Nexoptic Technology Stock

Nexoptic Technology ROA 2024

Nexoptic Technology ROA

-15.87

Ticker

NXO.V

ISIN

CA65341P1053

WKN

A2AEVZ

In 2024, Nexoptic Technology's return on assets (ROA) was -15.87, a 312.61% increase from the -3.85 ROA in the previous year.

Nexoptic Technology Aktienanalyse

What does Nexoptic Technology do?

NexOptic Technology Corp is a rising technology company in the field of optical imaging and AI software development, based in Canada. The company was founded in 2014 by Paul McKenzie, John Daugela, and Rich Geruson, and has been listed on the TSX Venture Exchange under the ticker NTOP since 2016. The company's history began with the idea of developing a new type of binoculars that would provide higher image quality and resolution than ever before. After years of intense research, development, and testing, the company has developed a groundbreaking lens called the Hyperfocal Imaging Lens (HIL), which is integrated into NexOptic's Field Telescope. This specific lens allows for higher resolution and sharpness across the entire field of view, which is particularly advantageous for photographers, videographers, and hunters. In addition to the field of optical imaging, NexOptic has expanded its business model to include the development of AI-based software algorithms capable of processing and interpreting data and images in real-time. This enables the support and improvement of complex systems such as surveillance systems or autonomous vehicles. The company operates in two main sectors: Military & Law Enforcement and Consumer & Commercial. The Military & Law Enforcement sector develops and distributes products for the military, police, and other law enforcement agencies. Products include the aforementioned Field Telescope with HIL, night vision devices, thermal imaging cameras, surveillance drones, and other surveillance accessories. NexOptic has the capability to meet the specific needs of these customers and develop customized products. The Consumer & Commercial sector focuses on applications for the consumer market and commercial industries. This includes cameras, smartphones, and drones equipped with HIL technology. NexOptic has close relationships with various companies in these industries and plans to bring many new products to market in the future. NexOptic is also a leading provider of AI-based software solutions capable of processing and interpreting data in real-time. This technology opens up new possibilities for companies to enhance and expand complex systems such as autonomous vehicles or surveillance systems. In addition to the aforementioned products, NexOptic is working on new projects and technologies that complement the various sectors of the company. One example is the prototype of a novel camera lens made from synthetic diamonds. This lens is expected to offer even higher resolution and sharpness than HIL technology, which may be of particular interest in industrial or scientific applications. Overall, NexOptic Technology Corp is an impressive company in the field of optical imaging and AI software development. The company has already brought numerous products to market and plans to develop many more innovative products in the future. With an experienced management team and a dedicated team of engineers and developers, the company has a promising future ahead. Nexoptic Technology ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Nexoptic Technology's Return on Assets (ROA)

Nexoptic Technology'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 Nexoptic Technology'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 Nexoptic Technology'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 Nexoptic Technology’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 Nexoptic Technology stock

What is the Return on Assets (ROA) of Nexoptic Technology this year?

The Return on Assets (ROA) of Nexoptic Technology is -15.87 undefined this year.

What was the ROA of Nexoptic Technology compared to the previous year?

The ROA of Nexoptic Technology has increased by 312.61% compared to the previous year.

What consequences do high ROA have for investors of Nexoptic Technology?

A high ROA is advantageous for investors of Nexoptic Technology, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Nexoptic Technology?

A low ROA can be unfavorable for investors of Nexoptic Technology 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 Nexoptic Technology affect the company?

An increase in ROA of Nexoptic Technology can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Nexoptic Technology impact the company?

A reduction in the ROA of Nexoptic Technology can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Nexoptic Technology?

Some factors that can influence the ROA of Nexoptic Technology include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Nexoptic Technology important for investors?

The ROA of Nexoptic Technology 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 Nexoptic Technology take to improve ROA?

To improve ROA, Nexoptic Technology 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 Nexoptic Technology pay?

Over the past 12 months, Nexoptic Technology paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Nexoptic Technology is expected to pay a dividend of 0 CAD.

What is the dividend yield of Nexoptic Technology?

The current dividend yield of Nexoptic Technology is .

When does Nexoptic Technology pay dividends?

Nexoptic Technology pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Nexoptic Technology?

Nexoptic Technology paid dividends every year for the past 0 years.

What is the dividend of Nexoptic Technology?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Nexoptic Technology located?

Nexoptic Technology is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Nexoptic Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nexoptic Technology from 12/5/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 12/5/2024.

When did Nexoptic Technology pay the last dividend?

The last dividend was paid out on 12/5/2024.

What was the dividend of Nexoptic Technology in the year 2023?

In the year 2023, Nexoptic Technology distributed 0 CAD as dividends.

In which currency does Nexoptic Technology pay out the dividend?

The dividends of Nexoptic Technology are distributed in CAD.

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Andere Kennzahlen von Nexoptic Technology

Our stock analysis for Nexoptic Technology 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 Nexoptic Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.