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Iconic Brands - Stock

Iconic Brands ROA 2024

Iconic Brands ROA

-1.85

Ticker

ICNB

ISIN

US45107V3069

WKN

A2PB4F

In 2024, Iconic Brands's return on assets (ROA) was -1.85, a 798.57% increase from the -0.21 ROA in the previous year.

Iconic Brands Aktienanalyse

What does Iconic Brands do?

Iconic Brands Inc. is an US-American company that was founded in 2013. The company is headquartered in Amityville, Long Island, New York. Iconic Brands Inc is a conglomerate of a team of experienced industry leaders and marketing experts who have a clear vision: to produce high-quality and sustainable luxury brands and beverages. The business model of Iconic Brands Inc revolves around building and establishing successful lifestyle brands and beverage products. The company relies on close collaboration with successful influencers from the fields of fashion, music, and art. This enables Iconic Brands Inc to reach a broad target audience that is looking for exclusive, innovative, and high-quality products. Iconic Brands Inc specializes in the production and marketing of premium beverages. This includes vodkas, tequilas, gins, and rums, among others. The company has been particularly successful with the "Bellissima Prosecco" brand. This Italian sparkling wine stands out for its excellent quality and eye-catching, glamorous bottle design. The Bellissima Prosecco is now sold in more than 25 countries worldwide. Another important product that Iconic Brands Inc has successfully established in the market is the "Bivi Vodka". This vodka is particularly mild and stands out for its rounded flavor and smooth finish. The Bivi Vodka is an excellent choice both on its own and as a base for cocktails. However, Iconic Brands Inc is not only focused on building and marketing a portfolio of successful beverage brands but also on expanding into other business areas. The company recently entered into a strategic partnership with Green Grow Farms Inc. The goal of this cooperation is to cultivate and market high-quality hemp. Under the brand "Premium Hemp Infused Beverages", Iconic Brands Inc now offers hemp-infused drinks that appeal to a wide audience. Iconic Brands Inc. is a company that focuses on the highest possible quality of both its products and its corporate philosophy. The company aims to build brands that are consistently successful and leave a lasting impression in the market. The company continuously expands its divisions and always meets the needs of its customers. Iconic Brands Inc's medium-term goal is to become one of the leading lifestyle companies in the world. Iconic Brands ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Iconic Brands's Return on Assets (ROA)

Iconic Brands'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 Iconic Brands'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 Iconic Brands'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 Iconic Brands’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 Iconic Brands Stock

What is the Return on Assets (ROA) of Iconic Brands this year?

The Return on Assets (ROA) of Iconic Brands is -1.85 undefined this year.

What was the ROA of Iconic Brands compared to the previous year?

The ROA of Iconic Brands has increased by 798.57% compared to the previous year.

What consequences do high ROA have for investors of Iconic Brands?

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

What are the consequences of low ROA for investors in Iconic Brands?

A low ROA can be unfavorable for investors of Iconic Brands 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 Iconic Brands affect the company?

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

How does a reduction in ROA of Iconic Brands impact the company?

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

What are some factors that can influence the ROA of Iconic Brands?

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

Why is the ROA of Iconic Brands important for investors?

The ROA of Iconic Brands 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 Iconic Brands take to improve ROA?

To improve ROA, Iconic Brands 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 Iconic Brands pay?

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

What is the dividend yield of Iconic Brands?

The current dividend yield of Iconic Brands is .

When does Iconic Brands pay dividends?

Iconic Brands pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Iconic Brands?

Iconic Brands paid dividends every year for the past 0 years.

What is the dividend of Iconic Brands?

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

In which sector is Iconic Brands located?

Iconic Brands is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Iconic Brands kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Iconic Brands from 6/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Iconic Brands pay the last dividend?

The last dividend was paid out on 6/20/2024.

What was the dividend of Iconic Brands in the year 2023?

In the year 2023, Iconic Brands distributed 0 USD as dividends.

In which currency does Iconic Brands pay out the dividend?

The dividends of Iconic Brands are distributed in USD.

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Andere Kennzahlen von Iconic Brands

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