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Nitches (Nitches) 5-Year RORE % : 0.00% (As of Feb. 2024)


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What is Nitches 5-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. Nitches's 5-Year RORE % for the quarter that ended in Feb. 2024 was 0.00%.

The industry rank for Nitches's 5-Year RORE % or its related term are showing as below:

NICH's 5-Year RORE % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 3.435
* Ranked among companies with meaningful 5-Year RORE % only.

Nitches 5-Year RORE % Historical Data

The historical data trend for Nitches's 5-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.

Nitches 5-Year RORE % Chart

Nitches Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug22 Aug23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 500.00 -30.16 -20.98 - -

Nitches Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
5-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 Nitches's 5-Year RORE %

For the Apparel Manufacturing subindustry, Nitches's 5-Year RORE %, along with its competitors' market caps and 5-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.


Nitches's 5-Year RORE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitches's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where Nitches's 5-Year RORE % falls into.



Nitches 5-Year RORE % Calculation

Nitches's 5-Year RORE % for the quarter that ended in Feb. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( - )/( -0.326-0 )
=/-0.326
=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 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Feb. 2024 and 5-year before.


Nitches  (OTCPK:NICH) 5-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, 5-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.


Nitches 5-Year RORE % Related Terms

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Nitches (Nitches) Business Description

Traded in Other Exchanges
N/A
Address
1333 N Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128
Nitches Inc is focused on distribution and production of household, lifestyle, travel & leisure, and sports goods and clothing, with a long-term objective of bringing sustainable business practices to the supply chain for these products. The company is in the business of wholesale manufactured goods and white-labels them under the brand names of their Social Media Partners and also distributes them in an online department store, where its social media partners can sell their respective white labeled merchandise to their audience.
Executives
T. Jefferson Straub director C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Eitan X. Haber officer: COO & Senior VP C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Haresh Tharani 10 percent owner 1400 BROADWAY, 33RD FLOOR, NEW YORK NY 10018
Paul M Wyandt director, officer: President & COO 10445 ABALONE LANDING, SAN DIEGO CA 92130
Price Eugene B Ii director
Michael D Sholtis director 10280 CAMINO SANTA FE, SAN DIEGO CA 92121