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Zidane Capital (TSXV:ZZE.H) 3-Year RORE % : 0.00% (As of Jan. 2024)


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What is Zidane Capital 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. Zidane Capital's 3-Year RORE % for the quarter that ended in Jan. 2024 was 0.00%.

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

TSXV:ZZE.H's 3-Year RORE % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -2.72
* Ranked among companies with meaningful 3-Year RORE % only.

Zidane Capital 3-Year RORE % Historical Data

The historical data trend for Zidane Capital'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.

Zidane Capital 3-Year RORE % Chart

Zidane Capital Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.02 -7.26 -45.24 -67.39 -

Zidane Capital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -67.39 -59.46 -51.43 6.25 -

Competitive Comparison of Zidane Capital's 3-Year RORE %

For the Shell Companies subindustry, Zidane Capital'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.


Zidane Capital's 3-Year RORE % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Zidane Capital's 3-Year RORE % distribution charts can be found below:

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



Zidane Capital 3-Year RORE % Calculation

Zidane Capital's 3-Year RORE % for the quarter that ended in Jan. 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 )
=( -0.005--0.005 )/( -0.015-0 )
=0/-0.015
=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 Jan. 2024 and 3-year before.


Zidane Capital  (TSXV:ZZE.H) 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.


Zidane Capital 3-Year RORE % Related Terms

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Zidane Capital (TSXV:ZZE.H) Business Description

Traded in Other Exchanges
N/A
Address
889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2
Website
Zidane Capital Corp is a capital pool company.

Zidane Capital (TSXV:ZZE.H) Headlines

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