What is the ROE (Return on Equity) of Nexteer Automotive Group this year?
The ROE of Nexteer Automotive Group this year is 0.02 undefined.
In 2024, Nexteer Automotive Group's return on equity (ROE) was 0.02, a -37.64% increase from the 0.03 ROE in the previous year.
Nexteer Automotive Group'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.
Analyzing Nexteer Automotive Group'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.
Nexteer Automotive Group'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.
Changes in Nexteer Automotive Group’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.
The ROE of Nexteer Automotive Group this year is 0.02 undefined.
The ROE of Nexteer Automotive Group has increased by -37.64% decreased compared to the previous year.
A high ROE indicates that Nexteer Automotive Group generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
A low ROE can indicate that Nexteer Automotive Group is having difficulties monetizing its investments successfully and can be a negative signal for investors.
A change in ROE (Return on Equity) of Nexteer Automotive Group 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.
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Some factors that can influence Nexteer Automotive Group's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
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.
Over the past 12 months, Nexteer Automotive Group paid a dividend of 0.04 USD . This corresponds to a dividend yield of about 8.44 %. For the coming 12 months, Nexteer Automotive Group is expected to pay a dividend of 0.03 USD.
The current dividend yield of Nexteer Automotive Group is 8.44 %.
Nexteer Automotive Group pays a quarterly dividend. This is distributed in the months of July, July, July, July.
Nexteer Automotive Group paid dividends every year for the past 15 years.
For the upcoming 12 months, dividends amounting to 0.03 USD are expected. This corresponds to a dividend yield of 7.91 %.
Nexteer Automotive Group is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Nexteer Automotive Group from 7/9/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/25/2024.
The last dividend was paid out on 7/9/2024.
In the year 2023, Nexteer Automotive Group distributed 0.074 USD as dividends.
The dividends of Nexteer Automotive Group are distributed in USD.
Our stock analysis for Nexteer Automotive Group 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 Nexteer Automotive Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.