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Cascadia Blockchain Group (XCNQ:CK) 3-Year RORE % : 14.29% (As of Jul. 2024)


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What is Cascadia Blockchain Group 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. Cascadia Blockchain Group's 3-Year RORE % for the quarter that ended in Jul. 2024 was 14.29%.

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

XCNQ:CK's 3-Year RORE % is ranked better than
63.88% of 2508 companies
in the Software industry
Industry Median: -0.115 vs XCNQ:CK: 14.29

Cascadia Blockchain Group 3-Year RORE % Historical Data

The historical data trend for Cascadia Blockchain Group'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.

Cascadia Blockchain Group 3-Year RORE % Chart

Cascadia Blockchain Group 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 -53.28 -44.59 -19.23 -12.50 15.00

Cascadia Blockchain Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -18.18 -21.05 15.00 - 14.29

Competitive Comparison of Cascadia Blockchain Group's 3-Year RORE %

For the Software - Application subindustry, Cascadia Blockchain Group'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.


Cascadia Blockchain Group's 3-Year RORE % Distribution in the Software Industry

For the Software industry and Technology sector, Cascadia Blockchain Group's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Cascadia Blockchain Group's 3-Year RORE % falls into.



Cascadia Blockchain Group 3-Year RORE % Calculation

Cascadia Blockchain Group's 3-Year RORE % for the quarter that ended in Jul. 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 )
=( -0.009--0.006 )/( -0.021-0 )
=-0.003/-0.021
=14.29 %

* 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 Jul. 2024 and 3-year before.


Cascadia Blockchain Group  (XCNQ:CK) 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.


Cascadia Blockchain Group 3-Year RORE % Related Terms

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Cascadia Blockchain Group Business Description

Traded in Other Exchanges
N/A
Address
Richmond Centre 6060 Minoru Boulevard, PO Box 43166, Richmond, BC, CAN, V6Y 3Y3
Cascadia Blockchain Group Corp is in an early stage of development for the application of blockchain technology under one segment in the development of blockchain technology platforms in the digital asset and cryptocurrency sectors.

Cascadia Blockchain Group Headlines

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