What is the Return on Assets (ROA) of Ormet this year?
The Return on Assets (ROA) of Ormet is 0 undefined this year.
Ormet ROA 2024
Ormet ROA
0
Ticker
ORMTQ
ISIN
US6867011032
In 2024, Ormet's return on assets (ROA) was 0, a 0% increase from the 0 ROA in the previous year.
Ormet Aktienanalyse
What does Ormet do?
Ormet Corp is a company specialized in the production of aluminum products. The company is headquartered in Hannibal, Ohio and was founded in 1956 by Cyrus Eaton. Originally named Ormet Aluminum Corp, the company was renamed Ormet Corp in 2013. The history of Ormet Corp begins when Cyrus Eaton acquired the company from Ohio Power. Eaton had previously invested in another aluminum company and recognized the potential of Ormet. With the acquisition, he was able to transform the company into a leading aluminum company in the US. In the 1970s, Ormet Corp expanded into other business areas, such as the production of aluminum wire and sheets, the manufacturing of refined aluminum products, and the production of high-performance alloys. The business model of Ormet Corp is based on the production of aluminum semis and plates, which are used in various industries such as automotive, aerospace, construction, and electronics. Ormet Corp specializes in producing high-quality aluminum that meets the highest standards. To achieve this, the company focuses on continuous improvement of its manufacturing processes and intensive research and development. Ormet Corp is divided into three different divisions: the Ormet Primary Aluminum Division, the Ormet Rolling Mill Division, and the Ormet Fabrication Division. The Ormet Primary Aluminum Division is responsible for the production of aluminum raw materials. The company operates several aluminum melting furnaces and foundries where Al plates and strands are produced. The Ormet Rolling Mill Division is responsible for further processing these products. The division operates several rolling mills where aluminum plates and sheets are produced. Ormet Corp is an important supplier of aluminum rolls and sheets for the automotive and aerospace industries. The Ormet Fabrication Division is responsible for the fabrication of refined aluminum products. The company offers a wide range of aluminum solutions, such as casings for electronic devices, stainless aluminum-steel honeycomb panels, and plate heat exchangers. Ormet Corp's product range includes aluminum strands, plates and sheets, anodes, cathodes, carbon products, aluminum profiles and tubes, as well as aluminum components made from rolled material. The company can offer its products in various sizes, thicknesses, and alloys to meet the requirements of different industries. Ormet Corp also operates its own research and development department, where new aluminum alloys and products are developed. Although Ormet Corp is a significant company in the aluminum industry, it has faced financial difficulties in the past. In December 2012, Ormet Corp filed for bankruptcy under Chapter 11 of the US bankruptcy law. One factor that led to this decision was the high price of energy that the company had to pay to operate its furnaces and rolling mills. After reducing its costs, the company was able to resume operations in 2014. Ormet ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Ormet's Return on Assets (ROA)
Ormet'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 Ormet'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 Ormet'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 Ormet’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 Ormet stock
What was the ROA of Ormet compared to the previous year?
The ROA of Ormet has increased by 0% compared to the previous year.
What consequences do high ROA have for investors of Ormet?
A high ROA is advantageous for investors of Ormet, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Ormet?
A low ROA can be unfavorable for investors of Ormet 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 Ormet affect the company?
An increase in ROA of Ormet can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Ormet impact the company?
A reduction in the ROA of Ormet can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Ormet?
Some factors that can influence the ROA of Ormet include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Ormet important for investors?
The ROA of Ormet 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 Ormet take to improve ROA?
To improve ROA, Ormet 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 Ormet pay?
Over the past 12 months, Ormet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Ormet is expected to pay a dividend of 0 USD.
What is the dividend yield of Ormet?
The current dividend yield of Ormet is .
When does Ormet pay dividends?
Ormet pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Ormet?
Ormet paid dividends every year for the past 0 years.
What is the dividend of Ormet?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Ormet located?
Ormet is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Ormet kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Ormet from 11/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/17/2024.
When did Ormet pay the last dividend?
The last dividend was paid out on 11/17/2024.
What was the dividend of Ormet in the year 2023?
In the year 2023, Ormet distributed 0 USD as dividends.
In which currency does Ormet pay out the dividend?
The dividends of Ormet are distributed in USD.
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Andere Kennzahlen von Ormet
Our stock analysis for Ormet 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 Ormet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
