Sona Nanotech Stock

Sona Nanotech ROCE 2024

Sona Nanotech ROCE

-2.44

Ticker

SONA.CN

ISIN

CA83541C1059

WKN

A2N64Z

In 2024, Sona Nanotech's return on capital employed (ROCE) was -2.44, a -137.1% increase from the 6.58 ROCE 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.

ROCE Details

Unraveling Sona Nanotech's Return on Capital Employed (ROCE)

Sona Nanotech'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 Sona Nanotech'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

Sona Nanotech'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 Sona Nanotech’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 Sona Nanotech stock

What is the ROCE (Return on Capital Employed) of Sona Nanotech this year?

The ROCE of Sona Nanotech is -2.44 undefined this year.

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

The ROCE of Sona Nanotech has increased by -137.1% decreased compared to the previous year.

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

A high Return on Capital Employed (ROCE) indicates that Sona Nanotech 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 Sona Nanotech?

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

An increase in the ROCE of Sona Nanotech 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 Sona Nanotech affect the company?

A decrease in ROCE of Sona Nanotech 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 Sona Nanotech?

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

Why is the ROCE of Sona Nanotech so important for investors?

The ROCE of Sona Nanotech 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 Sona Nanotech take to improve the ROCE?

To improve the ROCE, Sona Nanotech 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 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 11/8/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 11/8/2024.

When did Sona Nanotech pay the last dividend?

The last dividend was paid out on 11/8/2024.

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.