Nine Mile Metals (XCNQ:NINE) Total Payout Ratio : 0.99 (As of May. 26, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Nine Mile Metals 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.

Nine Mile Metals's current Total Payout Ratio is 0.99.

Nine Mile Metals Total Payout Ratio Historical Data

The historical data trend for Nine Mile Metals'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.

* Premium members only.

Nine Mile Metals Total Payout Ratio Chart

Nine Mile Metals Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Total Payout Ratio

1.57

0.29

0.98

0.68

Nine Mile Metals Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Payout Ratio	Get a 7-Day Free Trial															-	1.78	-	-	2.49

Competitive Comparison of Nine Mile Metals's Total Payout Ratio

For the Gold subindustry, Nine Mile Metals'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.

Nine Mile Metals's Total Payout Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nine Mile Metals's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nine Mile Metals's Total Payout Ratio falls into.

Nine Mile Metals 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.

Nine Mile Metals's Total Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	1.82	+	0)	/	-2.696
	=	0.68

Nine Mile Metals's Total Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (0	+	1.125	+	0)	/	-0.451
	=	2.49

Nine Mile Metals Total Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nine Mile Metals's Total Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nine Mile Metals (XCNQ:NINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nine Mile Metals Ltd (XCNQ:NINE) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

VMSXF:USA

Address

350 - 1650 West 2nd Avenue, Vancouver, BC, CAN, V6J 1H4

Website

https://www.ninemilemetals.com

Nine Mile Metals Ltd is a gold exploration company focused on acquiring mineral properties. The principal business of the Company is to acquire, explore, and develop mineral properties and ultimately seek earnings by exploiting mineral claims. The company holds an interest in the Millennium Gold Property, Nine-mile brook, California lake, and Canoe lake. It conducts exploration activities in the United States.