Schmitt Industries Stock

Schmitt Industries Debt 2024

Schmitt Industries Debt

1.95 USD

Ticker

SMIT

ISIN

US8068702005

WKN

775105

In 2024, Schmitt Industries's total debt was 1.95 USD, a -920.29% change from the -0.24 USD total debt recorded in the previous year.

Schmitt Industries Aktienanalyse

What does Schmitt Industries do?

The company Schmitt Industries Inc was founded in 1987 and is headquartered in Portland, Oregon (USA). The company specializes in the development, manufacturing, and distribution of measurement and control devices. The focus is on process monitoring in manufacturing and measurement technology. Business Model: The business model of Schmitt Industries Inc is based on the manufacturing and marketing of various measuring instruments and supporting the equipment of production processes. The company meets the needs of customers and offers customized solutions and comprehensive support. Schmitt Industries Inc works closely with customers in the automotive, aviation, medical technology, and other industries. Divisions: Schmitt Industries Inc operates in three main divisions: 1. Process Instruments Division: This division includes the development and marketing of process control and monitoring systems used in manufacturing technology. This includes laser and ultrasound measuring systems as well as optical sensors. 2. Measurement Division: The measuring systems developed and manufactured in this division are used in measurement and testing technology. These are mechanical measuring instruments such as length measuring technology or shape and contour measuring devices. 3. Balancer Division: This division focuses on the production of balancing machines for rotors and other rotating components. The balancing machines are used in the industry to avoid vibrations and damage to machinery and systems. Products: The company offers a wide range of products, which include: - AccuMax Laser Scanner: This control and monitoring system accurately and quickly captures the alignment and geometry of parts or products and provides automatic correction. This ensures high quality, efficiency, and time savings. - Xact Wire Length Meters: A length measuring technology for performing mechanical precision measurements and cutting materials. It offers easy control to achieve higher efficiency and accuracy in industrial product manufacturing. - PreCise MRM: An automatic monitoring system for rotors equipped with the latest technology to reduce damage and problems in machinery and systems. It ensures better performance, reliability, and availability. In summary, Schmitt Industries Inc plays a significant role in manufacturing technology. It is a company with a passion for quality, technological advancement, and customer satisfaction. Schmitt Industries Inc manufactures innovative products and offers customized solutions for the diverse requirements of the industry. The company is committed to constantly improving its products and services and setting new standards in manufacturing technology. Schmitt Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Schmitt Industries's Debt Structure

Schmitt Industries's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Schmitt Industries's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Schmitt Industries’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Schmitt Industries’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Schmitt Industries stock

What is the debt of Schmitt Industries this year?

Schmitt Industries has a debt level of 1.95 USD this year.

What was the debt of Schmitt Industries compared to the previous year?

The debt of Schmitt Industries has increased by -920.29% compared to the previous year dropped.

What are the consequences of high debt for investors in Schmitt Industries?

High debt can pose a risk for investors of Schmitt Industries, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Schmitt Industries?

Low debt means that Schmitt Industries has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Schmitt Industries affect the company?

An increase in debt of Schmitt Industries can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Schmitt Industries affect the company?

A reduction in debt of Schmitt Industries can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Schmitt Industries?

Some factors that can influence the debt of Schmitt Industries include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Schmitt Industries so important for investors?

The debts of Schmitt Industries are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Schmitt Industries take to change the debt?

To change the debt, Schmitt Industries can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Schmitt Industries pay?

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

What is the dividend yield of Schmitt Industries?

The current dividend yield of Schmitt Industries is .

When does Schmitt Industries pay dividends?

Schmitt Industries pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Schmitt Industries?

Schmitt Industries paid dividends every year for the past 0 years.

What is the dividend of Schmitt Industries?

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

In which sector is Schmitt Industries located?

Schmitt Industries is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Schmitt Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Schmitt Industries from 7/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/29/2024.

When did Schmitt Industries pay the last dividend?

The last dividend was paid out on 7/29/2024.

What was the dividend of Schmitt Industries in the year 2023?

In the year 2023, Schmitt Industries distributed 0 USD as dividends.

In which currency does Schmitt Industries pay out the dividend?

The dividends of Schmitt Industries are distributed in USD.

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Andere Kennzahlen von Schmitt Industries

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