Ovostar Union Stock

Ovostar Union ROA 2024

Ovostar Union ROA

0.31

Ticker

OVO.WA

ISIN

NL0009805613

In 2024, Ovostar Union's return on assets (ROA) was 0.31, a 457.63% increase from the 0.06 ROA in the previous year.

Ovostar Union Aktienanalyse

What does Ovostar Union do?

Ovostar Union ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ovostar Union's Return on Assets (ROA)

Ovostar Union'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 Ovostar Union'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 Ovostar Union'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 Ovostar Union’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 Ovostar Union stock

What is the Return on Assets (ROA) of Ovostar Union this year?

The Return on Assets (ROA) of Ovostar Union is 0.31 undefined this year.

What was the ROA of Ovostar Union compared to the previous year?

The ROA of Ovostar Union has increased by 457.63% compared to the previous year.

What consequences do high ROA have for investors of Ovostar Union?

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

What are the consequences of low ROA for investors in Ovostar Union?

A low ROA can be unfavorable for investors of Ovostar Union 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 Ovostar Union affect the company?

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

How does a reduction in ROA of Ovostar Union impact the company?

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

What are some factors that can influence the ROA of Ovostar Union?

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

Why is the ROA of Ovostar Union important for investors?

The ROA of Ovostar Union 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 Ovostar Union take to improve ROA?

To improve ROA, Ovostar Union 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 Ovostar Union pay?

Over the past 12 months, Ovostar Union paid a dividend of 0.65 USD . This corresponds to a dividend yield of about 3.75 %. For the coming 12 months, Ovostar Union is expected to pay a dividend of 0.65 USD.

What is the dividend yield of Ovostar Union?

The current dividend yield of Ovostar Union is 3.75 %.

When does Ovostar Union pay dividends?

Ovostar Union pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Ovostar Union?

Ovostar Union paid dividends every year for the past 1 years.

What is the dividend of Ovostar Union?

For the upcoming 12 months, dividends amounting to 0.65 USD are expected. This corresponds to a dividend yield of 3.75 %.

In which sector is Ovostar Union located?

Ovostar Union is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Ovostar Union kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ovostar Union from 1/27/2023 amounting to 0.65 USD, you needed to have the stock in your portfolio before the ex-date on 1/12/2023.

When did Ovostar Union pay the last dividend?

The last dividend was paid out on 1/27/2023.

What was the dividend of Ovostar Union in the year 2023?

In the year 2023, Ovostar Union distributed 0 USD as dividends.

In which currency does Ovostar Union pay out the dividend?

The dividends of Ovostar Union are distributed in USD.

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Andere Kennzahlen von Ovostar Union

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