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Summit Wireless Technologies Stock

Summit Wireless Technologies ROA 2024

Summit Wireless Technologies ROA

-5.2

Ticker

WISA

ISIN

US86633R2031

WKN

A2P20Z

In 2024, Summit Wireless Technologies's return on assets (ROA) was -5.2, a 268.73% increase from the -1.41 ROA in the previous year.

Summit Wireless Technologies Aktienanalyse

What does Summit Wireless Technologies do?

Summit Wireless Technologies Inc was founded in 2010 and is based in California, USA. The company specializes in the development of innovative wireless audio and video transmission technologies. It works with various companies to integrate its technology into their products. Summit Wireless Technologies' business model is to provide wireless audio and video transmission solutions based on the WiSA Alliance technology. WiSA is an alliance of over 60 leading electronics companies working together to develop standard wireless high-definition audio and video transmission technologies. WiSA technology allows users to enjoy high-end audio and video content without the restrictions of cables and connectors. One of Summit Wireless Technologies' main areas of focus is the development of chipsets and modules for wireless audio and video transmission products. These chipsets and modules can be integrated into various devices such as speakers, soundbars, receivers, and televisions, allowing users to enjoy high-end audio and video quality without cables and connectors. Summit Wireless also offers a range of audio and video products equipped with WiSA technology. One of its most well-known creations is the Wireless Home Theater Hub, which aims to provide a seamless wireless connection between various entertainment systems, including TV, laptop, tablet, and smartphones. With this solution, it is easy to enjoy the home entertainment system wirelessly and with stunning sound quality. The company also has a strong presence in the OEM production sector, where Summit Wireless Technologies supports companies in integrating WiSA technology into their own products. Summit Wireless is proud to supply its technologies to renowned customers such as LG, Bang & Olufsen, and the Gibson Audio brand Philips. Overall, Summit Wireless Technologies is a pioneer in wireless audio and video transmission and is one of the leading players in the industry. Through its collaboration with the WiSA Alliance, Summit Wireless Technologies is well positioned to play a leading role in the wireless entertainment industry. With a high pace of innovation and a wide range of products and solutions, Summit Wireless Technologies is a company that the industry should pay attention to. Summit Wireless Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Summit Wireless Technologies's Return on Assets (ROA)

Summit Wireless Technologies'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 Summit Wireless Technologies'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 Summit Wireless Technologies'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 Summit Wireless Technologies’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 Summit Wireless Technologies stock

What is the Return on Assets (ROA) of Summit Wireless Technologies this year?

The Return on Assets (ROA) of Summit Wireless Technologies is -5.2 undefined this year.

What was the ROA of Summit Wireless Technologies compared to the previous year?

The ROA of Summit Wireless Technologies has increased by 268.73% compared to the previous year.

What consequences do high ROA have for investors of Summit Wireless Technologies?

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

What are the consequences of low ROA for investors in Summit Wireless Technologies?

A low ROA can be unfavorable for investors of Summit Wireless Technologies 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 Summit Wireless Technologies affect the company?

An increase in ROA of Summit Wireless Technologies can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Summit Wireless Technologies impact the company?

A reduction in the ROA of Summit Wireless Technologies can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Summit Wireless Technologies?

Some factors that can influence the ROA of Summit Wireless Technologies include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Summit Wireless Technologies important for investors?

The ROA of Summit Wireless Technologies 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 Summit Wireless Technologies take to improve ROA?

To improve ROA, Summit Wireless Technologies 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 Summit Wireless Technologies pay?

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

What is the dividend yield of Summit Wireless Technologies?

The current dividend yield of Summit Wireless Technologies is .

When does Summit Wireless Technologies pay dividends?

Summit Wireless Technologies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Summit Wireless Technologies?

Summit Wireless Technologies paid dividends every year for the past 0 years.

What is the dividend of Summit Wireless Technologies?

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

In which sector is Summit Wireless Technologies located?

Summit Wireless Technologies is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Summit Wireless Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Summit Wireless Technologies from 11/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/5/2024.

When did Summit Wireless Technologies pay the last dividend?

The last dividend was paid out on 11/5/2024.

What was the dividend of Summit Wireless Technologies in the year 2023?

In the year 2023, Summit Wireless Technologies distributed 0 USD as dividends.

In which currency does Summit Wireless Technologies pay out the dividend?

The dividends of Summit Wireless Technologies are distributed in USD.

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Andere Kennzahlen von Summit Wireless Technologies

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