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eXeBlock Technology (XCNQ:XBLK.X) 3-Year RORE % : -10.00% (As of Feb. 2024)


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What is eXeBlock Technology 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. eXeBlock Technology's 3-Year RORE % for the quarter that ended in Feb. 2024 was -10.00%.

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

XCNQ:XBLK.X's 3-Year RORE % is ranked worse than
61.78% of 2465 companies
in the Software industry
Industry Median: 2.06 vs XCNQ:XBLK.X: -10.00

eXeBlock Technology 3-Year RORE % Historical Data

The historical data trend for eXeBlock Technology'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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eXeBlock Technology 3-Year RORE % Chart

eXeBlock Technology Annual Data
Trend Jul16 Jul17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
3-Year RORE %
Get a 7-Day Free Trial - -77.78 - -44.44 -16.67

eXeBlock Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -58.82 -58.82 -16.67 -9.09 -10.00

Competitive Comparison of eXeBlock Technology's 3-Year RORE %

For the Software - Application subindustry, eXeBlock Technology'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.


eXeBlock Technology's 3-Year RORE % Distribution in the Software Industry

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

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



eXeBlock Technology 3-Year RORE % Calculation

eXeBlock Technology's 3-Year RORE % for the quarter that ended in Feb. 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 )
=( -0.004--0.005 )/( -0.01-0 )
=0.001/-0.01
=-10.00 %

* 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 Feb. 2024 and 3-year before.


eXeBlock Technology  (XCNQ:XBLK.X) 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.


eXeBlock Technology 3-Year RORE % Related Terms

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eXeBlock Technology (XCNQ:XBLK.X) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 280, Vancouver, BC, CAN, V6E 3V7
eXeBlock Technology Corp designs and develops software application . The company specializes in the development of blockchain decentralized applications which includes blockchain technology consulting and application development. It serves the gaming and telecommunication industries in Canada.

eXeBlock Technology (XCNQ:XBLK.X) Headlines

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