Trecora Resources Stock

Trecora Resources ROA 2024

Trecora Resources ROA

0.02

Ticker

TREC

ISIN

US8946481046

WKN

A116QC

In 2024, Trecora Resources's return on assets (ROA) was 0.02, a 0% increase from the 0 ROA in the previous year.

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.

ROA Details

Understanding Trecora Resources's Return on Assets (ROA)

Trecora Resources'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 Trecora Resources'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 Trecora Resources'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 Trecora Resources’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 Trecora Resources stock

What is the Return on Assets (ROA) of Trecora Resources this year?

The Return on Assets (ROA) of Trecora Resources is 0.02 undefined this year.

What was the ROA of Trecora Resources compared to the previous year?

The ROA of Trecora Resources has increased by 0% compared to the previous year.

What consequences do high ROA have for investors of Trecora Resources?

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

What are the consequences of low ROA for investors in Trecora Resources?

A low ROA can be unfavorable for investors of Trecora Resources 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 Trecora Resources affect the company?

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

How does a reduction in ROA of Trecora Resources impact the company?

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

What are some factors that can influence the ROA of Trecora Resources?

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

Why is the ROA of Trecora Resources important for investors?

The ROA of Trecora Resources 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 Trecora Resources take to improve ROA?

To improve ROA, Trecora Resources 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 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 12/18/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/18/2024.

When did Trecora Resources pay the last dividend?

The last dividend was paid out on 12/18/2024.

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.

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Andere Kennzahlen von Trecora Resources

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