What is the debt of Encore Wire this year?
Encore Wire has a debt level of -560.64 USD this year.
Encore Wire Debt 2025
Encore Wire Debt
-560.64 USD
Ticker
WIRE
ISIN
US2925621052
WKN
892473
In 2025, Encore Wire's total debt was -560.64 USD, a -23.26% change from the -730.6 USD total debt recorded in the previous year.
Encore Wire Aktienanalyse
What does Encore Wire do?
Encore Wire Corp is an American company based in McKinney, Texas, specializing in the production of copper and aluminum wiring products. It was founded in 1989 by Daniel L. Jones and has been traded on NASDAQ under the ticker symbol "WIRE" since its IPO in 1992. The business model of Encore Wire Corp is based on the production and sale of electrical wires used in the construction industry and electrical installations. The company produces a wide range of copper and aluminum wires, including low voltage wire, data and communication cables, and various types of wire products. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers in various industries. Encore Wire Corp started in 1989 with a production area of 40,000 square feet and a production capacity of 2 million pounds of copper wire per month. The company quickly realized that it was able to produce high-quality wire at a better price than its competitors. Within a few years, it expanded its production capacity to over 50 million pounds of copper wire per month. In 1992, Encore Wire Corp went public, allowing it to generate capital to further expand. Over the past decades, the company has continuously invested in its factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp currently operates four production facilities in Texas and Oklahoma. Encore Wire Corp produces a wide range of wires and cables used in various industries, including the construction industry, electrical installations, mechanical engineering, and the automotive industry. Some of Encore Wire Corp's key products include: - Low voltage wire: These wire products are suitable for use in residential and commercial buildings and can be used to power outlets, lighting, and electrical devices. - Data and communication cables: These cable products are used in the IT industry, telecommunications industry, and data centers. - Wire products: Encore Wire Corp also produces a wide range of specialized wire products used in a variety of industries. These include wire bundles, flat wire, wire ropes, and flexible wires. In conclusion, Encore Wire Corp is a reliable and reputable manufacturer of electrical wiring products used in various industries. The company has continuously invested in new technologies and factory facilities to improve its production capacity and manufacturing processes. Encore Wire Corp strives to bring high-quality and reliable products to the market to meet the needs of its customers. Encore Wire ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Encore Wire's Debt Structure
Encore Wire's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Encore Wire's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Encore Wire’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Encore Wire’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Encore Wire stock
What was the debt of Encore Wire compared to the previous year?
The debt of Encore Wire has increased by -23.26% compared to the previous year dropped.
What are the consequences of high debt for investors in Encore Wire?
High debt can pose a risk for investors of Encore Wire, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Encore Wire?
Low debt means that Encore Wire has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Encore Wire affect the company?
An increase in debt of Encore Wire can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Encore Wire affect the company?
A reduction in debt of Encore Wire can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Encore Wire?
Some factors that can influence the debt of Encore Wire include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Encore Wire so important for investors?
The debts of Encore Wire are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Encore Wire take to change the debt?
To change the debt, Encore Wire can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Encore Wire pay?
Over the past 12 months, Encore Wire paid a dividend of 0.08 USD . This corresponds to a dividend yield of about 0.03 %. For the coming 12 months, Encore Wire is expected to pay a dividend of 0.04 USD.
What is the dividend yield of Encore Wire?
The current dividend yield of Encore Wire is 0.03 %.
When does Encore Wire pay dividends?
Encore Wire pays a quarterly dividend. This is distributed in the months of November, February, May, August.
How secure is the dividend of Encore Wire?
Encore Wire paid dividends every year for the past 0 years.
What is the dividend of Encore Wire?
For the upcoming 12 months, dividends amounting to 0.04 USD are expected. This corresponds to a dividend yield of 0.01 %.
In which sector is Encore Wire located?
Encore Wire is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Encore Wire kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Encore Wire from 7/19/2024 amounting to 0.02 USD, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.
When did Encore Wire pay the last dividend?
The last dividend was paid out on 7/19/2024.
What was the dividend of Encore Wire in the year 2024?
In the year 2024, Encore Wire distributed 0.08 USD as dividends.
In which currency does Encore Wire pay out the dividend?
The dividends of Encore Wire are distributed in USD.
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Andere Kennzahlen von Encore Wire
Our stock analysis for Encore Wire 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 Encore Wire Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
