Northern Ocean Stock

Northern Ocean ROA 2024

Northern Ocean ROA

-0.07

Ticker

NOL.OL

ISIN

BMG6682J1036

WKN

A2PWPV

In 2024, Northern Ocean's return on assets (ROA) was -0.07, a -23.82% increase from the -0.09 ROA in the previous year.

Northern Ocean Aktienanalyse

What does Northern Ocean do?

Northern Ocean ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Northern Ocean's Return on Assets (ROA)

Northern Ocean'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 Northern Ocean'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 Northern Ocean'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 Northern Ocean’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 Northern Ocean stock

What is the Return on Assets (ROA) of Northern Ocean this year?

The Return on Assets (ROA) of Northern Ocean is -0.07 undefined this year.

What was the ROA of Northern Ocean compared to the previous year?

The ROA of Northern Ocean has increased by -23.82% compared to the previous year.

What consequences do high ROA have for investors of Northern Ocean?

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

What are the consequences of low ROA for investors in Northern Ocean?

A low ROA can be unfavorable for investors of Northern Ocean 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 Northern Ocean affect the company?

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

How does a reduction in ROA of Northern Ocean impact the company?

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

What are some factors that can influence the ROA of Northern Ocean?

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

Why is the ROA of Northern Ocean important for investors?

The ROA of Northern Ocean 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 Northern Ocean take to improve ROA?

To improve ROA, Northern Ocean 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 Northern Ocean pay?

Over the past 12 months, Northern Ocean paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Northern Ocean is expected to pay a dividend of 0 USD.

What is the dividend yield of Northern Ocean?

The current dividend yield of Northern Ocean is .

When does Northern Ocean pay dividends?

Northern Ocean pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Northern Ocean?

Northern Ocean paid dividends every year for the past 0 years.

What is the dividend of Northern Ocean?

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

In which sector is Northern Ocean located?

Northern Ocean is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Northern Ocean kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Northern Ocean from 12/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/20/2024.

When did Northern Ocean pay the last dividend?

The last dividend was paid out on 12/20/2024.

What was the dividend of Northern Ocean in the year 2023?

In the year 2023, Northern Ocean distributed 0 USD as dividends.

In which currency does Northern Ocean pay out the dividend?

The dividends of Northern Ocean are distributed in USD.

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Andere Kennzahlen von Northern Ocean

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