What is the equity of Nexteer Automotive Group this year?
Nexteer Automotive Group has equity of 1.96 B USD this year.
In 2024, Nexteer Automotive Group's equity was 1.96 B USD, a 1.55% increase from the 1.93 B USD equity in the previous year.
Nexteer Automotive Group's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Nexteer Automotive Group's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Nexteer Automotive Group's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Nexteer Automotive Group's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Fluctuations in Nexteer Automotive Group’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Nexteer Automotive Group has equity of 1.96 B USD this year.
The equity of Nexteer Automotive Group has increased/decreased by 1.55% increased compared to the previous year.
A high equity is advantageous for investors of Nexteer Automotive Group as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Nexteer Automotive Group, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Nexteer Automotive Group can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Nexteer Automotive Group can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Nexteer Automotive Group include profits, dividend payments, capital increases, and acquisitions.
The equity of Nexteer Automotive Group is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
To change equity, Nexteer Automotive Group can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
Over the past 12 months, Nexteer Automotive Group paid a dividend of 0.04 USD . This corresponds to a dividend yield of about 11.09 %. 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 11.09 %.
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 10.39 %.
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.