Trecora Resources Liabilities 2024

Trecora Resources Aktienanalyse

What does Trecora Resources do?

Trecora Resources is a leading company in the chemical industry and belongs to the petrochemical industry. The company was founded in 1967 under the name Arabian Shield Development Company and has since grown continuously. In 1986, the company was finally renamed Trecora Resources. Trecora Resources is a diversified company specializing in various industries, including petrochemicals, specialty chemicals, and advanced materials. The company produces a variety of products used in many industries, such as the automotive industry, aviation, construction, and many others. The company is headquartered in Sugar Land, Texas, and operates factories in Texas and the Netherlands. The company employs around 300 employees and has an annual revenue of around $200 million. Trecora Resources specializes in four business areas: 1. The company's petrochemical division produces polyethylene wax, paraffin wax, microcrystalline wax, and other products used in many industries, including cosmetics, plastics, paints, and adhesives. 2. The specialty chemicals division manufactures additives, functional materials, resins, and specialty salts. These products are used in many applications, including cosmetics, paper, paints and coatings, and pharmaceutical products. 3. The advanced materials division produces powdered zinc alloys used in transportation, construction, and many other applications. These alloys are particularly durable and lightweight, making them ideal for a variety of applications. 4. The oil and gas production division, operating under the brand name Trecora Resources Oil & Gas, focuses on the exploration and production of oil and gas reserves in Texas. Trecora specializes in natural gas production from deep drilling. In addition to these business units, the company also operates a research and development department focused on developing new products and applications. Trecora Resources continuously invests in research and development of new products and technologies to meet the changing needs of the industry. Trecora Resources has made a name for itself in the industry and is able to serve customer needs due to its product range and ability to offer a variety of technologies. The company consistently focuses on growth and investment in the future, thereby increasing not only revenues but also strengthening its ability to adapt to changing market requirements. Overall, Trecora Resources is a diversified company that, thanks to its wide range of products and commitment to research and development, is an important player in the petrochemical industry. Trecora Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Trecora Resources's Liabilities

Trecora Resources's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Trecora Resources's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Trecora Resources's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Trecora Resources's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Trecora Resources’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Trecora Resources stock

What is the level of liabilities of Trecora Resources this year?

Trecora Resources has a debt balance of 93.57 M USD this year.

What were the liabilities of Trecora Resources compared to the previous year?

The liabilities of Trecora Resources have increased by 0% dropped compared to the previous year.

What are the consequences of high debt for investors of Trecora Resources?

High liabilities can pose a risk for investors of Trecora Resources, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Trecora Resources?

Low liabilities mean that Trecora Resources has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Trecora Resources affect the company?

An increase in liabilities of Trecora Resources can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Trecora Resources affect the company?

A decrease in the liabilities of Trecora Resources can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Trecora Resources?

Some factors that can influence the liabilities of Trecora Resources include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Trecora Resources so important for investors?

The liabilities of Trecora Resources are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Trecora Resources take to modify the liabilities?

To change its liabilities, Trecora Resources can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Trecora Resources pay?

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

What is the dividend yield of Trecora Resources?

The current dividend yield of Trecora Resources is .

When does Trecora Resources pay dividends?

Trecora Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Trecora Resources?

Trecora Resources paid dividends every year for the past 0 years.

What is the dividend of Trecora Resources?

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

In which sector is Trecora Resources located?

Trecora Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Trecora Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Trecora Resources from 10/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/4/2024.

When did Trecora Resources pay the last dividend?

The last dividend was paid out on 10/4/2024.

What was the dividend of Trecora Resources in the year 2023?

In the year 2023, Trecora Resources distributed 0 USD as dividends.

In which currency does Trecora Resources pay out the dividend?

The dividends of Trecora Resources are distributed in USD.