Universal Stainless & Alloy Products Stock

Universal Stainless & Alloy Products ROA 2024

Universal Stainless & Alloy Products ROA

0.01

Ticker

USAP

ISIN

US9138371003

WKN

923569

In 2024, Universal Stainless & Alloy Products's return on assets (ROA) was 0.01, a -161.74% increase from the -0.02 ROA in the previous year.

Universal Stainless & Alloy Products Aktienanalyse

What does Universal Stainless & Alloy Products do?

Universal Stainless & Alloy Products Inc., or Universal Stainless, is a US-based company specializing in the production of specialized stainless steel and alloy materials. The company was founded in 1994 and is headquartered in Bridgeville, Pennsylvania, USA. However, the history of Universal Stainless dates back much further. The origins of the company can be traced back to 1924 when the then Titusville Iron Company entered the production of stainless steel. Over the following years, the company underwent extensive restructuring and changes in management before adopting the new name "Universal Stainless & Alloy Products Inc." in 1994. Universal Stainless' business model is based on the manufacturing of stainless steel and alloy materials used in various industries including aerospace, energy, oil and gas, chemical, medical, as well as tool and equipment manufacturing. One of the main divisions of Universal Stainless is the production of stainless steel grades such as 400, 300, and 200 series with different alloys including nickel, chromium, and molybdenum. These materials are known for their high corrosion resistance, reliability, and durability. Universal Stainless also offers a wide range of specialty alloys such as Invar, Kovar, Hastelloy, Inconel, and Monel. Another significant division of Universal Stainless is the production of forgings made of stainless and alloy steel used in various applications. The company is capable of producing forgings weighing up to 25,000 pounds and sizes up to 110 inches to meet the needs of different customers. In addition to manufacturing stainless steel and alloy materials, Universal Stainless also operates a service center business, providing sheets, plates, round bars, hex bars, flat bars, and wire in various sizes and alloys. Universal Stainless has a robust production infrastructure, including multiple melting furnaces, continuous casting machines, and hot rolling mills. The company has production facilities in Bridgeville and North Jackson, Ohio, USA. Universal Stainless places a high importance on quality and control and subjects all materials to rigorous testing to ensure they meet high standards. In recent times, Universal Stainless has taken a number of initiatives to enhance its competitive position and future growth prospects, including a stronger presence in the aerospace sector, supplying products to aircraft and satellite manufacturers. Overall, Universal Stainless & Alloy Products Inc. has established itself as a leading provider of stainless steel and alloy materials. The company serves a variety of industries and offers a wide range of tailored products to meet customer needs. With a strong production infrastructure and a strong focus on quality and control, Universal Stainless is well-positioned to play a significant role in the global steel industry in the future. Universal Stainless & Alloy Products ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Universal Stainless & Alloy Products's Return on Assets (ROA)

Universal Stainless & Alloy Products'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 Universal Stainless & Alloy Products'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 Universal Stainless & Alloy Products'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 Universal Stainless & Alloy Products’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 Universal Stainless & Alloy Products stock

What is the Return on Assets (ROA) of Universal Stainless & Alloy Products this year?

The Return on Assets (ROA) of Universal Stainless & Alloy Products is 0.01 undefined this year.

What was the ROA of Universal Stainless & Alloy Products compared to the previous year?

The ROA of Universal Stainless & Alloy Products has increased by -161.74% compared to the previous year.

What consequences do high ROA have for investors of Universal Stainless & Alloy Products?

A high ROA is advantageous for investors of Universal Stainless & Alloy Products, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Universal Stainless & Alloy Products?

A low ROA can be unfavorable for investors of Universal Stainless & Alloy Products 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 Universal Stainless & Alloy Products affect the company?

An increase in ROA of Universal Stainless & Alloy Products can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Universal Stainless & Alloy Products impact the company?

A reduction in the ROA of Universal Stainless & Alloy Products can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Universal Stainless & Alloy Products?

Some factors that can influence the ROA of Universal Stainless & Alloy Products include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Universal Stainless & Alloy Products important for investors?

The ROA of Universal Stainless & Alloy Products 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 Universal Stainless & Alloy Products take to improve ROA?

To improve ROA, Universal Stainless & Alloy Products 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 Universal Stainless & Alloy Products pay?

Over the past 12 months, Universal Stainless & Alloy Products paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Universal Stainless & Alloy Products is expected to pay a dividend of 0 USD.

What is the dividend yield of Universal Stainless & Alloy Products?

The current dividend yield of Universal Stainless & Alloy Products is .

When does Universal Stainless & Alloy Products pay dividends?

Universal Stainless & Alloy Products pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Universal Stainless & Alloy Products?

Universal Stainless & Alloy Products paid dividends every year for the past 0 years.

What is the dividend of Universal Stainless & Alloy Products?

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

In which sector is Universal Stainless & Alloy Products located?

Universal Stainless & Alloy Products is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Universal Stainless & Alloy Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Universal Stainless & Alloy Products from 8/24/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/24/2024.

When did Universal Stainless & Alloy Products pay the last dividend?

The last dividend was paid out on 8/24/2024.

What was the dividend of Universal Stainless & Alloy Products in the year 2023?

In the year 2023, Universal Stainless & Alloy Products distributed 0 USD as dividends.

In which currency does Universal Stainless & Alloy Products pay out the dividend?

The dividends of Universal Stainless & Alloy Products are distributed in USD.

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Andere Kennzahlen von Universal Stainless & Alloy Products

Our stock analysis for Universal Stainless & Alloy Products 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 Universal Stainless & Alloy Products Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.