Michaels Companies Equity 2024

Michaels Companies Aktienanalyse

What does Michaels Companies do?

The Michaels Companies Inc. is one of the largest retail companies for crafting supplies and art supplies in North America. The company operates over 1,200 stores in the United States and Canada and has been publicly traded since 1984. The company was founded in 1973 by Michael J. Dupey in Dallas, Texas and initially specialized in the sale of frames and framing materials. It quickly grew and expanded its offerings to include other arts and crafts supplies. In 1983, it was acquired by Interco Inc, a conglomerate that also owned the department store chain Montgomery Ward. The company went public in 1984 and became an independent entity. The business model of The Michaels Companies Inc. is focused on offering a wide range of materials and tools for customers to use in their creative projects. The company specializes in products for arts, crafts, floristry, and decoration, and regularly hosts workshops and classes. The company operates different business divisions to cater to the diverse needs of its customers. Michaels is the main retail brand, known for its extensive range of crafting supplies. Aaron Brothers is a subsidiary specializing in art and framing. Recollections is an in-house brand offering products for scrapbooking and paper crafts. Darice is a wholesaler of crafting materials. The company's product range includes wool, yarn, and knitting accessories; fabrics and sewing supplies; paints and brushes; paper and paper crafts; jewelry making and beads; floristry and decorating materials; frames and framing accessories. The company has recently expanded into DIY projects and home decor products. In conclusion, The Michaels Companies Inc. is a well-known retail company specializing in arts and crafts supplies. It operates stores in the USA and Canada and offers a wide range of materials and accessories for various creative projects. Alongside its own stores, the company also oversees subsidiaries like Aaron Brothers and Darice. Michaels Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Michaels Companies's Equity

Michaels Companies's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Michaels Companies's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Michaels Companies's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Michaels Companies's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Michaels Companies’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Michaels Companies stock

What is the equity of Michaels Companies this year?

Michaels Companies has equity of -1.2 B USD this year.

What was the equity of Michaels Companies compared to the previous year?

The equity of Michaels Companies has increased/decreased by 0% decreased compared to the previous year.

What impact does a high equity have on investors of Michaels Companies?

A high equity is advantageous for investors of Michaels Companies as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Michaels Companies?

A low equity can be a risk for investors of Michaels Companies, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Michaels Companies affect the company?

An increase in equity of Michaels Companies can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Michaels Companies affect the company?

A reduction in equity of Michaels Companies can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Michaels Companies?

Some factors that can affect the equity of Michaels Companies include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Michaels Companies so important for investors?

The equity of Michaels Companies is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Michaels Companies take to change the equity?

To change equity, Michaels Companies can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Michaels Companies pay?

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

What is the dividend yield of Michaels Companies?

The current dividend yield of Michaels Companies is .

When does Michaels Companies pay dividends?

Michaels Companies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Michaels Companies?

Michaels Companies paid dividends every year for the past 0 years.

What is the dividend of Michaels Companies?

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

In which sector is Michaels Companies located?

Michaels Companies is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Michaels Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Michaels Companies from 12/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/12/2024.

When did Michaels Companies pay the last dividend?

The last dividend was paid out on 12/12/2024.

What was the dividend of Michaels Companies in the year 2023?

In the year 2023, Michaels Companies distributed 0 USD as dividends.

In which currency does Michaels Companies pay out the dividend?

The dividends of Michaels Companies are distributed in USD.