Aldoro Resources (ASX:ARN) Retained Earnings : A$-10.25 Mil (As of Dec. 2023)

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What is Aldoro Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aldoro Resources's retained earnings for the quarter that ended in Dec. 2023 was A$-10.25 Mil.

Aldoro Resources's quarterly retained earnings declined from Dec. 2022 (A$-7.72 Mil) to Jun. 2023 (A$-11.92 Mil) but then increased from Jun. 2023 (A$-11.92 Mil) to Dec. 2023 (A$-10.25 Mil).

Aldoro Resources's annual retained earnings declined from Jun. 2021 (A$-5.08 Mil) to Jun. 2022 (A$-7.35 Mil) and declined from Jun. 2022 (A$-7.35 Mil) to Jun. 2023 (A$-11.92 Mil).

Aldoro Resources Retained Earnings Historical Data

The historical data trend for Aldoro Resources'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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Aldoro Resources Retained Earnings Chart

Aldoro Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

-0.57

-2.43

-5.08

-7.35

-11.92

Aldoro Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial						-6.19	-7.35	-7.72	-11.92	-10.25

Aldoro Resources 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.

Aldoro Resources (ASX:ARN) 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.

Aldoro Resources (ASX:ARN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aldoro Resources Ltd (ASX:ARN) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

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Address

23 Railway Road, Suite 11, 12 Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.aldororesources.com

Aldoro Resources Ltd is an exploration company established to explore and develop gold and nickel mineral properties. Its projects include the Narndee Igneous Complex, the Kameelburg Ree Project, the Niobe Project, the Wyemandoo critical mineral project, and other mineral projects. The Group operates only in one reportable segment being predominately in the area of gold and nickel mineral exploration in Australia.

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