Torque Metals (ASX:TOR) Total Payout Ratio : 1.30 (As of Jun. 14, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Torque Metals Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Torque Metals's current Total Payout Ratio is 1.30.

Torque Metals Total Payout Ratio Historical Data

The historical data trend for Torque Metals's Total Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Torque Metals Total Payout Ratio Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Total Payout Ratio

3.65

1.37

1.12

Torque Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Payout Ratio	Get a 7-Day Free Trial			0.25	1.72	-	-	2.43

Competitive Comparison of Torque Metals's Total Payout Ratio

For the Gold subindustry, Torque Metals's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Torque Metals's Total Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Torque Metals's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Torque Metals's Total Payout Ratio falls into.

Torque Metals Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Torque Metals's Total Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (-0.15	+	2.5	+	0)	/	-2.094
	=	1.12

Torque Metals's Total Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (-0.245	+	4.366	+	0)	/	-1.697
	=	2.43

Torque Metals Total Payout Ratio Related Terms

Thank you for viewing the detailed overview of Torque Metals's Total Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Torque Metals (ASX:TOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

Torque Metals (ASX:TOR) Headlines

No Headlines