Clueless-Community / fintech-api

An API that helps you to deal with your financial calculations
MIT License
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[Feature] Retention Ratio #491

Open roberanegussie opened 1 year ago

roberanegussie commented 1 year ago

Are you adding a new feature?

Are you enhancing the old feature?

Describe your feature/enhancement.

I would like to add a feature to calculate Retention Ratio which is the portion of company earnings that stays within its coffers as opposed to earnings distributed among shareholders. It determines how much of what a company earns will be reinvested for growth. Such retained earnings may be viewed as an opportunity cost of distributing stockholders’ dividends for reinvestment in outside the company.

RetentionRatio = ((NetIncome − DividendsDistributed​) / NetIncome) * 100
Net income: 200,000
Dividends distributed: 40,000
RetentionRatio = ((200,000 - 40,000) / 200,000) * 100 = 80%

Can you add the feature by yourself?

Additional Information

I would like to work on this issue if it is accepted under GSSoC'23.

github-actions[bot] commented 1 year ago

👋 @roberanegussie

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github-actions[bot] commented 1 year ago

Hello @roberanegussie, thank you for raising an issue. 🙌 I have assigned the issue to you. You can now start working on it. If you encounter any problems, please feel free to connect with us. 👍