Mastercraft Boat Holdings ROA 2024

Mastercraft Boat Holdings ROA

0.19

Mastercraft Boat Holdings Dividend yield

Ticker

MCFT

ISIN

US57637H1032

WKN

A2N9VT

In 2024, Mastercraft Boat Holdings's return on assets (ROA) was 0.19, a -0.64% increase from the 0.2 ROA in the previous year.

Mastercraft Boat Holdings Aktienanalyse

What does Mastercraft Boat Holdings do?

Mastercraft Boat Holdings Inc. is a manufacturer of high-performance sport boats based in Vonore, Tennessee. The company was founded in 1968 by Rob Shirley in Maryville, Tennessee. Mastercraft has evolved over the years to become a leading manufacturer of boats specialized in water sports such as waterskiing, wakeboarding, and wakesurfing. The company produces boats in various sizes, ranging from 19 to 28 feet in length. The company has various divisions, including Mastercraft, NauticStar, and Crest. Mastercraft is the most well-known brand of the company, producing a wide range of sport boats with high-quality features and advanced technologies. NauticStar is a brand of mid-range boats primarily designed for recreational use. Crest is a luxury brand that manufactures pontoon boats and similar models. Mastercraft focuses on innovation and has developed several patented technologies over the years that have become industry standards. These include the Gen 2 Surf System, which allows wakeboarders and surfers to create waves of different shapes and sizes; the DockStart System, which enables skiers to start on a ski without a motor; and the LiftSaver Back-wrap System, which makes it easier for drivers to trailer and store boats alone. Mastercraft is also involved in digital technology and has developed the digital display system (Gen 2), which provides boaters with a variety of information on an interactive touchscreen display. The company also offers a mobile app that allows users to control various functions of the boat through their smartphone or tablet. Mastercraft is a publicly traded company listed on NASDAQ under the symbol MCFT. The company generated revenue of $524.6 million in 2019 and currently employs approximately 1,700 people. Mastercraft is committed to sustainability and has taken various measures in recent years to reduce its impact on the environment. This includes the introduction of eco-friendly materials, waste reduction, and the transition to renewable energy. Mastercraft takes pride in being a leading manufacturer of sport boats and is dedicated to supporting the passion and lifestyle of its customers through high-quality and innovative products. Mastercraft Boat Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Mastercraft Boat Holdings's Return on Assets (ROA)

Mastercraft Boat Holdings'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 Mastercraft Boat Holdings'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 Mastercraft Boat Holdings'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 Mastercraft Boat Holdings’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 Mastercraft Boat Holdings Stock

What is the Return on Assets (ROA) of Mastercraft Boat Holdings this year?

The Return on Assets (ROA) of Mastercraft Boat Holdings is 0.19 undefined this year.

What was the ROA of Mastercraft Boat Holdings compared to the previous year?

The ROA of Mastercraft Boat Holdings has increased by -0.64% compared to the previous year.

What consequences do high ROA have for investors of Mastercraft Boat Holdings?

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

What are the consequences of low ROA for investors in Mastercraft Boat Holdings?

A low ROA can be unfavorable for investors of Mastercraft Boat Holdings 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 Mastercraft Boat Holdings affect the company?

An increase in ROA of Mastercraft Boat Holdings can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Mastercraft Boat Holdings impact the company?

A reduction in the ROA of Mastercraft Boat Holdings can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Mastercraft Boat Holdings?

Some factors that can influence the ROA of Mastercraft Boat Holdings include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Mastercraft Boat Holdings important for investors?

The ROA of Mastercraft Boat Holdings 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 Mastercraft Boat Holdings take to improve ROA?

To improve ROA, Mastercraft Boat Holdings 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 Mastercraft Boat Holdings pay?

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

What is the dividend yield of Mastercraft Boat Holdings?

The current dividend yield of Mastercraft Boat Holdings is .

When does Mastercraft Boat Holdings pay dividends?

Mastercraft Boat Holdings pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Mastercraft Boat Holdings?

Mastercraft Boat Holdings paid dividends every year for the past 3 years.

What is the dividend of Mastercraft Boat Holdings?

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

In which sector is Mastercraft Boat Holdings located?

Mastercraft Boat Holdings is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Mastercraft Boat Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Mastercraft Boat Holdings from 6/10/2016 amounting to 4.3 USD, you needed to have the stock in your portfolio before the ex-date on 6/13/2016.

When did Mastercraft Boat Holdings pay the last dividend?

The last dividend was paid out on 6/10/2016.

What was the dividend of Mastercraft Boat Holdings in the year 2023?

In the year 2023, Mastercraft Boat Holdings distributed 0 USD as dividends.

In which currency does Mastercraft Boat Holdings pay out the dividend?

The dividends of Mastercraft Boat Holdings are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Mastercraft Boat Holdings stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Mastercraft Boat Holdings

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