Mijem Newcomm Tech (XCNQ:MJEM) Total Payout Ratio : 0.00 (As of May. 23, 2024)

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What is Mijem Newcomm Tech 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.

Mijem Newcomm Tech's current Total Payout Ratio is 0.00.

Mijem Newcomm Tech Total Payout Ratio Historical Data

The historical data trend for Mijem Newcomm Tech'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.

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Mijem Newcomm Tech Total Payout Ratio Chart

Mijem Newcomm Tech Annual Data

Trend

Dec20

Jul21

Jul22

Jul23

Total Payout Ratio

0.85

Mijem Newcomm Tech Quarterly Data
	Oct20	Jun21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Payout Ratio	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Mijem Newcomm Tech's Total Payout Ratio

For the Software - Application subindustry, Mijem Newcomm Tech'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.

Mijem Newcomm Tech's Total Payout Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mijem Newcomm Tech's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mijem Newcomm Tech's Total Payout Ratio falls into.

Mijem Newcomm Tech 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.

Mijem Newcomm Tech's Total Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	0)	/	-0.771
	=	0.00

Mijem Newcomm Tech's Total Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0	+	0)	/	-0.024
	=	0.00

Mijem Newcomm Tech Total Payout Ratio Related Terms

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Mijem Newcomm Tech (XCNQ:MJEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mijem Newcomm Tech Inc (XCNQ:MJEM) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Carroll St, Toronto, ON, CAN, M4M 3G3

Website

https://www.mijem.com

Mijem Newcomm Tech Inc is engaged in the development and monetization of online and mobile applications.

Mijem Newcomm Tech (XCNQ:MJEM) Headlines

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