What is the equity of Snap-On this year?
Snap-On has equity of 5.07 B USD this year.
Snap-On Equity 2024
Snap-On Equity
5.07 B USD
Ticker
SNA
ISIN
US8330341012
WKN
853887
In 2024, Snap-On's equity was 5.07 B USD, a 13.17% increase from the 4.48 B USD equity in the previous year.
Snap-On Aktienanalyse
What does Snap-On do?
Snap-On Inc. is an internationally operating company headquartered in Kenosha, Wisconsin, USA, and active in the areas of innovation, manufacturing, and sales of professional tools and equipment. The company is known for its high-quality products, which are appreciated by both amateur and professional craftsmen and technicians. Establishment and history Snap-On was founded in 1920 by Joseph Johnson and William Seidemann as the Snap-On Wrench Company. Initially, the company mainly focused on the production of keys and tools for servicing heavy machinery such as steam locomotives. But it didn't take long for the company to evolve into a high-quality tool manufacturer over time, offering applications not only for mechanical maintenance but also for aviation and the marine industry. Business model and divisions Snap-On's business model specializes in the development, manufacturing, marketing, and distribution of professional tools. The company has built a world-class manufacturing infrastructure that delivers high-quality products at over 130 locations worldwide. Sales primarily occur through direct sales - the company has built a network of dealers who sell its products to customers. This distribution system allows customers to directly purchase Snap-On tools and equipment, benefiting from high quality, a wide product selection, and excellent customer service. Snap-On operates in three main divisions: the Commercial & Industrial Group, the Snap-On Tools Group, and the Repair Systems & Information Group. Each group offers specialized services and products tailored to the needs of various industries and applications. The Commercial & Industrial Group offers a wide range of tools and equipment suitable for professional applications in the areas of postal services, railways, transportation, construction, and petrochemicals. The products include hand tools, power tools, specialty tools, measuring equipment, and lifting aids. The Snap-On Tools Group focuses on the automotive industry. It manufactures professional hand tools, power tools, diagnostic equipment, workshop equipment, and specialty tools. Snap-On's products are used by all major car and aircraft manufacturers, and the group also has a strong presence in the motorsport industry. The Repair Systems & Information Group offers specialized software and diagnostic products to help technicians in the automotive and other industries identify and fix faults and problems in vehicles and other devices, as well as optimize processes. This group also develops intelligent devices and connected solutions to support collaborative maintenance. Products Snap-On offers an impressive range of products specialized in meeting the needs of craftsmen and technicians. There are several hundred thousand items available, including hand tools, specialty tools, power tools, lifts, and diagnostic devices. One of Snap-On's most well-known product lines is the "Flank Drive" series of sockets. These sockets have specially shaped surfaces that allow for a perfect connection between the socket and screw head, avoiding slippage of the socket (known as rounding of the corners). This is particularly important in applications where precise fit is required, such as in the manufacture or maintenance of aircraft. Another well-known Snap-On product is the Digital Gravity Scale. This scale is used in the aerospace industry to measure the mass of objects. The device operates on a highly precise weighing platform and can perform measurements with an accuracy of a few hundredths of a gram. Overall, Snap-On is an impressive company that offers invaluable support to many industries and applications with its high-quality tools and equipment. For the craftsman and technician, it is the tools that enable high-quality work - Snap-On has been synonymous with quality and expertise for 100 years. Snap-On ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Snap-On's Equity
Snap-On'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 Snap-On's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Snap-On'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
Snap-On'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 Snap-On’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 Snap-On stock
What was the equity of Snap-On compared to the previous year?
The equity of Snap-On has increased/decreased by 13.17% increased compared to the previous year.
What impact does a high equity have on investors of Snap-On?
A high equity is advantageous for investors of Snap-On 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 Snap-On?
A low equity can be a risk for investors of Snap-On, 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 Snap-On affect the company?
An increase in equity of Snap-On 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 Snap-On affect the company?
A reduction in equity of Snap-On 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 Snap-On?
Some factors that can affect the equity of Snap-On include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Snap-On so important for investors?
The equity of Snap-On 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 Snap-On take to change the equity?
To change equity, Snap-On 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 Snap-On pay?
Over the past 12 months, Snap-On paid a dividend of 6.72 USD . This corresponds to a dividend yield of about 2.34 %. For the coming 12 months, Snap-On is expected to pay a dividend of 7.6 USD.
What is the dividend yield of Snap-On?
The current dividend yield of Snap-On is 2.34 %.
When does Snap-On pay dividends?
Snap-On pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of Snap-On?
Snap-On paid dividends every year for the past 25 years.
What is the dividend of Snap-On?
For the upcoming 12 months, dividends amounting to 7.6 USD are expected. This corresponds to a dividend yield of 2.65 %.
In which sector is Snap-On located?
Snap-On is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Snap-On kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Snap-On from 9/10/2024 amounting to 1.86 USD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.
When did Snap-On pay the last dividend?
The last dividend was paid out on 9/10/2024.
What was the dividend of Snap-On in the year 2023?
In the year 2023, Snap-On distributed 5.88 USD as dividends.
In which currency does Snap-On pay out the dividend?
The dividends of Snap-On are distributed in USD.
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Andere Kennzahlen von Snap-On
Our stock analysis for Snap-On 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 Snap-On Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
