Schmitt Industries Stock

Schmitt Industries Equity 2024

Schmitt Industries Equity

605,210.01 USD

Ticker

SMIT

ISIN

US8068702005

WKN

775105

In 2024, Schmitt Industries's equity was 605,210.01 USD, a -83.94% increase from the 3.77 M USD equity 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.

Equity Details

Analyzing Schmitt Industries's Equity

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

Year-to-Year Comparison

Evaluating Schmitt Industries'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

Schmitt Industries'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 Schmitt Industries’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 Schmitt Industries stock

What is the equity of Schmitt Industries this year?

Schmitt Industries has equity of 605,210.01 USD this year.

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

The equity of Schmitt Industries has increased/decreased by -83.94% decreased compared to the previous year.

What impact does a high equity have on investors of Schmitt Industries?

A high equity is advantageous for investors of Schmitt Industries 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 Schmitt Industries?

A low equity can be a risk for investors of Schmitt Industries, 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 Schmitt Industries affect the company?

An increase in equity of Schmitt Industries 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 Schmitt Industries affect the company?

A reduction in equity of Schmitt Industries 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 Schmitt Industries?

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

Why is the equity of Schmitt Industries so important for investors?

The equity of Schmitt Industries 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 Schmitt Industries take to change the equity?

To change equity, Schmitt Industries 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 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 7/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/28/2024.

When did Schmitt Industries pay the last dividend?

The last dividend was paid out on 7/28/2024.

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.