What is the Return on Assets (ROA) of NuGen Medical Devices this year?
The Return on Assets (ROA) of NuGen Medical Devices is -1.35 undefined this year.
NuGen Medical Devices ROA 2024
NuGen Medical Devices ROA
-1.35
Ticker
NGMD.V
ISIN
CA67054F1009
WKN
A3DABK
In 2024, NuGen Medical Devices's return on assets (ROA) was -1.35, a 65.51% increase from the -0.81 ROA in the previous year.
NuGen Medical Devices Aktienanalyse
What does NuGen Medical Devices do?
NuGen Medical Devices ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding NuGen Medical Devices's Return on Assets (ROA)
NuGen Medical Devices'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 NuGen Medical Devices'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 NuGen Medical Devices'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 NuGen Medical Devices’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 NuGen Medical Devices stock
What was the ROA of NuGen Medical Devices compared to the previous year?
The ROA of NuGen Medical Devices has increased by 65.51% compared to the previous year.
What consequences do high ROA have for investors of NuGen Medical Devices?
A high ROA is advantageous for investors of NuGen Medical Devices, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in NuGen Medical Devices?
A low ROA can be unfavorable for investors of NuGen Medical Devices 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 NuGen Medical Devices affect the company?
An increase in ROA of NuGen Medical Devices can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of NuGen Medical Devices impact the company?
A reduction in the ROA of NuGen Medical Devices can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of NuGen Medical Devices?
Some factors that can influence the ROA of NuGen Medical Devices include revenue, operating costs, asset structure, and industry average.
Why is the ROA of NuGen Medical Devices important for investors?
The ROA of NuGen Medical Devices 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 NuGen Medical Devices take to improve ROA?
To improve ROA, NuGen Medical Devices 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 NuGen Medical Devices pay?
Over the past 12 months, NuGen Medical Devices paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, NuGen Medical Devices is expected to pay a dividend of 0 CAD.
What is the dividend yield of NuGen Medical Devices?
The current dividend yield of NuGen Medical Devices is .
When does NuGen Medical Devices pay dividends?
NuGen Medical Devices pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of NuGen Medical Devices?
NuGen Medical Devices paid dividends every year for the past 0 years.
What is the dividend of NuGen Medical Devices?
For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.
In which sector is NuGen Medical Devices located?
NuGen Medical Devices is assigned to the '-' sector.
Wann musste ich die Aktien von NuGen Medical Devices kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NuGen Medical Devices from 12/18/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.
When did NuGen Medical Devices pay the last dividend?
The last dividend was paid out on 12/18/2024.
What was the dividend of NuGen Medical Devices in the year 2023?
In the year 2023, NuGen Medical Devices distributed 0 CAD as dividends.
In which currency does NuGen Medical Devices pay out the dividend?
The dividends of NuGen Medical Devices are distributed in CAD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von NuGen Medical Devices
Our stock analysis for NuGen Medical Devices 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 NuGen Medical Devices Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- NuGen Medical Devices Revenue
- NuGen Medical Devices Net Income
- NuGen Medical Devices P/E
- NuGen Medical Devices P/S
- NuGen Medical Devices EBIT
- NuGen Medical Devices Dividend
- NuGen Medical Devices Stocks
- NuGen Medical Devices Market capitalization
- NuGen Medical Devices Debt
- NuGen Medical Devices Liabilities
- NuGen Medical Devices Equity
- NuGen Medical Devices AAQS
- NuGen Medical Devices Employees
- NuGen Medical Devices ROE
- NuGen Medical Devices ROA
- NuGen Medical Devices ROCE