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Hammond Power Solutions Stock

Hammond Power Solutions ROA 2024

Hammond Power Solutions ROA

0.16

Ticker

HPS.A.TO

ISIN

CA4085491039

WKN

A0LF51

In 2024, Hammond Power Solutions's return on assets (ROA) was 0.16, a 4.83% increase from the 0.15 ROA in the previous year.

Hammond Power Solutions Aktienanalyse

What does Hammond Power Solutions do?

Hammond Power Solutions Inc is a company that offers a wide range of electrical engineering products and services. The company was founded in 1917 and is headquartered in Guelph, Ontario, Canada. The company specializes in the development and manufacturing of electrical transformers, chokes, filters, motors, and power supplies. These products are used in a variety of industries, such as power generation and distribution, automotive, aviation, transportation, and industrial automation. Hammond Power Solutions Inc has a long history in the electrical engineering industry. Over the past 100 years, the company has built a reputation for quality and innovation. The company has received multiple awards and has obtained numerous patents for its products. Hammond Power Solutions operates four business divisions: Transformers, Chokes, Filters & Protection, and Power Supplies. Each division offers a variety of products tailored to specific industry requirements. The Transformer Division of Hammond Power Solutions produces a wide range of transformer products serving both the industrial and power supply industries. The product range includes oil-immersed transformers, VPI transformers, and traction transformers, among others. The Choke Division of Hammond Power Solutions manufactures electrical chokes used in various applications such as compressed air systems, UPS systems, and industrial automation systems. These products are designed for highest quality to ensure reliability and performance. The Filters & Protection Division of the company produces filter systems and surge protection devices used in areas such as telecommunications and industrial equipment. The products are developed to improve the stability and productivity of the devices they are used in. The Power Supply Division of Hammond Power Solutions manufactures custom AC/DC, DC/DC, switching, linear technology, and custom power supplies. These products are used in a variety of applications such as aviation, rail transportation, telecommunications, and medical equipment. In addition to producing high-quality electrical engineering products, Hammond Power Solutions also offers a wide range of services. The company has an experienced team of technicians and engineers who assist customers in product development, testing, and evaluation. Hammond Power Solutions products are characterized by innovative technologies and highest quality. The company places great emphasis on research and development to ensure that its products meet the latest technological standards. The company also works closely with customers to ensure that its products meet their requirements. Overall, Hammond Power Solutions Inc is a leading company in the electrical engineering industry. With a wide product range, an experienced team of engineers and technicians, and a reputation for quality and innovation, the company has a long and successful history. Hammond Power Solutions ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Hammond Power Solutions's Return on Assets (ROA)

Hammond Power Solutions'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 Hammond Power Solutions'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 Hammond Power Solutions'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 Hammond Power Solutions’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 Hammond Power Solutions stock

What is the Return on Assets (ROA) of Hammond Power Solutions this year?

The Return on Assets (ROA) of Hammond Power Solutions is 0.16 undefined this year.

What was the ROA of Hammond Power Solutions compared to the previous year?

The ROA of Hammond Power Solutions has increased by 4.83% compared to the previous year.

What consequences do high ROA have for investors of Hammond Power Solutions?

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

What are the consequences of low ROA for investors in Hammond Power Solutions?

A low ROA can be unfavorable for investors of Hammond Power Solutions 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 Hammond Power Solutions affect the company?

An increase in ROA of Hammond Power Solutions can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Hammond Power Solutions impact the company?

A reduction in the ROA of Hammond Power Solutions can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Hammond Power Solutions?

Some factors that can influence the ROA of Hammond Power Solutions include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Hammond Power Solutions important for investors?

The ROA of Hammond Power Solutions 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 Hammond Power Solutions take to improve ROA?

To improve ROA, Hammond Power Solutions 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 Hammond Power Solutions pay?

Over the past 12 months, Hammond Power Solutions paid a dividend of 0.55 CAD . This corresponds to a dividend yield of about 0.39 %. For the coming 12 months, Hammond Power Solutions is expected to pay a dividend of 0.67 CAD.

What is the dividend yield of Hammond Power Solutions?

The current dividend yield of Hammond Power Solutions is 0.39 %.

When does Hammond Power Solutions pay dividends?

Hammond Power Solutions pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Hammond Power Solutions?

Hammond Power Solutions paid dividends every year for the past 18 years.

What is the dividend of Hammond Power Solutions?

For the upcoming 12 months, dividends amounting to 0.67 CAD are expected. This corresponds to a dividend yield of 0.47 %.

In which sector is Hammond Power Solutions located?

Hammond Power Solutions is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hammond Power Solutions kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hammond Power Solutions from 9/27/2024 amounting to 0.275 CAD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.

When did Hammond Power Solutions pay the last dividend?

The last dividend was paid out on 9/27/2024.

What was the dividend of Hammond Power Solutions in the year 2023?

In the year 2023, Hammond Power Solutions distributed 0.385 CAD as dividends.

In which currency does Hammond Power Solutions pay out the dividend?

The dividends of Hammond Power Solutions are distributed in CAD.

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Andere Kennzahlen von Hammond Power Solutions

Our stock analysis for Hammond Power Solutions 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 Hammond Power Solutions Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.