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Cascadia Minerals (Cascadia Minerals) Retained Earnings : $-2.33 Mil (As of Dec. 2023)


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What is Cascadia Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cascadia Minerals's retained earnings for the quarter that ended in Dec. 2023 was $-2.33 Mil.

Cascadia Minerals's quarterly retained earnings declined from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($-1.51 Mil) and declined from Sep. 2023 ($-1.51 Mil) to Dec. 2023 ($-2.33 Mil).

Cascadia Minerals's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2022 ($-1.62 Mil) but then declined from Dec. 2022 ($-1.62 Mil) to Dec. 2023 ($-2.33 Mil).


Cascadia Minerals Retained Earnings Historical Data

The historical data trend for Cascadia Minerals'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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Cascadia Minerals Retained Earnings Chart

Cascadia Minerals Annual Data
Trend Dec22 Dec23
Retained Earnings
-1.62 -2.33

Cascadia Minerals Quarterly Data
Sep22 Dec22 Jun23 Sep23 Dec23
Retained Earnings - -1.62 - -1.51 -2.33

Cascadia Minerals 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.


Cascadia Minerals  (OTCPK:CAMNF) 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.


Cascadia Minerals (Cascadia Minerals) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Cascadia Minerals Ltd is a new Canadian exploration company focused on exploring for copper and gold in Yukon and British Columbia. The company is planning a maiden drill program at its flagship Catch Property this summer, targeting high-grade copper and gold mineralization.

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