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Singing Machine Company Stock

Singing Machine Company ROCE 2024

Singing Machine Company ROCE

-0.81

Ticker

MICS

ISIN

US8293224031

In 2024, Singing Machine Company's return on capital employed (ROCE) was -0.81, a 126.32% increase from the -0.36 ROCE in the previous year.

Singing Machine Company Aktienanalyse

What does Singing Machine Company do?

Singing Machine Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Singing Machine Company's Return on Capital Employed (ROCE)

Singing Machine Company's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Singing Machine Company's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Singing Machine Company's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Singing Machine Company’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Singing Machine Company stock

What is the ROCE (Return on Capital Employed) of Singing Machine Company this year?

The ROCE of Singing Machine Company is -0.81 undefined this year.

How has the ROCE (Return on Capital Employed) of Singing Machine Company developed compared to the previous year?

The ROCE of Singing Machine Company has increased by 126.32% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Singing Machine Company?

A high Return on Capital Employed (ROCE) indicates that Singing Machine Company has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Singing Machine Company?

A low ROCE (Return on Capital Employed) can indicate that Singing Machine Company has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Singing Machine Company impact the company?

An increase in the ROCE of Singing Machine Company can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Singing Machine Company affect the company?

A decrease in ROCE of Singing Machine Company can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Singing Machine Company?

Some factors that can affect Singing Machine Company's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Singing Machine Company so important for investors?

The ROCE of Singing Machine Company is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Singing Machine Company take to improve the ROCE?

To improve the ROCE, Singing Machine Company can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Singing Machine Company pay?

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

What is the dividend yield of Singing Machine Company?

The current dividend yield of Singing Machine Company is .

When does Singing Machine Company pay dividends?

Singing Machine Company pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Singing Machine Company?

Singing Machine Company paid dividends every year for the past 0 years.

What is the dividend of Singing Machine Company?

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

In which sector is Singing Machine Company located?

Singing Machine Company is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Singing Machine Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Singing Machine Company from 9/24/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/24/2024.

When did Singing Machine Company pay the last dividend?

The last dividend was paid out on 9/24/2024.

What was the dividend of Singing Machine Company in the year 2023?

In the year 2023, Singing Machine Company distributed 0 USD as dividends.

In which currency does Singing Machine Company pay out the dividend?

The dividends of Singing Machine Company are distributed in USD.

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Andere Kennzahlen von Singing Machine Company

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