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Sovos Brands Stock

Sovos Brands ROA 2024

Sovos Brands ROA

0.02

Ticker

SOVO

ISIN

US84612U1079

In 2024, Sovos Brands's return on assets (ROA) was 0.02, a -152.92% increase from the -0.05 ROA in the previous year.

Sovos Brands Aktienanalyse

What does Sovos Brands do?

Sovos Brands Inc. is an American food manufacturer and brand holder based in Berkeley, California. The company was founded in 2017 by Todd Lachman and has since experienced significant growth. Sovos Brands aims to produce food that meets the needs and desires of consumers while focusing on sustainability aspects. The company's history involves Todd Lachman, an experienced food manager who previously worked at chocolate manufacturer Mars. Lachman has over 30 years of experience in the food industry and has held important positions at renowned companies such as Nestle, Mars, and Del Monte. Sovos Brands has an innovative business model that aims to create food brands tailored to consumer needs. The company has acquired several brands, including Rao's Homemade, Michael Angelo's, Noosa Yoghurt, and Birch Benders. It strives to maintain the quality of these products while using sustainable packaging, transparent labeling, and healthy ingredients to ensure high customer satisfaction. The company has various divisions, including production and sales departments. The main production facility is located in Houston, Texas, where the company's various brands are manufactured. Sovos Brands sells its products in various retail stores and online platforms. The company has added a range of well-known brands to its portfolio, such as the Italian pasta sauce company Rao's Homemade and the organic yogurt company Noosa Yoghurt. It also owns Michael Angelo's, a company specializing in Italian meals, and Birch Benders, which offers pancake and baking mixes. Sovos Brands offers a wide range of products, including pasta sauces, organic yogurt, frozen meals, and pancake and baking mixes. One product of note is Noosa Yoghurt, which features unique flavors and quickly became one of the most popular organic yogurts in the US. It is lactose-free, made without artificial flavors and colors, and provides a creamy, smooth, yet thick texture experience. The company is also investing in sustainable packaging. Sovos Brands is currently testing a new generation of plant-based packaging materials. Lachman has emphasized that the company will be able to find an environmentally friendly packaging solution without compromising on product quality and customer benefit. In conclusion, Sovos Brands is an innovative food manufacturer and brand holder that strives to meet the needs and desires of consumers. The company has an impressive history, a unique business model, and is investing in sustainable packaging and the use of healthy ingredients. With its various divisions and products, the company has a strong presence in the American market. Sovos Brands ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Sovos Brands's Return on Assets (ROA)

Sovos Brands'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 Sovos Brands'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 Sovos Brands'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 Sovos Brands’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 Sovos Brands stock

What is the Return on Assets (ROA) of Sovos Brands this year?

The Return on Assets (ROA) of Sovos Brands is 0.02 undefined this year.

What was the ROA of Sovos Brands compared to the previous year?

The ROA of Sovos Brands has increased by -152.92% compared to the previous year.

What consequences do high ROA have for investors of Sovos Brands?

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

What are the consequences of low ROA for investors in Sovos Brands?

A low ROA can be unfavorable for investors of Sovos Brands 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 Sovos Brands affect the company?

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

How does a reduction in ROA of Sovos Brands impact the company?

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

What are some factors that can influence the ROA of Sovos Brands?

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

Why is the ROA of Sovos Brands important for investors?

The ROA of Sovos Brands 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 Sovos Brands take to improve ROA?

To improve ROA, Sovos Brands 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 Sovos Brands pay?

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

What is the dividend yield of Sovos Brands?

The current dividend yield of Sovos Brands is .

When does Sovos Brands pay dividends?

Sovos Brands pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Sovos Brands?

Sovos Brands paid dividends every year for the past 0 years.

What is the dividend of Sovos Brands?

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

In which sector is Sovos Brands located?

Sovos Brands is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Sovos Brands kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sovos Brands from 9/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/29/2024.

When did Sovos Brands pay the last dividend?

The last dividend was paid out on 9/29/2024.

What was the dividend of Sovos Brands in the year 2023?

In the year 2023, Sovos Brands distributed 0 USD as dividends.

In which currency does Sovos Brands pay out the dividend?

The dividends of Sovos Brands are distributed in USD.

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Andere Kennzahlen von Sovos Brands

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