Goldcorp (Goldcorp) Retained Earnings : $-8,245 Mil (As of Dec. 2018)

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What is Goldcorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Goldcorp's retained earnings for the quarter that ended in Dec. 2018 was $-8,245 Mil.

Goldcorp's quarterly retained earnings declined from Jun. 2018 ($-4,152 Mil) to Sep. 2018 ($-4,271 Mil) and declined from Sep. 2018 ($-4,271 Mil) to Dec. 2018 ($-8,245 Mil).

Goldcorp's annual retained earnings increased from Dec. 2016 ($-4,690 Mil) to Dec. 2017 ($-4,100 Mil) but then declined from Dec. 2017 ($-4,100 Mil) to Dec. 2018 ($-8,245 Mil).

Goldcorp Retained Earnings Historical Data

The historical data trend for Goldcorp's Retained Earnings 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.

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Goldcorp Retained Earnings Chart

Goldcorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Retained Earnings

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-296.00

-4,750.00

-4,690.00

-4,100.00

-8,245.00

Goldcorp Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Retained Earnings	Get a 7-Day Free Trial															-4,100.00	-4,004.00	-4,152.00	-4,271.00	-8,245.00

Goldcorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Goldcorp (NYSE:GG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Goldcorp (Goldcorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldcorp Inc (NYSE:GG) » Definitions » Retained Earnings

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Address

666 Burrard Street, Suite 3400, Park Place, Vancouver, BC, CAN, V6C 2X8

Website

http://www.goldcorp.com

Goldcorp is a senior gold mining company with operations in Canada, the United States, Mexico, and Latin America. It produced roughly 2.3 million ounces of gold in 2018. Goldcorp has historically focused on stable mining jurisdictions in North and South America while targeting rapid production growth through internal development and acquisitions. As of Dec. 31, 2018, Goldcorp had 52.8 million ounces of proven and probable gold reserves.