What is the Return on Assets (ROA) of NN this year?
The Return on Assets (ROA) of NN is -0.12 undefined this year.
NN ROA 2024
NN ROA
-0.12
Ticker
NNBR
ISIN
US6293371067
WKN
905358
In 2024, NN's return on assets (ROA) was -0.12, a 82.72% increase from the -0.07 ROA in the previous year.
NN Aktienanalyse
What does NN do?
NN Inc is a diversified company based in North Carolina, USA. It was founded in 1980 and has since become a leading global manufacturer of precision components, precision assemblies, and precision solutions in the automotive, aerospace, healthcare, energy, and other industries. The NN Inc business model is based on providing valuable solutions and supporting customer needs in all phases, from design to mass production, through a combination of expertise in design, manufacturing, assembly, prototyping, and materials science. NN Inc is divided into several business units, namely Precision Components, Assembly and Design, Plastic Molding, and Automotive Parts. These business units offer a variety of products, including ball bearings, precision components, assembly parts, plastic parts, and components for the automotive industry. The Precision Components business unit offers a wide range of custom precision components and assemblies used in the medical technology, aerospace, and energy industries. These products include precision tubes, shafts, bushings, and couplings, as well as high-precision components for valves, pumps, and turbines. The Assembly and Design business unit provides a complete solution for the design, manufacturing, and assembly of precision components and assemblies. The products include turned parts, milled parts, and assemblies for the automotive, aerospace, medical technology, energy, and electronics industries. The Plastic Molding business unit produces a wide range of custom plastic parts and components used in various industries such as the automotive industry, healthcare, and electronics. The products include injection molded and extruded parts, as well as assemblies. The Automotive Parts business unit produces a variety of automotive components such as brake components, transmission components, steering components, and drivetrain components. The products are developed and manufactured in collaboration with leading automotive manufacturers. NN Inc also specializes in the development and manufacturing of high-performance and specialty metals, including titanium, nickel, cobalt, and their alloys. These metals are used in various industries such as aerospace, power generation, medical technology, and chemical processing. The company has further diversified by investing in technology companies specializing in additive manufacturing, 5G networks, and cybersecurity. NN Inc has also shown a strong commitment to sustainability and environmental protection by transitioning its products and manufacturing processes to eco-friendly production. Overall, NN Inc has earned an impressive reputation as a leading manufacturer of precision components and assemblies, providing valuable solutions to its customers worldwide. The company has successfully diversified with its various business units, products, and services, remaining a key player in the industries it serves. NN ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding NN's Return on Assets (ROA)
NN'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 NN'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 NN'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 NN’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 NN stock
What was the ROA of NN compared to the previous year?
The ROA of NN has increased by 82.72% compared to the previous year.
What consequences do high ROA have for investors of NN?
A high ROA is advantageous for investors of NN, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in NN?
A low ROA can be unfavorable for investors of NN 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 NN affect the company?
An increase in ROA of NN can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of NN impact the company?
A reduction in the ROA of NN can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of NN?
Some factors that can influence the ROA of NN include revenue, operating costs, asset structure, and industry average.
Why is the ROA of NN important for investors?
The ROA of NN 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 NN take to improve ROA?
To improve ROA, NN 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 NN pay?
Over the past 12 months, NN paid a dividend of 0.21 USD . This corresponds to a dividend yield of about 6.07 %. For the coming 12 months, NN is expected to pay a dividend of 0 USD.
What is the dividend yield of NN?
The current dividend yield of NN is 6.07 %.
When does NN pay dividends?
NN pays a quarterly dividend. This is distributed in the months of December, March, July, October.
How secure is the dividend of NN?
NN paid dividends every year for the past 0 years.
What is the dividend of NN?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is NN located?
NN is assigned to the 'Industry' sector.
Wann musste ich die Aktien von NN kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NN from 9/23/2019 amounting to 0.07 USD, you needed to have the stock in your portfolio before the ex-date on 9/6/2019.
When did NN pay the last dividend?
The last dividend was paid out on 9/23/2019.
What was the dividend of NN in the year 2023?
In the year 2023, NN distributed 0 USD as dividends.
In which currency does NN pay out the dividend?
The dividends of NN are distributed in USD.
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Andere Kennzahlen von NN
Our stock analysis for NN 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 NN Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
