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Volt Carbon Technologies (Volt Carbon Technologies) 3-Year RORE % : -33.33% (As of Jan. 2024)


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What is Volt Carbon Technologies 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Volt Carbon Technologies's 3-Year RORE % for the quarter that ended in Jan. 2024 was -33.33%.

The industry rank for Volt Carbon Technologies's 3-Year RORE % or its related term are showing as below:

TORVF's 3-Year RORE % is ranked worse than
66.54% of 2128 companies
in the Metals & Mining industry
Industry Median: -11.11 vs TORVF: -33.33

Volt Carbon Technologies 3-Year RORE % Historical Data

The historical data trend for Volt Carbon Technologies's 3-Year RORE % 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.

Volt Carbon Technologies 3-Year RORE % Chart

Volt Carbon Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.48 22.22 11.11 -39.71 -26.47

Volt Carbon Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -41.18 -46.38 -56.52 -26.47 -33.33

Competitive Comparison of Volt Carbon Technologies's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Volt Carbon Technologies's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Volt Carbon Technologies's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Volt Carbon Technologies's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Volt Carbon Technologies's 3-Year RORE % falls into.



Volt Carbon Technologies 3-Year RORE % Calculation

Volt Carbon Technologies's 3-Year RORE % for the quarter that ended in Jan. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -0.005--0.016 )/( -0.033-0 )
=0.011/-0.033
=-33.33 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jan. 2024 and 3-year before.


Volt Carbon Technologies  (OTCPK:TORVF) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Volt Carbon Technologies 3-Year RORE % Related Terms

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Volt Carbon Technologies (Volt Carbon Technologies) Business Description

Traded in Other Exchanges
Address
70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2
Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration and development segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment focuses on the scientific study and technology applications for air classifier and battery development.

Volt Carbon Technologies (Volt Carbon Technologies) Headlines