What is the ROCE (Return on Capital Employed) of NIC this year?
The ROCE of NIC is 0 undefined this year.
NIC ROCE 2024
NIC ROCE
0
Ticker
EGOV
ISIN
US62914B1008
WKN
924381
In 2024, NIC's return on capital employed (ROCE) was 0, a 0% increase from the 0 ROCE in the previous year.
NIC Aktienanalyse
What does NIC do?
NIC Inc. is a US-based company that provides digital solutions for government and public institutions. The company aims to simplify and improve the interaction between government agencies and citizens. It offers a wide range of products and services tailored to the needs of federal, state, and local authorities. NIC Inc. was founded in 1992 by Harry Herington in Olathe, Kansas. It started as an IT service provider and quickly became a leading provider of digital solutions for government agencies. In 1994, NIC Inc. launched its first e-government website for the Kansas State Corporation Commission and rapidly expanded, establishing itself as a key player in the industry. The company's business model revolves around offering digital solutions for government and public institutions. Its products and services cater to the needs of federal, state, and local authorities. NIC Inc.'s solutions encompass a wide range of services including payment processing, government websites, online forms, and electronic signatures. By leveraging advanced technology and its experience in collaborating with government agencies, NIC Inc. has established itself as a leading provider of e-government solutions. Its business model enables agencies to offer their services on a digital platform, allowing for more efficient and effective operations. NIC Inc. organizes its business into three main divisions: e-government services, software, and digital payments. The e-government services division focuses on providing customized solutions for communication between government agencies and citizens, including website development, payment processing, and online forms. The software division offers tailored software solutions for specific agency needs, providing optimal functionality and user-friendliness. The payment division provides a secure, fast, and user-friendly digital payment platform for government agencies, allowing citizens to conveniently make online payments. NIC Inc. offers a wide range of products aimed at simplifying and enhancing the collaboration between government agencies and citizens. One of its key product lines is the development and management of e-government websites specifically designed for government agencies. These websites feature user-friendly functionalities such as online forms and easy payment processing. Another important product offered by NIC Inc. is its digital payment platform, enabling payments for government agencies and institutions. This platform is secure, fast, and provides citizens with a convenient way to make online payments to government agencies. NIC Inc. also offers software solutions specifically tailored to the needs of government agencies. These solutions are optimized for bureaucracy and agency requirements, offering the highest level of user-friendliness and functionality. In conclusion, NIC Inc. is a leading provider of digital solutions for government agencies and public institutions in the United States. Its goal is to simplify and improve the interaction between citizens and government agencies. The company offers a wide range of products and services tailored to the needs of federal, state, and local authorities, including e-government websites, digital payment platforms, and customized software solutions. Through the use of advanced technology and its experience in collaborating with government agencies, NIC Inc. has established itself as one of the leading providers of e-government solutions in the United States. NIC ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling NIC's Return on Capital Employed (ROCE)
NIC's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing NIC's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
NIC's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in NIC’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about NIC stock
How has the ROCE (Return on Capital Employed) of NIC developed compared to the previous year?
The ROCE of NIC has increased by 0% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of NIC?
A high Return on Capital Employed (ROCE) indicates that NIC has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of NIC?
A low ROCE (Return on Capital Employed) can indicate that NIC has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from NIC impact the company?
An increase in the ROCE of NIC can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of NIC affect the company?
A decrease in ROCE of NIC can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of NIC?
Some factors that can affect NIC's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of NIC so important for investors?
The ROCE of NIC is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can NIC take to improve the ROCE?
To improve the ROCE, NIC can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does NIC pay?
Over the past 12 months, NIC paid a dividend of 0.36 USD . This corresponds to a dividend yield of about 1.06 %. For the coming 12 months, NIC is expected to pay a dividend of 0.37 USD.
What is the dividend yield of NIC?
The current dividend yield of NIC is 1.06 %.
When does NIC pay dividends?
NIC pays a quarterly dividend. This is distributed in the months of July, October, January, April.
How secure is the dividend of NIC?
NIC paid dividends every year for the past 18 years.
What is the dividend of NIC?
For the upcoming 12 months, dividends amounting to 0.37 USD are expected. This corresponds to a dividend yield of 1.1 %.
In which sector is NIC located?
NIC is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von NIC kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NIC from 3/17/2021 amounting to 0.09 USD, you needed to have the stock in your portfolio before the ex-date on 3/2/2021.
When did NIC pay the last dividend?
The last dividend was paid out on 3/17/2021.
What was the dividend of NIC in the year 2023?
In the year 2023, NIC distributed 0.386 USD as dividends.
In which currency does NIC pay out the dividend?
The dividends of NIC are distributed in USD.
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Our stock analysis for NIC 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 NIC Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
