Hexagon Composites A Stock

Hexagon Composites A ROA 2024

Hexagon Composites A ROA

0.19

Ticker

HEX.OL

ISIN

NO0003067902

WKN

904953

In 2024, Hexagon Composites A's return on assets (ROA) was 0.19, a -576.17% increase from the -0.04 ROA in the previous year.

Hexagon Composites A Aktienanalyse

What does Hexagon Composites A do?

Hexagon Composites ASA is a leading company in the manufacturing of composite materials, offering a wide range of products to its customers. The company was founded in 1986 as "Hexagon Products" and relocated to Norway in 1994, where it was renamed Hexagon Composites ASA in 2001. Hexagon Composites ASA's business model is based on developing innovative solutions for the transportation and energy sectors, utilizing composite materials and advanced technologies. The company aims to create a sustainable future by providing efficient and environmentally friendly solutions that reduce CO2 emissions and optimize energy consumption. The various divisions of Hexagon Composites ASA include transportation, energy, and specialty applications. In the transportation sector, the company offers solutions for various applications such as vehicle tanks, ship tanks, and pressure vessels for trains. These products are made from lightweight composite materials, which help reduce fuel consumption and CO2 emissions. The tanks have a long lifespan and are safe and reliable. In the energy sector, Hexagon Composites ASA provides solutions for the gas storage of renewable energies such as biogas or hydrogen. These products are made from high-performance composite materials and are characterized by high storage capacity, durable materials, and low maintenance costs. The company works closely with its customers to develop customized solutions that meet their individual requirements. In the specialty applications division, the company offers solutions for various applications such as medical devices, aviation, and industry. These products are made from lightweight and durable composite materials and are known for their high strength, resistance, and reliability. Hexagon Composites ASA offers a wide range of products, including vehicle tanks, ship tanks, train passenger tanks, biogas tanks, hydrogen tanks, pressure vessels, and medical devices. The company has state-of-the-art manufacturing facilities and technologies that enable it to produce high-quality and customized products that meet the highest quality and safety standards. With its headquarters in Norway, Hexagon Composites ASA operates globally. With offices in Europe, North America, and Asia, it serves customers worldwide. The company has become a leading company in the composite materials market and is committed to offering innovative solutions that contribute to creating a sustainable future. With a strong focus on research and development and close collaboration with customers and partners, the company is well-positioned for future success. Hexagon Composites A ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Hexagon Composites A's Return on Assets (ROA)

Hexagon Composites A'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 Hexagon Composites A'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 Hexagon Composites A'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 Hexagon Composites A’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 Hexagon Composites A stock

What is the Return on Assets (ROA) of Hexagon Composites A this year?

The Return on Assets (ROA) of Hexagon Composites A is 0.19 undefined this year.

What was the ROA of Hexagon Composites A compared to the previous year?

The ROA of Hexagon Composites A has increased by -576.17% compared to the previous year.

What consequences do high ROA have for investors of Hexagon Composites A?

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

What are the consequences of low ROA for investors in Hexagon Composites A?

A low ROA can be unfavorable for investors of Hexagon Composites A 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 Hexagon Composites A affect the company?

An increase in ROA of Hexagon Composites A can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Hexagon Composites A impact the company?

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

What are some factors that can influence the ROA of Hexagon Composites A?

Some factors that can influence the ROA of Hexagon Composites A include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Hexagon Composites A important for investors?

The ROA of Hexagon Composites A 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 Hexagon Composites A take to improve ROA?

To improve ROA, Hexagon Composites A 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 Hexagon Composites A pay?

Over the past 12 months, Hexagon Composites A paid a dividend of 0.3 NOK . This corresponds to a dividend yield of about 0.76 %. For the coming 12 months, Hexagon Composites A is expected to pay a dividend of 0 NOK.

What is the dividend yield of Hexagon Composites A?

The current dividend yield of Hexagon Composites A is 0.76 %.

When does Hexagon Composites A pay dividends?

Hexagon Composites A pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Hexagon Composites A?

Hexagon Composites A paid dividends every year for the past 3 years.

What is the dividend of Hexagon Composites A?

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

In which sector is Hexagon Composites A located?

Hexagon Composites A is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hexagon Composites A kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hexagon Composites A from 4/30/2018 amounting to 0.3 NOK, you needed to have the stock in your portfolio before the ex-date on 4/20/2018.

When did Hexagon Composites A pay the last dividend?

The last dividend was paid out on 4/30/2018.

What was the dividend of Hexagon Composites A in the year 2023?

In the year 2023, Hexagon Composites A distributed 0 NOK as dividends.

In which currency does Hexagon Composites A pay out the dividend?

The dividends of Hexagon Composites A are distributed in NOK.

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Andere Kennzahlen von Hexagon Composites A

Our stock analysis for Hexagon Composites A 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 Hexagon Composites A Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.