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Olympic Steel Stock

Olympic Steel Equity 2024

Olympic Steel Equity

555.48 M USD

Ticker

ZEUS

ISIN

US68162K1060

WKN

901092

In 2024, Olympic Steel's equity was 555.48 M USD, a 7.65% increase from the 516 M USD equity in the previous year.

Olympic Steel Aktienanalyse

What does Olympic Steel do?

Olympic Steel Inc. is a US-based company that specializes in the manufacturing, trading, and processing of high-quality steel. The company was founded in 1954 and has since had a long history in the steel and metal industry. Starting as a trading company, Olympic Steel Inc. has now diversified into three different segments: metal service centers, specialty products, and pipe products. Olympic Steel offers a wide range of high-quality metal products to its customers, which can be used in various industries such as construction, automotive, oil and gas, and many others. The metal service centers of Olympic Steel provide customers with a wide selection of customized products tailored to their individual needs and meeting the highest quality standards. Products include flat steel, hollow sections, pipes, steel sheets, stainless steel, aluminum, and much more. Products are either delivered directly to customers or distributed through a network of sales offices and warehouses in North America and Europe. Another important segment of Olympic Steel is specialty products. This involves customized solutions tailored to the requirements of individual customers. For example, this segment produces customized containers, crates, truck beds, steel parts, or components. The company has modern production facilities and high expertise to meet customer demands. The third segment of Olympic Steel is pipe products. Specifically, pipes for use in the oil and gas industry are manufactured, including seamless pipes and large-diameter pipes. The pipes are produced and distributed in a few standard forms or with individual dimensions and specifications. Olympic Steel is both involved in metal production and trading. The company aims to provide its customers with the highest quality and performance in all areas of the metal trade. Olympic Steel strives to establish itself as a leading provider of steel products and solutions, while maximizing customer value. The company is headquartered in Ohio, USA, and employs more than 1,300 people in North America and Europe. Olympic Steel is a company dedicated to innovation and continuous improvement, investing in modern machinery and technologies, as well as the professional development of its employees. Throughout its history, Olympic Steel has overcome several challenges. Over the years, the company has adapted its products and business models to meet the changing demands of the market. The management team has responded well to economic challenges, leading the company to become a leader in the industry. Lastly, Olympic Steel's social responsibilities are worth mentioning. The company is strongly committed to society and the environment, advocating for sustainability and environmental compatibility. Through initiatives such as safe working conditions and equal opportunities, Olympic Steel has earned an excellent reputation within the community. Overall, Olympic Steel is a high-quality company that offers its customers individualized, tailored solutions. The company has consistently adapted to the changing needs of customers and the economy, achieving a leading position in the steel industry. With its commitment to social responsibilities, Olympic Steel remains a respected company in the public eye. Olympic Steel ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Olympic Steel's Equity

Olympic Steel'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 Olympic Steel's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Olympic Steel'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.

Impact on Investments

Olympic Steel'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.

Interpreting Equity Fluctuations

Fluctuations in Olympic Steel’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.

Frequently Asked Questions about Olympic Steel stock

What is the equity of Olympic Steel this year?

Olympic Steel has equity of 555.48 M USD this year.

What was the equity of Olympic Steel compared to the previous year?

The equity of Olympic Steel has increased/decreased by 7.65% increased compared to the previous year.

What impact does a high equity have on investors of Olympic Steel?

A high equity is advantageous for investors of Olympic Steel as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Olympic Steel?

A low equity can be a risk for investors of Olympic Steel, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Olympic Steel affect the company?

An increase in equity of Olympic Steel can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Olympic Steel affect the company?

A reduction in equity of Olympic Steel can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Olympic Steel?

Some factors that can affect the equity of Olympic Steel include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Olympic Steel so important for investors?

The equity of Olympic Steel 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.

What strategic measures can Olympic Steel take to change the equity?

To change equity, Olympic Steel 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.

How much dividend does Olympic Steel pay?

Over the past 12 months, Olympic Steel paid a dividend of 0.5 USD . This corresponds to a dividend yield of about 1.27 %. For the coming 12 months, Olympic Steel is expected to pay a dividend of 0.58 USD.

What is the dividend yield of Olympic Steel?

The current dividend yield of Olympic Steel is 1.27 %.

When does Olympic Steel pay dividends?

Olympic Steel pays a quarterly dividend. This is distributed in the months of December, April, July, September.

How secure is the dividend of Olympic Steel?

Olympic Steel paid dividends every year for the past 20 years.

What is the dividend of Olympic Steel?

For the upcoming 12 months, dividends amounting to 0.58 USD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Olympic Steel located?

Olympic Steel is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Olympic Steel kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Olympic Steel from 9/16/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did Olympic Steel pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Olympic Steel in the year 2023?

In the year 2023, Olympic Steel distributed 0.36 USD as dividends.

In which currency does Olympic Steel pay out the dividend?

The dividends of Olympic Steel are distributed in USD.

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Andere Kennzahlen von Olympic Steel

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