Schmitt Industries ROA 2024

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.

ROA Details

Understanding Schmitt Industries's Return on Assets (ROA)

Schmitt Industries'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 Schmitt Industries'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 Schmitt Industries'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 Schmitt Industries’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 Schmitt Industries stock

What is the Return on Assets (ROA) of Schmitt Industries this year?

The Return on Assets (ROA) of Schmitt Industries is -0.14 undefined this year.

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

The ROA of Schmitt Industries has increased by -62.37% compared to the previous year.

What consequences do high ROA have for investors of Schmitt Industries?

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

What are the consequences of low ROA for investors in Schmitt Industries?

A low ROA can be unfavorable for investors of Schmitt Industries 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 Schmitt Industries affect the company?

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

How does a reduction in ROA of Schmitt Industries impact the company?

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

What are some factors that can influence the ROA of Schmitt Industries?

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

Why is the ROA of Schmitt Industries important for investors?

The ROA of Schmitt Industries 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 Schmitt Industries take to improve ROA?

To improve ROA, Schmitt Industries 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 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 10/8/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/8/2024.

When did Schmitt Industries pay the last dividend?

The last dividend was paid out on 10/8/2024.

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.