What is the level of liabilities of Shyft Group this year?
Shyft Group has a debt balance of 277.88 M USD this year.
Shyft Group Liabilities 2024
Shyft Group Liabilities
277.88 M USD
Ticker
SHYF
ISIN
US8256981031
WKN
A2P56J
In 2024, Shyft Group's total liabilities amounted to 277.88 M USD, a -10.91% difference from the 311.9 M USD total liabilities in the previous year.
Shyft Group Aktienanalyse
What does Shyft Group do?
The Shyft Group Inc is a leading company in the specialty vehicles sector, headquartered in Novi, Michigan, USA. The company's history dates back to 1952 when it was founded under the name Brown Industries. Since then, the company has continuously evolved and is now a key player in various segments of the transportation industry. The business model of Shyft Group Inc is based on the development and manufacturing of vehicles tailored to the specific needs and requirements of customers. The company uses advanced technologies and materials to produce innovative and durable vehicles. The range of services includes the development of specialty vehicles for delivery, material transport, mobile workshops, emergency services, and mobile businesses. Overall, the company consists of four different divisions. The first division, Shyft Fleet Vehicles and Services, specializes in the development and manufacturing of commercial vehicles. This includes courier, parcel delivery, utility vehicles, and heavy-duty transporters. The vehicles of Shyft Fleet Vehicles and Services are manufactured in close collaboration with customers to meet the specific requirements of various industries such as agriculture, maintenance and repair of communication equipment, or automotive services. The second division of Shyft Group Inc is Spartan Emergency Response and manufactures specialized response vehicles, fire trucks, rescue vehicles, and command vehicles. These vehicles are used, for example, by fire departments or emergency medical services. The specialty vehicles are designed to be optimally tailored to the needs of different customers. The third division of Shyft Group Inc is Spartan Specialty Vehicles, which produces mobile businesses or mobile sales booths, for example. The vehicles of Spartan Specialty Vehicles are used, for instance, as mobile workshops or stationary solutions for dealers and events. Customers can have the vehicles customized to ensure that they meet the specific requirements of their respective companies or event organizers. The fourth division of Shyft Group Inc is Spartan Motors International, which specializes in the export of specialty vehicles abroad. This primarily reaches customers in Asia, Africa, and Europe. With this, Shyft Group Inc has been able to expand its global presence and steadily increase its revenue since the beginning of the export business. Shyft Group Inc offers a wide range of products, all tailored to the specific needs of customers. The already mentioned commercial vehicles and specialty vehicles form only part of the product offering. The company also produces so-called Morgan storage solutions, which have foldable walls and can be easily dismantled as truck bodies. The technologies used in the development and manufacturing of the vehicles are advanced and forward-thinking. An important argument for the company is the commitment to producing environmentally friendly and resource-efficient vehicles. For example, many of the vehicles have alternative propulsion or exhaust cleaning systems to reduce CO2 emissions and other pollutants. In summary, Shyft Group Inc is an important player in the specialty vehicles market. With four different divisions and a wide range of products, the company aims to serve customers in various industries and regions. The focus on customer orientation, innovation, and sustainability is a key unique selling point of the company. Shyft Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing Shyft Group's Liabilities
Shyft Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Shyft Group's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Shyft Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Shyft Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Shyft Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Shyft Group stock
What were the liabilities of Shyft Group compared to the previous year?
The liabilities of Shyft Group have increased by -10.91% dropped compared to the previous year.
What are the consequences of high debt for investors of Shyft Group?
High liabilities can pose a risk for investors of Shyft Group, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Shyft Group?
Low liabilities mean that Shyft Group has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Shyft Group affect the company?
An increase in liabilities of Shyft Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Shyft Group affect the company?
A decrease in the liabilities of Shyft Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Shyft Group?
Some factors that can influence the liabilities of Shyft Group include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Shyft Group so important for investors?
The liabilities of Shyft Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Shyft Group take to modify the liabilities?
To change its liabilities, Shyft Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does Shyft Group pay?
Over the past 12 months, Shyft Group paid a dividend of 0.2 USD . This corresponds to a dividend yield of about 1.48 %. For the coming 12 months, Shyft Group is expected to pay a dividend of 0.22 USD.
What is the dividend yield of Shyft Group?
The current dividend yield of Shyft Group is 1.48 %.
When does Shyft Group pay dividends?
Shyft Group pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of Shyft Group?
Shyft Group paid dividends every year for the past 23 years.
What is the dividend of Shyft Group?
For the upcoming 12 months, dividends amounting to 0.22 USD are expected. This corresponds to a dividend yield of 1.65 %.
In which sector is Shyft Group located?
Shyft Group is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Shyft Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Shyft Group from 9/16/2024 amounting to 0.05 USD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
When did Shyft Group pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of Shyft Group in the year 2023?
In the year 2023, Shyft Group distributed 0.2 USD as dividends.
In which currency does Shyft Group pay out the dividend?
The dividends of Shyft Group are distributed in USD.
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Andere Kennzahlen von Shyft Group
Our stock analysis for Shyft Group 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 Shyft Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
