Sona Nanotech Stock

Sona Nanotech ROA 2024

Sona Nanotech ROA

-0.91

Ticker

SONA.CN

ISIN

CA83541C1059

WKN

A2N64Z

In 2024, Sona Nanotech's return on assets (ROA) was -0.91, a -79.94% increase from the -4.53 ROA in the previous year.

Sona Nanotech Aktienanalyse

What does Sona Nanotech do?

Sona Nanotech Inc. is an innovative company specializing in the development and commercialization of highly specific, ultrasensitive diagnostic tests for the medical sector. The Canadian company, headquartered in Halifax, was founded in 2012 and has since become a global leader in nanoparticle diagnostics. The idea for the establishment of Sona Nanotech was based on the research of founders Dr. Gerrard Marangoni and Dr. Kulbir Singh. The two scientists worked at Dalhousie University in Nova Scotia and developed a novel technology to detect specific target molecules in blood or urine. This technology is based on the use of gold nanoparticles coated with specific antibodies or aptamers. The purpose of these nanoparticles is to detect specific molecules in blood or urine and confirm their presence or absence as a result of analysis. Sona Nanotech's business model involves the development, manufacturing, and distribution of these nanoparticles. The company offers a wide range of diagnostic test services, with a focus on developing specific tests for various diseases. To this end, Sona Nanotech has established its own research and development department, which works closely with clinics, hospitals, and government agencies to better understand and respond to the needs of the medical community. Sona Nanotech is divided into several business areas. The main area is the sale of diagnostic tests, such as Covid-19 rapid tests, for the medical sector. These tests have been developed to detect the presence of viral particles in blood or urine. Sona Nanotech also offers specific tests for other diseases such as cancer or HIV. In addition to these standard tests, the company also offers customized solutions for the medical sector. Another business field of Sona Nanotech is research and development in the field of nanoparticle diagnostics. The company heavily invests in the advancement of its technology and continuously works on new applications for its nanoparticles. This also includes collaboration with scientific institutions and partners in the field of nanotechnology. In recent years, Sona Nanotech has significantly expanded its presence in the global market. The company works with partners around the world and operates its own branches in the United States and Europe. The product range has also been expanded: In addition to diagnostic tests, the company also offers various products based on its nanoparticle technology. This includes special color markers for the detection of viruses and bacteria, as well as products for environmental monitoring and food safety. Sona Nanotech has quickly become one of the leading companies in the field of nanoparticle diagnostics. The company is proud to actively contribute to improving medical care and saving lives. By continuing research and development in the field of nanoparticles, the company hopes to develop new and innovative solutions for the medical sector in the future. Sona Nanotech ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Sona Nanotech's Return on Assets (ROA)

Sona Nanotech's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Sona Nanotech's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Sona Nanotech's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Sona Nanotech’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Sona Nanotech stock

What is the Return on Assets (ROA) of Sona Nanotech this year?

The Return on Assets (ROA) of Sona Nanotech is -0.91 undefined this year.

What was the ROA of Sona Nanotech compared to the previous year?

The ROA of Sona Nanotech has increased by -79.94% compared to the previous year.

What consequences do high ROA have for investors of Sona Nanotech?

A high ROA is advantageous for investors of Sona Nanotech, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Sona Nanotech?

A low ROA can be unfavorable for investors of Sona Nanotech as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Sona Nanotech affect the company?

An increase in ROA of Sona Nanotech can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Sona Nanotech impact the company?

A reduction in the ROA of Sona Nanotech can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Sona Nanotech?

Some factors that can influence the ROA of Sona Nanotech include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Sona Nanotech important for investors?

The ROA of Sona Nanotech is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Sona Nanotech take to improve ROA?

To improve ROA, Sona Nanotech can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Sona Nanotech pay?

Over the past 12 months, Sona Nanotech paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Sona Nanotech is expected to pay a dividend of 0 CAD.

What is the dividend yield of Sona Nanotech?

The current dividend yield of Sona Nanotech is .

When does Sona Nanotech pay dividends?

Sona Nanotech pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Sona Nanotech?

Sona Nanotech paid dividends every year for the past 0 years.

What is the dividend of Sona Nanotech?

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

In which sector is Sona Nanotech located?

Sona Nanotech is assigned to the 'Health' sector.

Wann musste ich die Aktien von Sona Nanotech kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sona Nanotech from 9/19/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.

When did Sona Nanotech pay the last dividend?

The last dividend was paid out on 9/19/2024.

What was the dividend of Sona Nanotech in the year 2023?

In the year 2023, Sona Nanotech distributed 0 CAD as dividends.

In which currency does Sona Nanotech pay out the dividend?

The dividends of Sona Nanotech are distributed in CAD.

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Andere Kennzahlen von Sona Nanotech

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