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LM Funding America (LM Funding America) 10-Year RORE % : 13.34% (As of Mar. 2024)


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What is LM Funding America 10-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. LM Funding America's 10-Year RORE % for the quarter that ended in Mar. 2024 was 13.34%.

The industry rank for LM Funding America's 10-Year RORE % or its related term are showing as below:

LMFA's 10-Year RORE % is ranked better than
60.98% of 328 companies
in the Credit Services industry
Industry Median: 8.025 vs LMFA: 13.34

LM Funding America 10-Year RORE % Historical Data

The historical data trend for LM Funding America's 10-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.

LM Funding America 10-Year RORE % Chart

LM Funding America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13.66

LM Funding America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
10-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 - - - 13.66 13.34

Competitive Comparison of LM Funding America's 10-Year RORE %

For the Credit Services subindustry, LM Funding America's 10-Year RORE %, along with its competitors' market caps and 10-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.


LM Funding America's 10-Year RORE % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LM Funding America's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where LM Funding America's 10-Year RORE % falls into.



LM Funding America 10-Year RORE % Calculation

LM Funding America's 10-Year RORE % for the quarter that ended in Mar. 2024 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( -4.109-116.513 )/( -904.479-0 )
=-120.622/-904.479
=13.34 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2024 and 10-year before.


LM Funding America  (NAS:LMFA) 10-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, 10-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.


LM Funding America 10-Year RORE % Related Terms

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LM Funding America (LM Funding America) Business Description

Traded in Other Exchanges
Address
1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602
LM Funding America Inc is a financial services company. The company provides funding to nonprofit community associations located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. Its products include Original Product and New Neighbor Guaranty. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It currently has two lines of business recently commenced cryptocurrency mining business and historical specialty finance business. The Company has two operating segments: Specialty Finance and Mining Operations.
Executives
Ryan H Duran officer: Chief Financial Officer 3408 W. CHEROKEE AVE, TAMPA FL 33611
Bruce M. Rodgers director, officer: Chairman, CEO and President 302 KNIGHTS RUN AVE., STE. 1000, TAMPA FL 33602
Richard D. Russell officer: Vice President of Operations 3201 W BAY VISTA AVE, TAMPA FL 33611
Andrew L. Graham director 3802 COCONUT PALM DRIVE, TAMPA FL 33619
Tian Zhang director 1200 WEST PLATT STREET, SUITE 100, TAMPA FL 33606
Douglas I. Mccree director 302 KNIGHTS RUN AVE., STE. 1000, TAMPA FL 33602
Mint Capital Advisors Ltd 10 percent owner WESTERN ROAD, NASSAU C5 00000
Frank Charles Silcox director FS VENTURES, LLC, 315 S. PLANT AVENUE, TAMPA FL 33606
User-friendly Holding, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
User-friendly Phone Book, Llc 10 percent owner 10200 GROGANS MILL RD., SUITE 440, THE WOODLANDS TX 77380
Xueyuan Han 10 percent owner 22 WHITE PLACE, WEST ORANGE NJ 07052
Bz Industrial Ltd 10 percent owner 22 WHITE PLACE, WEST ORANGE NJ 07052
Craven House Capital North America Llc 10 percent owner 107 WEST FEDERAL ST. PO BOX 480, MIDDLEBURG VA 20018-0480
Frederick J Mills director 3006 EUCLID AVE, TAMPA FL 33611
Carollinn Gould director, 10 percent owner, officer: VP - General Manager 302 KNIGHTS RUN AVE., STE. 1000, TAMPA FL 33602

LM Funding America (LM Funding America) Headlines

From GuruFocus

/C O R R E C T I O N -- LM Funding America/

By PRNewswire PRNewswire 05-08-2023