Lifeloc Technologies ROA 2024

Lifeloc Technologies Aktienanalyse

What does Lifeloc Technologies do?

Lifeloc Technologies Inc is a company that has been a leader in the development of alcohol and drug testing devices for over 30 years. The company was founded in 1983 and is headquartered in Wheat Ridge, Colorado. Lifeloc focuses on manufacturing reliable and accurate alcohol and drug testing devices for applications in criminal and labor law, transportation, and healthcare. Lifeloc's business model is tailored to the needs of its customers. The company offers both direct sales and sales through a global distribution network. Lifeloc focuses on producing and selling alcohol and drug testing devices for drug activity monitoring, drug testing compliance for employees, drug analysis for government personnel, and medical testing centers. Lifeloc develops and manufactures a wide range of products for alcohol and drug testing. The company offers both individual devices and complete testing systems that cover a variety of methods for alcohol and drug testing. Products include alcohol testing devices for personal use and professional applications, drug testing devices for urine, saliva, and hair, and laboratory equipment for chemical analysis of drug substances. Lifeloc's various divisions cover applications in criminal and labor law, transportation, and healthcare. The company offers alcohol and drug testing devices for drug testing compliance to ensure that employees and service providers are tested for drugs and alcohol to ensure workplace safety. The company also offers products for correctional facilities to help offenders remember to stay sober. For the transportation sector, Lifeloc provides alcohol and drug testing devices for use in airplanes, ships, trucks, and other vehicles to ensure the safety of passengers and other road users. Lifeloc also offers products for use in healthcare, such as devices and test kits for drug testing analysis in hospitals and other medical facilities. Throughout its history, Lifeloc has overcome many challenges. A major milestone was the introduction of the Breathalyzer™ alcohol testing device in 1988, which is now considered an industry standard and used by government and law enforcement agencies worldwide. Another milestone was the introduction of Fingerscript™ technology in 2005, which allows for rapid on-site drug testing and is now used by many government agencies, law enforcement agencies, and companies. In conclusion, Lifeloc Technologies Inc plays a leading role as a pioneering company in the field of alcohol and drug testing worldwide. The company's business model is tailored to the needs of its customers, and it has developed a wide range of products that cover a variety of applications in criminal and labor law, transportation, and healthcare. Lifeloc has overcome many challenges over the years and is now a well-known company in the field of alcohol and drug testing worldwide. Lifeloc Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Lifeloc Technologies's Return on Assets (ROA)

Lifeloc 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 Lifeloc 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 Lifeloc 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 Lifeloc 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 Lifeloc Technologies stock

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

The Return on Assets (ROA) of Lifeloc Technologies is 0.02 undefined this year.

What was the ROA of Lifeloc Technologies compared to the previous year?

The ROA of Lifeloc Technologies has increased by -143.81% compared to the previous year.

What consequences do high ROA have for investors of Lifeloc Technologies?

A high ROA is advantageous for investors of Lifeloc 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 Lifeloc Technologies?

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

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

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

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

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

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

Why is the ROA of Lifeloc Technologies important for investors?

The ROA of Lifeloc 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 Lifeloc Technologies take to improve ROA?

To improve ROA, Lifeloc 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 Lifeloc Technologies pay?

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

What is the dividend yield of Lifeloc Technologies?

The current dividend yield of Lifeloc Technologies is .

When does Lifeloc Technologies pay dividends?

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

How secure is the dividend of Lifeloc Technologies?

Lifeloc Technologies paid dividends every year for the past 0 years.

What is the dividend of Lifeloc 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 Lifeloc Technologies located?

Lifeloc Technologies is assigned to the 'Information technology' sector.

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

To receive the latest dividend of Lifeloc Technologies from 9/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.

When did Lifeloc Technologies pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Lifeloc Technologies in the year 2023?

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

In which currency does Lifeloc Technologies pay out the dividend?

The dividends of Lifeloc Technologies are distributed in USD.