What is the ROE (Return on Equity) of Neogen this year?
The ROE of Neogen this year is -0 undefined.
Neogen ROE 2024
Neogen ROE
-0
Ticker
NEOG
ISIN
US6404911066
WKN
883297
In 2024, Neogen's return on equity (ROE) was -0, a -105.51% increase from the 0.05 ROE 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.ROE Details
Decoding Neogen's Return on Equity (ROE)
Neogen's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing Neogen's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
Neogen's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in Neogen’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about Neogen stock
How has the Return on Equity (ROE) of Neogen developed compared to the previous year?
The ROE of Neogen has increased by -105.51% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of Neogen?
A high ROE indicates that Neogen generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of Neogen?
A low ROE can indicate that Neogen is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of Neogen affect the company?
A change in ROE (Return on Equity) of Neogen can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of Neogen?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of Neogen?
Some factors that can influence Neogen's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
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 11/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/27/2024.
When did Neogen pay the last dividend?
The last dividend was paid out on 11/27/2024.
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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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.
