression and processing products are used for the transportation and processing of oil and gas. Forum Energy Technologies specializes in the development of gas compression systems and separate processing and cleaning of oil and gas. The high quality of the products leads to improved efficiency and ensures high operational safety for customers. Finally, Forum Energy Technologies offers solutions in automation and digitization. The company provides products to simplify protocols and dashboard systems to optimize workflow. Process automation and monitoring of production processes are also ensured at Forum Energy Technologies through state-of-the-art technology. Forum Energy Technologies is headquartered in Houston, Texas, USA, and operates worldwide with around 3,000 employees in 14 countries. The company operates production and manufacturing facilities in several regions of the world. In addition, Forum Energy Technologies Inc has entered the market as an acquisitive company and has already acquired several small and medium-sized companies in the past. Overall, Forum Energy Technologies Inc has established itself as a company that provides innovative technologies and solutions for the energy and industrial sectors. With its wide range of products and services, the company has successfully positioned itself in the industry and continuously expanded its global presence and influence. Forum Energy Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Forum Energy Technologies's Return on Assets (ROA)

Forum Energy Technologies'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 Forum Energy Technologies'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 Forum Energy Technologies'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 Forum Energy Technologies’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 Forum Energy Technologies stock

What is the Return on Assets (ROA) of Forum Energy Technologies this year?

The Return on Assets (ROA) of Forum Energy Technologies is -0.02 undefined this year.

What was the ROA of Forum Energy Technologies compared to the previous year?

The ROA of Forum Energy Technologies has increased by -618.7% compared to the previous year.

What consequences do high ROA have for investors of Forum Energy Technologies?

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

What are the consequences of low ROA for investors in Forum Energy Technologies?

A low ROA can be unfavorable for investors of Forum Energy Technologies 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 Forum Energy Technologies affect the company?

An increase in ROA of Forum Energy Technologies can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Forum Energy Technologies impact the company?

A reduction in the ROA of Forum Energy Technologies can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Forum Energy Technologies?

Some factors that can influence the ROA of Forum Energy Technologies include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Forum Energy Technologies important for investors?

The ROA of Forum Energy Technologies 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 Forum Energy Technologies take to improve ROA?

To improve ROA, Forum Energy Technologies 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 Forum Energy Technologies pay?

Over the past 12 months, Forum Energy Technologies paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Forum Energy Technologies is expected to pay a dividend of 0 USD.

What is the dividend yield of Forum Energy Technologies?

The current dividend yield of Forum Energy Technologies is .

When does Forum Energy Technologies pay dividends?

Forum Energy Technologies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Forum Energy Technologies?

Forum Energy Technologies paid dividends every year for the past 0 years.

What is the dividend of Forum Energy Technologies?

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

In which sector is Forum Energy Technologies located?

Forum Energy Technologies is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Forum Energy Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Forum Energy Technologies from 9/18/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/18/2024.

When did Forum Energy Technologies pay the last dividend?

The last dividend was paid out on 9/18/2024.

What was the dividend of Forum Energy Technologies in the year 2023?

In the year 2023, Forum Energy Technologies distributed 0 USD as dividends.

In which currency does Forum Energy Technologies pay out the dividend?

The dividends of Forum Energy Technologies are distributed in USD.

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Andere Kennzahlen von Forum Energy Technologies

Our stock analysis for Forum Energy Technologies 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 Forum Energy Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.