What is the equity of Shyft Group this year?
Shyft Group has equity of 252.17 M USD this year.
Shyft Group Equity 2024
Shyft Group Equity
252.17 M USD
Ticker
SHYF
ISIN
US8256981031
WKN
A2P56J
In 2024, Shyft Group's equity was 252.17 M USD, a -6.12% increase from the 268.6 M USD equity 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.Equity Details
Analyzing Shyft Group's Equity
Shyft Group'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 Shyft Group's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Shyft Group'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
Shyft Group'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 Shyft Group’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 Shyft Group stock
What was the equity of Shyft Group compared to the previous year?
The equity of Shyft Group has increased/decreased by -6.12% decreased compared to the previous year.
What impact does a high equity have on investors of Shyft Group?
A high equity is advantageous for investors of Shyft Group 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 Shyft Group?
A low equity can be a risk for investors of Shyft Group, 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 Shyft Group affect the company?
An increase in equity of Shyft Group 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 Shyft Group affect the company?
A reduction in equity of Shyft Group 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 Shyft Group?
Some factors that can affect the equity of Shyft Group include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Shyft Group so important for investors?
The equity of Shyft Group 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 Shyft Group take to change the equity?
To change equity, Shyft Group 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 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 1.72 %. 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 1.72 %.
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 1.92 %.
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.
