RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Socket Mobile Stock

Socket Mobile ROCE 2024

Socket Mobile ROCE

-0.16

Ticker

SCKT

ISIN

US83368E2000

WKN

A0RBSN

In 2024, Socket Mobile's return on capital employed (ROCE) was -0.16, a 625.7% increase from the -0.02 ROCE in the previous year.

Socket Mobile Aktienanalyse

What does Socket Mobile do?

Socket Mobile Inc is a US-American company that was founded in 1992 and is headquartered in Newark, California. It emerged from the idea of producing mobile devices for use in retail and healthcare, with the aim of working faster and more efficiently. The model of Socket Mobile is to offer innovative mobile solutions for business processes and mobile data collection for various industries. The company specializes in the development and production of mobile barcode scanners. In addition, it also offers RFID scanners and software solutions for mobile use. The company serves a wide range of industries, including retail, healthcare, hospitality, logistics and transportation, government institutions, and more. An important part of the company is also the individual customization and integration of hardware or software solutions into the customer's infrastructure. Socket Mobile's products include a wide range of mobile barcode scanners that ensure high accuracy and durability. These include the DuraScan® D755, DuraScan® D730, DuraScan® D760, DuraScan® D600, and SocketScan® S840. The DuraScan® D755 is a robust handheld scanner that allows for fast and reliable barcode capture. It comes with a durable battery and Wi-Fi connectivity, making it a great asset for inventory or stock management inquiries. For use in healthcare, there is the DuraScan® D730 with disinfectant-compatible housing options. The SocketScan® S840 is a reliable, durable mobile scanner that is compatible with iOS, Android, and Windows devices. It features a 1D or 2D imaging scan engine and has Bluetooth connectivity. The scanner is also available in a kit that comes with a rugged, protective case and strap, making it perfect for applications across a wide range of industries. Another important product from Socket Mobile is the RFID scanner S550. This scanner is capable of reading RFID tags. The reception areas of RFID allow for quick reading, capturing, and storing of information from RFID tags. With the S550, it is possible to benefit from mobility and speed to accelerate comprehensive processes and ensure accuracy of data. Desinfectability and durability play an important role at Socket Mobile. The robust housings of the scanners and the low-mobility design make them reliable mobile solutions. With the individual cleaning options or the possibility to make the device housing resistant to the effects of disinfectants. Overall, Socket Mobile Inc has achieved a strong position in the field of mobile data collection and barcode technology with its mobile barcode scanners, RFID scanners, and software solutions. The company focuses on offering industry-specific applications with intuitive, user-friendly mobile solutions to enable its customers to work more effectively in the business world. Socket Mobile is therefore an important partner for business owners who need mobile solutions for their business processes. Socket Mobile ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Socket Mobile's Return on Capital Employed (ROCE)

Socket Mobile'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 Socket Mobile'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

Socket Mobile'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 Socket Mobile’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 Socket Mobile stock

What is the ROCE (Return on Capital Employed) of Socket Mobile this year?

The ROCE of Socket Mobile is -0.16 undefined this year.

How has the ROCE (Return on Capital Employed) of Socket Mobile developed compared to the previous year?

The ROCE of Socket Mobile has increased by 625.7% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Socket Mobile?

A high Return on Capital Employed (ROCE) indicates that Socket Mobile 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 Socket Mobile?

A low ROCE (Return on Capital Employed) can indicate that Socket Mobile 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 Socket Mobile impact the company?

An increase in the ROCE of Socket Mobile 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 Socket Mobile affect the company?

A decrease in ROCE of Socket Mobile 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 Socket Mobile?

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

Why is the ROCE of Socket Mobile so important for investors?

The ROCE of Socket Mobile 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 Socket Mobile take to improve the ROCE?

To improve the ROCE, Socket Mobile 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 Socket Mobile pay?

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

What is the dividend yield of Socket Mobile?

The current dividend yield of Socket Mobile is .

When does Socket Mobile pay dividends?

Socket Mobile pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Socket Mobile?

Socket Mobile paid dividends every year for the past 0 years.

What is the dividend of Socket Mobile?

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

In which sector is Socket Mobile located?

Socket Mobile is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Socket Mobile kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Socket Mobile from 10/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/5/2024.

When did Socket Mobile pay the last dividend?

The last dividend was paid out on 10/5/2024.

What was the dividend of Socket Mobile in the year 2023?

In the year 2023, Socket Mobile distributed 0 USD as dividends.

In which currency does Socket Mobile pay out the dividend?

The dividends of Socket Mobile are distributed in USD.

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Andere Kennzahlen von Socket Mobile

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