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Atrum Coal (ASX:ATU) 3-Year RORE % : -60.42% (As of Jun. 2023)


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What is Atrum Coal 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. Atrum Coal's 3-Year RORE % for the quarter that ended in Jun. 2023 was -60.42%.

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

ASX:ATU's 3-Year RORE % is not ranked
in the Steel industry.
Industry Median: -4.82 vs ASX:ATU: -60.42

Atrum Coal 3-Year RORE % Historical Data

The historical data trend for Atrum Coal'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.

Atrum Coal 3-Year RORE % Chart

Atrum Coal Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.67 31.71 -25.58 -45.76 -

Atrum Coal Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -25.58 -23.75 -45.76 -60.42 -

Competitive Comparison of Atrum Coal's 3-Year RORE %

For the Coking Coal subindustry, Atrum Coal'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.


Atrum Coal's 3-Year RORE % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Atrum Coal's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Atrum Coal's 3-Year RORE % falls into.



Atrum Coal 3-Year RORE % Calculation

Atrum Coal's 3-Year RORE % for the quarter that ended in Jun. 2023 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--0.014 )/( -0.028-0 )
=0.009/-0.028
=-32.14 %

* 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 Jun. 2023 and 3-year before.


Atrum Coal  (ASX:ATU) 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.


Atrum Coal 3-Year RORE % Related Terms

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Atrum Coal (ASX:ATU) Business Description

Traded in Other Exchanges
N/A
Address
Level 5, 126 Phillip Street, Sydney, NSW, AUS, 2000
Atrum Coal Ltd is engaged in hard coking coal exploration and development in Alberta, Canada and anthracite in British Columbia, Canada. Its flagship asset is the 100%-owned Elan Hard Coking Coal Project, which is located in the Crowsnest Pass area of southern Alberta, Canada. Elan hosts large-scale, shallow, thick, Tier 1 hard coking coal (HCC) deposits of the Mist Mountain Formation. Its project includes Groundhog and Panorama Anthracite Project located in northern British Columbia, Canada.

Atrum Coal (ASX:ATU) Headlines

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