MyndTec (XCNQ:MYTC) Total Payout Ratio : 0.69 (As of Jan. 19, 2025)

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What is MyndTec Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

MyndTec's current Total Payout Ratio is 0.69.

MyndTec Total Payout Ratio Historical Data

The historical data trend for MyndTec's Total Payout Ratio 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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MyndTec Total Payout Ratio Chart

MyndTec Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Payout Ratio

0.07

0.27

1.06

0.67

MyndTec Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Payout Ratio	Get a 7-Day Free Trial											-	0.68	0.89	0.74	0.44

Competitive Comparison of MyndTec's Total Payout Ratio

For the Medical Devices subindustry, MyndTec's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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.

MyndTec's Total Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MyndTec's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where MyndTec's Total Payout Ratio falls into.

MyndTec Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

MyndTec's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	1.153	+	0)	/	-1.723
	=	0.67

MyndTec's Total Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	0.131	+	0)	/	-0.296
	=	0.44

MyndTec Total Payout Ratio Related Terms

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MyndTec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MyndTec Inc (XCNQ:MYTC) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Minnesota Court, Suite 122, Mississauga, ON, CAN, L5N 3C9

Website

https://www.myndtec.com

MyndTec Inc is a medical technology company. It researches, develops, and distributes new therapies designed to improve function, maximize independence and enhance the quality of life for individuals with upper limb paralysis due to stroke, spinal cord injury, or traumatic brain injury. The firm develops non-invasive neurological and nervous system electrical stimulation therapeutics for the treatment of neurological diseases and injuries specifically targeted to markets with large, growing, and patient populations. The company generates revenues from sales in Canada and the United States.

MyndTec Headlines

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