What is the debt of Neogen this year?
Neogen has a debt level of 720.23 USD this year.
Neogen Debt 2024
Neogen Debt
720.23 USD
Ticker
NEOG
ISIN
US6404911066
WKN
883297
In 2024, Neogen's total debt was 720.23 USD, a -1,718.49% change from the -44.5 USD total debt recorded in the previous year.
Neogen Aktienanalyse
What does Neogen do?
Neogen Corp is a leading provider of food safety and animal health solutions based in Lansing, Michigan, USA. The company was founded in 1982 by James Herbert and initially focused on the development and manufacturing of rapid tests for the dairy industry. Since then, Neogen has become an internationally operating company with over 25 subsidiaries and 1,800 employees. Neogen's business model is based on providing solutions for safe and healthy food supply and animal husbandry. The company operates in two main divisions: Food Safety and Animal Safety. Within these divisions, Neogen offers a wide range of test kits, diagnostic tools, information management software, and other products that help minimize the risk of food poisoning and improve the health of livestock. In the Food Safety division, Neogen offers a variety of test kits that allow food producers and retailers to quickly and easily detect various types of contaminants in food. These include tests for salmonella, E. coli, listeria, and mycotoxins. The company also provides tools for monitoring water quality and verifying cleaning and disinfection processes in food processing plants. In the Animal Safety division, Neogen also offers an extensive range of diagnostic tools to improve the health of livestock. The tests include infectious diseases such as brucellosis, BSE (mad cow disease), mastitis, and leukemia. Additionally, Neogen provides tools for animal identification and animal health data management. Neogen has also specialized in the development of technologies to improve animal health and nutrition, such as probiotics and supplements for livestock. Another focus of Neogen is the development of information management software that enables food producers and retailers to streamline the process of food safety and quality. The software allows companies to track tests, analyze data, and implement best practices to minimize the risk of food poisoning. In recent years, Neogen has also increasingly focused on the global market, especially the Asian market. The company has subsidiaries in various parts of the world, including Europe, Latin America, and Asia. Neogen works closely with local regulatory authorities to offer its products in accordance with local requirements. In conclusion, Neogen Corp is a leading provider of food safety and animal health solutions, focusing on the development and manufacturing of test kits, diagnostic tools, and information management software. The company has experienced impressive growth in recent decades and is now operating internationally. With its commitment to safe and healthy food supply and animal husbandry, Neogen sets industry standards. Neogen ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Neogen's Debt Structure
Neogen's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Neogen's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Neogen’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Neogen’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Neogen stock
What was the debt of Neogen compared to the previous year?
The debt of Neogen has increased by -1,718.49% compared to the previous year dropped.
What are the consequences of high debt for investors in Neogen?
High debt can pose a risk for investors of Neogen, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Neogen?
Low debt means that Neogen has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Neogen affect the company?
An increase in debt of Neogen can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Neogen affect the company?
A reduction in debt of Neogen can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Neogen?
Some factors that can influence the debt of Neogen include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Neogen so important for investors?
The debts of Neogen are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Neogen take to change the debt?
To change the debt, Neogen can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Neogen pay?
Over the past 12 months, Neogen paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Neogen is expected to pay a dividend of 0 USD.
What is the dividend yield of Neogen?
The current dividend yield of Neogen is .
When does Neogen pay dividends?
Neogen pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Neogen?
Neogen paid dividends every year for the past 0 years.
What is the dividend of Neogen?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Neogen located?
Neogen is assigned to the 'Health' sector.
Wann musste ich die Aktien von Neogen kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Neogen from 8/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/3/2024.
When did Neogen pay the last dividend?
The last dividend was paid out on 8/3/2024.
What was the dividend of Neogen in the year 2023?
In the year 2023, Neogen distributed 0 USD as dividends.
In which currency does Neogen pay out the dividend?
The dividends of Neogen are distributed in USD.
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Andere Kennzahlen von Neogen
Our stock analysis for Neogen 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 Neogen Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
