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Athena Bitcoin Global (Athena Bitcoin Global) 3-Year RORE % : 0.00% (As of Sep. 2023)


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What is Athena Bitcoin Global 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. Athena Bitcoin Global's 3-Year RORE % for the quarter that ended in Sep. 2023 was 0.00%.

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

ABIT's 3-Year RORE % is not ranked *
in the Capital Markets industry.
Industry Median: -0.44
* Ranked among companies with meaningful 3-Year RORE % only.

Athena Bitcoin Global 3-Year RORE % Historical Data

The historical data trend for Athena Bitcoin Global'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.

Athena Bitcoin Global 3-Year RORE % Chart

Athena Bitcoin Global Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 -13.41 -28.79 -20.93 5.00

Athena Bitcoin Global Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Sep22 Sep23
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 4.35 70.42 68.35 - -

Competitive Comparison of Athena Bitcoin Global's 3-Year RORE %

For the Capital Markets subindustry, Athena Bitcoin Global'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.


Athena Bitcoin Global's 3-Year RORE % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Athena Bitcoin Global's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Athena Bitcoin Global's 3-Year RORE % falls into.



Athena Bitcoin Global 3-Year RORE % Calculation

Athena Bitcoin Global's 3-Year RORE % for the quarter that ended in Sep. 2023 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 )
=( - )/( -0.132-0 )
=/-0.132
=0.00 %

* 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 Sep. 2023 and 3-year before.


Athena Bitcoin Global  (OTCPK:ABIT) 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.


Athena Bitcoin Global 3-Year RORE % Related Terms

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Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Traded in Other Exchanges
N/A
Address
1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642
Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

Athena Bitcoin Global (Athena Bitcoin Global) Headlines

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