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TDACW (Trident Acquisitions) 10-Year RORE % : 0.00% (As of Jun. 2021)


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What is Trident Acquisitions 10-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. Trident Acquisitions does not have enough data to calculate 10-Year RORE %.


Trident Acquisitions 10-Year RORE % Historical Data

The historical data trend for Trident Acquisitions's 10-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.

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Trident Acquisitions 10-Year RORE % Chart

Trident Acquisitions Annual Data
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10-Year RORE %
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Trident Acquisitions Semi-Annual Data
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Competitive Comparison of Trident Acquisitions's 10-Year RORE %

For the Shell Companies subindustry, Trident Acquisitions's 10-Year RORE %, along with its competitors' market caps and 10-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.


Trident Acquisitions's 10-Year RORE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trident Acquisitions's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Trident Acquisitions's 10-Year RORE % falls into.



Trident Acquisitions 10-Year RORE % Calculation

Trident Acquisitions's 10-Year RORE % for the quarter that ended in Jun. 2021 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( - )/( - )
=/
=N/A %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jun. 2021 and 10-year before.


Trident Acquisitions  (NAS:TDACW) 10-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, 10-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.


Trident Acquisitions 10-Year RORE % Related Terms

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Trident Acquisitions Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
77 Water Street, Floor 8, New York, NY, USA, 10005
Trident Acquisitions Corp is a blank check company. The firm intends to focus its search on target businesses operating in oil and gas or other natural resources companies in Eastern Europe.