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Cadan Resources (Cadan Resources) Retained Earnings : $-41.80 Mil (As of Sep. 2018)


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What is Cadan Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cadan Resources's retained earnings for the quarter that ended in Sep. 2018 was $-41.80 Mil.

Cadan Resources's quarterly retained earnings increased from Mar. 2018 ($-41.10 Mil) to Jun. 2018 ($-40.03 Mil) but then declined from Jun. 2018 ($-40.03 Mil) to Sep. 2018 ($-41.80 Mil).

Cadan Resources's annual retained earnings declined from Dec. 2015 ($-35.35 Mil) to Dec. 2016 ($-38.98 Mil) and declined from Dec. 2016 ($-38.98 Mil) to Dec. 2017 ($-41.51 Mil).


Cadan Resources Retained Earnings Historical Data

The historical data trend for Cadan 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.

Cadan Resources Retained Earnings Chart

Cadan Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.13 -38.51 -35.35 -38.98 -41.51

Cadan Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -44.44 -41.51 -41.10 -40.03 -41.80

Cadan 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.


Cadan Resources  (OTCPK:CADAF) 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.


Cadan Resources (Cadan Resources) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 3P6
Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval copper-gold deposits. The Batoto Gold Project offers excellent discovery opportunities for gold and gold-copper that will complement the T'Boli gold mining operation.

Cadan Resources (Cadan Resources) Headlines

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