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Singing Machine Company Stock

Singing Machine Company ROE 2024

Singing Machine Company ROE

-0.84

Ticker

MICS

ISIN

US8293224031

In 2024, Singing Machine Company's return on equity (ROE) was -0.84, a 87.96% increase from the -0.45 ROE 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.

ROE Details

Decoding Singing Machine Company's Return on Equity (ROE)

Singing Machine Company's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Singing Machine Company's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Singing Machine Company's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Singing Machine Company’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Singing Machine Company stock

What is the ROE (Return on Equity) of Singing Machine Company this year?

The ROE of Singing Machine Company this year is -0.84 undefined.

How has the Return on Equity (ROE) of Singing Machine Company developed compared to the previous year?

The ROE of Singing Machine Company has increased by 87.96% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Singing Machine Company?

A high ROE indicates that Singing Machine Company generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Singing Machine Company?

A low ROE can indicate that Singing Machine Company is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Singing Machine Company affect the company?

A change in ROE (Return on Equity) of Singing Machine Company can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Singing Machine Company?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Singing Machine Company?

Some factors that can influence Singing Machine Company's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.