What is the equity of Solitaire Machine Tools this year?
Solitaire Machine Tools has equity of 180.44 M INR this year.
In 2024, Solitaire Machine Tools's equity was 180.44 M INR, a 13.41% increase from the 159.1 M INR equity in the previous year.
Solitaire Machine Tools'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 Solitaire Machine Tools's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Solitaire Machine Tools'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.
Solitaire Machine Tools'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.
Fluctuations in Solitaire Machine Tools’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.
Solitaire Machine Tools has equity of 180.44 M INR this year.
The equity of Solitaire Machine Tools has increased/decreased by 13.41% increased compared to the previous year.
A high equity is advantageous for investors of Solitaire Machine Tools as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Solitaire Machine Tools, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Solitaire Machine Tools can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Solitaire Machine Tools can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Solitaire Machine Tools include profits, dividend payments, capital increases, and acquisitions.
The equity of Solitaire Machine Tools 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.
To change equity, Solitaire Machine Tools 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.
Over the past 12 months, Solitaire Machine Tools paid a dividend of 1.75 INR . This corresponds to a dividend yield of about 1.79 %. For the coming 12 months, Solitaire Machine Tools is expected to pay a dividend of 1.75 INR.
The current dividend yield of Solitaire Machine Tools is 1.79 %.
Solitaire Machine Tools pays a quarterly dividend. This is distributed in the months of August, August, July, July.
Solitaire Machine Tools paid dividends every year for the past 7 years.
For the upcoming 12 months, dividends amounting to 1.75 INR are expected. This corresponds to a dividend yield of 1.79 %.
Solitaire Machine Tools is assigned to the 'Industry' sector.
To receive the latest dividend of Solitaire Machine Tools from 7/29/2024 amounting to 1.75 INR, you needed to have the stock in your portfolio before the ex-date on 6/21/2024.
The last dividend was paid out on 7/29/2024.
In the year 2023, Solitaire Machine Tools distributed 1.5 INR as dividends.
The dividends of Solitaire Machine Tools are distributed in INR.
Our stock analysis for Solitaire Machine Tools 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 Solitaire Machine Tools Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.