What is the Return on Assets (ROA) of NVE this year?
The Return on Assets (ROA) of NVE is 0.26 undefined this year.
NVE ROA 2024
NVE ROA
0.26
NVE Dividend yield
2.61 %
Ticker
NVEC
ISIN
US6294452064
WKN
766101
In 2024, NVE's return on assets (ROA) was 0.26, a 19.29% increase from the 0.21 ROA in the previous year.
NVE Aktienanalyse
What does NVE do?
NVE Corp is an American company specializing in the development and manufacturing of magnetic components and sensors. The company was founded in 1982 and is headquartered in Eden Prairie, Minnesota. NVE Corp specializes in the development and manufacturing of magnetic components and sensors that can be used in various applications such as the automotive industry, medical technology, consumer electronics, and aerospace. The company has several subsidiaries, including Isolation Products Inc. and Compound Semiconductors Inc. The business model of NVE Corp is based on the manufacture and sale of magnetic components and sensors. The company utilizes proprietary technologies to develop innovative products that meet the needs of its customers. NVE Corp has a wide range of products, including magnetic sensors, magnetic voltage sensors, magnetic magnetic field sensors, and magnetic signal isolators. The company also holds patents on a range of technologies, including magnetic tunnel junctions (MTJs) and giant magnetoresistances (GMRs). These technologies are used in the manufacture of magnetic components and sensors, enabling higher accuracy and sensitivity in measuring magnetic fields and voltages. NVE Corp has a strong presence in the market for magnetic components and sensors and is a leading provider in this field. The company works closely with its customers to develop innovative solutions for their requirements. One of the key sectors of NVE Corp is the automotive industry. The company supplies magnetic sensors and voltage sensors for various applications, including brake control, steering, transmission, and air conditioning. These sensors offer high accuracy and reliability, which are essential for the safety and performance of vehicles. Another important sector of NVE Corp is medical technology. The company supplies magnetic components and sensors for the detection and monitoring of heart and brain activity, as well as for the diagnosis and treatment of various diseases. These sensors offer high sensitivity and accuracy, which are crucial for detecting the slightest changes. NVE Corp also offers a wide range of products for consumer electronics. These include magnetic sensors for controlling mobile phones and tablets, magnetic tunnel junctions for data storage on hard drives, and GMR sensors for fingerprint detection. Overall, NVE Corp has established itself as a leading provider of magnetic components and sensors. The company has a successful history and a strong business model based on the development and manufacturing of innovative products that meet the needs of its customers. With its wide range of products and sectors, NVE Corp is well positioned to continue to grow and expand. NVE ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding NVE's Return on Assets (ROA)
NVE'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 NVE'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 NVE'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 NVE’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 NVE Stock
What was the ROA of NVE compared to the previous year?
The ROA of NVE has increased by 19.29% compared to the previous year.
What consequences do high ROA have for investors of NVE?
A high ROA is advantageous for investors of NVE, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in NVE?
A low ROA can be unfavorable for investors of NVE 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 NVE affect the company?
An increase in ROA of NVE can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of NVE impact the company?
A reduction in the ROA of NVE can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of NVE?
Some factors that can influence the ROA of NVE include revenue, operating costs, asset structure, and industry average.
Why is the ROA of NVE important for investors?
The ROA of NVE 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 NVE take to improve ROA?
To improve ROA, NVE 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 NVE pay?
Over the past 12 months, NVE paid a dividend of 2 USD . This corresponds to a dividend yield of about 2.61 %. For the coming 12 months, NVE is expected to pay a dividend of 2 USD.
What is the dividend yield of NVE?
The current dividend yield of NVE is 2.61 %.
When does NVE pay dividends?
NVE pays a quarterly dividend. This is distributed in the months of August, November, February, June.
How secure is the dividend of NVE?
NVE paid dividends every year for the past 10 years.
What is the dividend of NVE?
For the upcoming 12 months, dividends amounting to 2 USD are expected. This corresponds to a dividend yield of 2.61 %.
In which sector is NVE located?
NVE is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von NVE kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NVE from 5/31/2024 amounting to 1 USD, you needed to have the stock in your portfolio before the ex-date on 5/10/2024.
When did NVE pay the last dividend?
The last dividend was paid out on 5/31/2024.
What was the dividend of NVE in the year 2023?
In the year 2023, NVE distributed 4 USD as dividends.
In which currency does NVE pay out the dividend?
The dividends of NVE are distributed in USD.
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Andere Kennzahlen von NVE
Our stock analysis for NVE 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 NVE Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
