RIME (Algorhythm Holdings) 10-Year Share Buyback Ratio : -36.30% (As of Dec. 2024)

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What is Algorhythm Holdings 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Algorhythm Holdings's current 10-Year Share Buyback Ratio was -36.30%.

RIME's 10-Year Share Buyback Ratio is ranked worse than
73.43% of 1573 companies
in the Hardware industry
Industry Median: -1.9 vs RIME: -36.30

Competitive Comparison of Algorhythm Holdings's 10-Year Share Buyback Ratio

For the Consumer Electronics subindustry, Algorhythm Holdings's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback 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.

Algorhythm Holdings's 10-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Algorhythm Holdings's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Algorhythm Holdings's 10-Year Share Buyback Ratio falls into.

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Algorhythm Holdings 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Algorhythm Holdings (NAS:RIME) 10-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Algorhythm Holdings 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Algorhythm Holdings's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Algorhythm Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Algorhythm Holdings Inc (NAS:RIME) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

6301 NW 5th Way, Suite 2900, Fort Lauderdale, FL, USA, 33309

Website

https://www.singingmachine.com

Algorhythm Holdings Inc is a holding company with two primary investments. It operates through its subsidiaries, one of which is an emerging leader in the AI-enabled global logistics industry. The other subsidiary is engaged in consumer karaoke products, Which designs and distributes the industry's widest assortment of at-home and in-car karaoke entertainment products.

Executives

Stingray Group Inc.	10 percent owner	730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Ault Milton C Iii	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jay B Foreman	director	6301 NW 5TH WAY,, SUITE 2900, FORT LAUDERDALE FL 33309
Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Henry Carl Nisser	director	100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
James Michael Turner	director	1800 HICKORY RIDGE DRIVE, WAXHAW NC 28173
Kenneth S Cragun	director	3775 CHIPPEWA CIRCLE, CORONA CA 92881
Mathieu Peloquin	director	730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Eric Boyko	10 percent owner	730 WELLINGTON STREET, MONTREAL A8 H3C 1T4
Bernardo Melo	officer: VP Sales	6601 LYONS ROAD, BUILDING A 7, COCONUT CREEK FL 33073
Joseph Kling	director	5846 NW 24TH AVENUE (UNIT #203), BOCA RATON FL 33496
Lau Sak Hong Aka Philip Lau	director	SHING DAO INDUSTRIAL BUILDING SECURITIES, 232 ABERDEEN MAIN ROAD 5TH FLO K3 00000
Gary Kevin Atkinson	officer: Secretary	1266 S MILITARY TRAIL, APT 5314, DEERFIELD BEACH FL 33442
Carol Lau	director	THE SINGING MACHINE COMPANY INC, 6601 LYONS ROAD BUILDING A 7, COCONUT CREEK FL 33073
Anton Handal	officer: CEO	425 TYRONE STREET, EL CAJON CA 92020