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Recharge Metals (ASX:REC) 3-Year RORE % : 0.00% (As of Dec. 2023)


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What is Recharge Metals 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. Recharge Metals's 3-Year RORE % for the quarter that ended in Dec. 2023 was 0.00%.

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

ASX:REC's 3-Year RORE % is not ranked *
in the Metals & Mining industry.
Industry Median: -10.34
* Ranked among companies with meaningful 3-Year RORE % only.

Recharge Metals 3-Year RORE % Historical Data

The historical data trend for Recharge Metals'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.

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Recharge Metals 3-Year RORE % Chart

Recharge Metals Annual Data
Trend Jun22 Jun23 Jun24
3-Year RORE %
- - -

Recharge Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
3-Year RORE % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Recharge Metals's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Recharge Metals'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.


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

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

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



Recharge Metals 3-Year RORE % Calculation

Recharge Metals's 3-Year RORE % for the quarter that ended in Dec. 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 )
=( - )/( -0.079-0 )
=/-0.079
=0.00 %

* 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. 2023 and 3-year before.


Recharge Metals  (ASX:REC) 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.


Recharge Metals 3-Year RORE % Related Terms

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Recharge Metals Business Description

Traded in Other Exchanges
N/A
Address
25 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Recharge Metals Ltd is a mineral exploration company. Its principal activities include acquiring and developing a portfolio of exploration properties. The company's projects include; the Express Lithium Project, the Wapistan Lithium Project, the Newnham Lake Uranium Lithium Project in Canada, and the Brandy Hill South Project in Western Australia. It operates in a single segment, being mineral exploration in Australia.

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