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Black Canyon (ASX:BCA) 3-Year RORE % : -96.10% (As of Dec. 2024)


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What is Black Canyon 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. Black Canyon's 3-Year RORE % for the quarter that ended in Dec. 2024 was -96.10%.

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

ASX:BCA's 3-Year RORE % is ranked worse than
93.3% of 2282 companies
in the Metals & Mining industry
Industry Median: -10.8 vs ASX:BCA: -96.10

Black Canyon 3-Year RORE % Historical Data

The historical data trend for Black Canyon'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.

Black Canyon 3-Year RORE % Chart

Black Canyon Annual Data
Trend Jun21 Jun22 Jun23 Jun24
3-Year RORE %
- - - -0.29

Black Canyon Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only - - 0.49 -0.29 -96.10

Competitive Comparison of Black Canyon's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Black Canyon'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.


Black Canyon's 3-Year RORE % Distribution in the Metals & Mining Industry

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

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


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Black Canyon 3-Year RORE % Calculation

Black Canyon's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( -0.027--2 )/( -2.053-0 )
=1.973/-2.053
=-96.10 %

* 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 Dec. 2024 and 3-year before.


Black Canyon  (ASX:BCA) 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.


Black Canyon 3-Year RORE % Related Terms

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Black Canyon Business Description

Traded in Other Exchanges
N/A
Address
283 Rokeby Road, Subiaco, Perth, WA, AUS, 6008
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. It is also engaged in the Braeside, Oakover East, and Oakover West Projects, all part of the Carawine JV. The Braeside tenement contains high-grade hydrothermal manganese mineralisation at Woodie Woodie. Geographically, the company operates within Australia.

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