Vinco Ventures - Stock

Vinco Ventures ROA 2024

Vinco Ventures ROA

-1.76

Ticker

BBIG

ISIN

US9273301005

WKN

A2QHDQ

In 2024, Vinco Ventures's return on assets (ROA) was -1.76, a 0% increase from the 0 ROA in the previous year.

Vinco Ventures Aktienanalyse

What does Vinco Ventures do?

Vinco Ventures Inc. is an entertainment and technology company based in the USA, specializing in developing innovative solutions and offerings for customers in various industries. The company's history dates back to 2014 when it entered the market as a holding company under the name Edison Nation, focusing on promoting product ideas from individuals and businesses. Vinco Ventures has offered a wide range of products and services throughout its history to excite its customers. It started by collecting innovative ideas for products contributed by inventors and customers. Edison Nation later established a subsidiary, paid for advancements in the medical device and digital marketing fields. In 2019, the company was renamed Vinco Ventures, and in 2020, it acquired Lomotif App, a social short video platform that had over 225,000 users during its development. Since 2020, the company has expanded its business scope and developed active and passive investments. Vinco Ventures develops, produces, and distributes various formats and platforms in the digital and analog entertainment industry, including its involvement in the production company Crush media Ltd. Vinco Ventures offers targeted production and marketing services for TV, film, music, fashion, sports, and advertising. The focus is on personalized live events and programming for a young audience. Another important area for Vinco Ventures is the development and provision of virtual and augmented reality services, enabling companies to elevate their presence and interactivity to a new level. The company helps clients create interactive 3D models, animations, and graphics for various applications and industries. Vinco Ventures has also established a department for Direct Response Marketing, specialized in marketing strategies and materials for direct sales companies and multilevel marketing firms. Customized strategies and sales funnels are created for a variety of products and services to achieve a high level of engagement and response rate. In addition to the aforementioned business areas, Vinco Ventures also operates e-commerce companies to provide digital solutions for customers in various industries. Customized and tailor-made e-commerce platforms are developed to meet specific requirements. Overall, Vinco Ventures offers a wide range of playgrounds and emphasizes innovation, creative thinking, and strategic planning. The company aims to meet the needs of its customers and thrill them with innovative products and services. It has undergone significant development in recent years and is on its way to taking a leading role in the entertainment and technology industry. Vinco Ventures ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Vinco Ventures's Return on Assets (ROA)

Vinco Ventures'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 Vinco Ventures'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 Vinco Ventures'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 Vinco Ventures’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 Vinco Ventures Stock

What is the Return on Assets (ROA) of Vinco Ventures this year?

The Return on Assets (ROA) of Vinco Ventures is -1.76 undefined this year.

What was the ROA of Vinco Ventures compared to the previous year?

The ROA of Vinco Ventures has increased by 0% compared to the previous year.

What consequences do high ROA have for investors of Vinco Ventures?

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

What are the consequences of low ROA for investors in Vinco Ventures?

A low ROA can be unfavorable for investors of Vinco Ventures 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 Vinco Ventures affect the company?

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

How does a reduction in ROA of Vinco Ventures impact the company?

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

What are some factors that can influence the ROA of Vinco Ventures?

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

Why is the ROA of Vinco Ventures important for investors?

The ROA of Vinco Ventures 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 Vinco Ventures take to improve ROA?

To improve ROA, Vinco Ventures 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 Vinco Ventures pay?

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

What is the dividend yield of Vinco Ventures?

The current dividend yield of Vinco Ventures is .

When does Vinco Ventures pay dividends?

Vinco Ventures pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Vinco Ventures?

Vinco Ventures paid dividends every year for the past 0 years.

What is the dividend of Vinco Ventures?

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

In which sector is Vinco Ventures located?

Vinco Ventures is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Vinco Ventures kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Vinco Ventures from 6/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/20/2024.

When did Vinco Ventures pay the last dividend?

The last dividend was paid out on 6/20/2024.

What was the dividend of Vinco Ventures in the year 2023?

In the year 2023, Vinco Ventures distributed 0 USD as dividends.

In which currency does Vinco Ventures pay out the dividend?

The dividends of Vinco Ventures are distributed in USD.

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Andere Kennzahlen von Vinco Ventures

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