NACCO Industries Stock

NACCO Industries ROA 2024

NACCO Industries ROA

-0.07

Ticker

NC

ISIN

US6295791031

WKN

871882

In 2024, NACCO Industries's return on assets (ROA) was -0.07, a -156.16% increase from the 0.13 ROA in the previous year.

NACCO Industries Aktienanalyse

What does NACCO Industries do?

NACCO Industries Inc is an American company that was founded in 1913 and is headquartered in Mayfield Heights, Ohio. The company is active in various industries and specializes in the production and sale of products and services related to energy, materials, and heavy industry. Throughout its history, NACCO Industries Inc has gone through different phases and served different business fields. Originally started as a supplier to the coal industry, the company specialized in the production of forklifts and other material handling technologies in the 1960s and 1970s. Over time, however, NACCO Industries Inc diversified again and now serves various industries. The business model of NACCO Industries Inc is based on its various divisions. An important role is played by the "NACCO Materials Handling Group" (NMHG) segment, which is considered one of the world's leading manufacturers of forklifts and other material handling technologies through its subsidiary Hyster-Yale Materials Handling, Inc. (HYMH) and the Yale brand. Another important area of NACCO Industries Inc is the "North American Coal Corporation" (NACoal) segment, which specializes in the production and sale of coal, as well as the extraction of surface and underground minerals. NACoal is the largest producer of surface coal in the United States and operates several mines and other extraction sites in various states. Other segments of NACCO Industries Inc include "North American Mining" (NAM), which offers mining services, and "NACCO Materials Handling Group Europe" (NMHG Europe), which operates in Europe and Asia and also produces forklifts and other material handling technologies. The products offered by NACCO Industries Inc include not only forklifts and other material handling technologies, but also coal, minerals, and mining services. The company places great emphasis on sustainability and environmental protection, as evidenced by the use of renewable energy sources and the utilization of efficient technologies. Overall, NACCO Industries Inc employs approximately 17,000 people worldwide and generated revenues of approximately $2.2 billion in 2020. The company is listed on the New York Stock Exchange and is one of the largest companies in its industry in the United States. In summary, NACCO Industries Inc is a diversified company that is active in various industries and specializes in the production and sale of products and services related to energy, materials, and heavy industry. The company places great emphasis on sustainability and environmental protection and is able to offer its customers a wide range of high-quality products and services. NACCO Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding NACCO Industries's Return on Assets (ROA)

NACCO Industries'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 NACCO Industries'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 NACCO Industries'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 NACCO Industries’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 NACCO Industries stock

What is the Return on Assets (ROA) of NACCO Industries this year?

The Return on Assets (ROA) of NACCO Industries is -0.07 undefined this year.

What was the ROA of NACCO Industries compared to the previous year?

The ROA of NACCO Industries has increased by -156.16% compared to the previous year.

What consequences do high ROA have for investors of NACCO Industries?

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

What are the consequences of low ROA for investors in NACCO Industries?

A low ROA can be unfavorable for investors of NACCO Industries 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 NACCO Industries affect the company?

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

How does a reduction in ROA of NACCO Industries impact the company?

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

What are some factors that can influence the ROA of NACCO Industries?

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

Why is the ROA of NACCO Industries important for investors?

The ROA of NACCO Industries 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 NACCO Industries take to improve ROA?

To improve ROA, NACCO Industries 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 NACCO Industries pay?

Over the past 12 months, NACCO Industries paid a dividend of 0.86 USD . This corresponds to a dividend yield of about 3.37 %. For the coming 12 months, NACCO Industries is expected to pay a dividend of 0.86 USD.

What is the dividend yield of NACCO Industries?

The current dividend yield of NACCO Industries is 3.37 %.

When does NACCO Industries pay dividends?

NACCO Industries pays a quarterly dividend. This is distributed in the months of December, April, June, October.

How secure is the dividend of NACCO Industries?

NACCO Industries paid dividends every year for the past 69 years.

What is the dividend of NACCO Industries?

For the upcoming 12 months, dividends amounting to 0.86 USD are expected. This corresponds to a dividend yield of 3.37 %.

In which sector is NACCO Industries located?

NACCO Industries is assigned to the 'Energy' sector.

Wann musste ich die Aktien von NACCO Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of NACCO Industries from 9/16/2024 amounting to 0.228 USD, you needed to have the stock in your portfolio before the ex-date on 9/3/2024.

When did NACCO Industries pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of NACCO Industries in the year 2023?

In the year 2023, NACCO Industries distributed 0.82 USD as dividends.

In which currency does NACCO Industries pay out the dividend?

The dividends of NACCO Industries 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.

Andere Kennzahlen von NACCO Industries

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