GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Artificial Intelligence Technology Solutions Inc (OTCPK:AITX) » Definitions » 10-Year RORE %

Artificial Intelligence Technology Solutions (Artificial Intelligence Technology Solutions) 10-Year RORE % : 0.00% (As of Nov. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Artificial Intelligence Technology Solutions 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. Artificial Intelligence Technology Solutions's 10-Year RORE % for the quarter that ended in Nov. 2023 was 0.00%.

The industry rank for Artificial Intelligence Technology Solutions's 10-Year RORE % or its related term are showing as below:

AITX's 10-Year RORE % is not ranked *
in the Hardware industry.
Industry Median: 6.26
* Ranked among companies with meaningful 10-Year RORE % only.

Artificial Intelligence Technology Solutions 10-Year RORE % Historical Data

The historical data trend for Artificial Intelligence Technology Solutions'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.

Artificial Intelligence Technology Solutions 10-Year RORE % Chart

Artificial Intelligence Technology Solutions Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Artificial Intelligence Technology Solutions Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

Competitive Comparison of Artificial Intelligence Technology Solutions's 10-Year RORE %

For the Computer Hardware subindustry, Artificial Intelligence Technology Solutions'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.


Artificial Intelligence Technology Solutions's 10-Year RORE % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Artificial Intelligence Technology Solutions's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Artificial Intelligence Technology Solutions's 10-Year RORE % falls into.



Artificial Intelligence Technology Solutions 10-Year RORE % Calculation

Artificial Intelligence Technology Solutions's 10-Year RORE % for the quarter that ended in Nov. 2023 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 )
=( - )/( 604692.449-0 )
=/604692.449
=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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Nov. 2023 and 10-year before.


Artificial Intelligence Technology Solutions  (OTCPK:AITX) 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.


Artificial Intelligence Technology Solutions 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Artificial Intelligence Technology Solutions's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Artificial Intelligence Technology Solutions (Artificial Intelligence Technology Solutions) Business Description

Traded in Other Exchanges
N/A
Address
10800 Galaxie Avenue, Ferndale, MI, USA, 48220
Website
Artificial Intelligence Technology Solutions Inc through its wholly-owned subsidiary delivers robotics and artificial intelligence-based solutions for operational, security, and monitoring needs. It also creates its own software leading to the development of powerful tools such as RADSOC, RADPMC, and RADGuard.