Varta AG

XETRA VAR1.DE

Varta AG Return on Assets (ROA) for the year ending December 31, 2022: -15.93%

Varta AG Return on Assets (ROA) is -15.93% for the year ending December 31, 2022, a -258.07% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • Varta AG Return on Assets (ROA) for the year ending December 31, 2021 was 10.08%, a 18.56% change year over year.
  • Varta AG Return on Assets (ROA) for the year ending December 31, 2020 was 8.50%, a 12.79% change year over year.
  • Varta AG Return on Assets (ROA) for the year ending December 31, 2019 was 7.53%, a 19.81% change year over year.
  • Varta AG Return on Assets (ROA) for the year ending December 31, 2018 was 6.29%, a 57.10% change year over year.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio
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XETRA: VAR1.DE

Varta AG

CEO Dr. Michael Tojner
IPO Date Aug. 6, 2007
Location Germany
Headquarters VARTA-Platz 1
Employees 4,049
Sector Utilities
Industries
Description

Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates in two segments, Lithium-Ion Solutions & Microbatteries and Household Batteries. The Lithium-Ion Solutions & Microbatteries segment offers zinc-air batteries primarily for use in hearing aid devices; lithium-ion battery solutions for wireless headphones; wearables, which include medical devices to measure hypertension, blood sugar, and other bodily functions, as well as the power supply for COVID19 antibody tests; and rechargeable battery solutions for industrial and original equipment manufacturers for use in various applications, such as servers, car keys, alarm systems, or smart meters. This segment is also involved in the development, system integration, and assembly of lithium-ion battery packs for portable industrial, communication devices, electric power tool, home, garden, and medical applications. The Household Batteries segment offers household batteries, rechargeable batteries, chargers, power banks, lights, and energy storage systems. The company was founded in 1887 and is headquartered in Ellwangen, Germany. Varta AG is a subsidiary of Montana Tech Components AG.

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StockViz Staff

January 16, 2025

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