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Mindoro Resources (ASX:MDO) Retained Earnings : A$-67.75 Mil (As of Sep. 2017)


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What is Mindoro Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mindoro Resources's retained earnings for the quarter that ended in Sep. 2017 was A$-67.75 Mil.

Mindoro Resources's quarterly retained earnings declined from Mar. 2017 (A$-65.44 Mil) to Jun. 2017 (A$-65.98 Mil) and declined from Jun. 2017 (A$-65.98 Mil) to Sep. 2017 (A$-67.75 Mil).

Mindoro Resources's annual retained earnings increased from Dec. 2014 (A$-62.79 Mil) to Dec. 2015 (A$-61.82 Mil) but then declined from Dec. 2015 (A$-61.82 Mil) to Dec. 2016 (A$-67.73 Mil).


Mindoro Resources Retained Earnings Historical Data

The historical data trend for Mindoro 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.

* Premium members only.

Mindoro Resources Retained Earnings Chart

Mindoro Resources Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -57.97 -62.79 -61.82 -67.73

Mindoro Resources Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Retained Earnings 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 -62.97 -67.73 -65.44 -65.98 -67.75

Mindoro 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.


Mindoro Resources  (ASX:MDO) 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.


Mindoro Resources (ASX:MDO) Business Description

Traded in Other Exchanges
N/A
Address
8751 Paseo de Roxas Street, 22nd Floor BDO Equitable Tower, Makati City, PHL, 1226
Mindoro Resources Ltd engages in the acquisition, exploration, and development of mineral properties in the Philippines. The company explores for nickel, copper, and gold deposits. It holds a 75% interest in the Agata nickel project located in the Surigao mining region on the island of Mindanao. The firm also holds a 75% interest and an option to acquire additional 25% interest in the Tapian San Francisco Copper-Gold Project, Mindanao; and a 75% interest in the Pan de Azucar Sulphur-Copper-Gold Project, Iloilo City.

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