What is the level of liabilities of Snap-On this year?
Snap-On has a debt balance of 2.47 B USD this year.
Snap-On Liabilities 2024
Snap-On Liabilities
2.47 B USD
Ticker
SNA
ISIN
US8330341012
WKN
853887
In 2024, Snap-On's total liabilities amounted to 2.47 B USD, a -0.72% difference from the 2.49 B USD total liabilities 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.Liabilities Details
Assessing Snap-On's Liabilities
Snap-On'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 Snap-On's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Snap-On'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
Snap-On'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 Snap-On’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 Snap-On stock
What were the liabilities of Snap-On compared to the previous year?
The liabilities of Snap-On have increased by -0.72% dropped compared to the previous year.
What are the consequences of high debt for investors of Snap-On?
High liabilities can pose a risk for investors of Snap-On, 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 Snap-On?
Low liabilities mean that Snap-On has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Snap-On affect the company?
An increase in liabilities of Snap-On 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 Snap-On affect the company?
A decrease in the liabilities of Snap-On 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 Snap-On?
Some factors that can influence the liabilities of Snap-On include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Snap-On so important for investors?
The liabilities of Snap-On 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 Snap-On take to modify the liabilities?
To change its liabilities, Snap-On 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 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 2.46 %. 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 2.46 %.
When does Snap-On pay dividends?
Snap-On pays a quarterly dividend. This is distributed in the months of September, December, March, June.
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 2.78 %.
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 6/10/2024 amounting to 1.86 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.
When did Snap-On pay the last dividend?
The last dividend was paid out on 6/10/2024.
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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The Snap-On stock can be added to a savings plan with the following providers: Trade Republic
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.
