Lifeloc Technologies ROE 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.

ROE Details

Decoding Lifeloc Technologies's Return on Equity (ROE)

Lifeloc Technologies's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Lifeloc Technologies's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Lifeloc Technologies's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Lifeloc Technologies’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Lifeloc Technologies stock

What is the ROE (Return on Equity) of Lifeloc Technologies this year?

The ROE of Lifeloc Technologies this year is 0.03 undefined.

How has the Return on Equity (ROE) of Lifeloc Technologies developed compared to the previous year?

The ROE of Lifeloc Technologies has increased by -143.29% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Lifeloc Technologies?

A high ROE indicates that Lifeloc Technologies generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Lifeloc Technologies?

A low ROE can indicate that Lifeloc Technologies is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Lifeloc Technologies affect the company?

A change in ROE (Return on Equity) of Lifeloc Technologies can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Lifeloc Technologies?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Lifeloc Technologies?

Some factors that can influence Lifeloc Technologies's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 9/21/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/21/2024.

When did Lifeloc Technologies pay the last dividend?

The last dividend was paid out on 9/21/2024.

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.