DLP Resources (DLP Resources) Retained Earnings : $-11.35 Mil (As of Jan. 2024)

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What is DLP Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DLP Resources's retained earnings for the quarter that ended in Jan. 2024 was $-11.35 Mil.

DLP Resources's quarterly retained earnings declined from Jul. 2023 ($-8.87 Mil) to Oct. 2023 ($-10.05 Mil) and declined from Oct. 2023 ($-10.05 Mil) to Jan. 2024 ($-11.35 Mil).

DLP Resources's annual retained earnings declined from Apr. 2020 ($-0.90 Mil) to Apr. 2021 ($-3.00 Mil) and declined from Apr. 2021 ($-3.00 Mil) to Apr. 2022 ($-4.43 Mil).

DLP Resources Retained Earnings Historical Data

The historical data trend for DLP 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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DLP Resources Retained Earnings Chart

DLP Resources Annual Data

Trend

Apr20

Apr21

Apr22

Retained Earnings

-0.90

-3.00

-4.43

DLP Resources Quarterly Data
	Jan20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial									-5.59	-6.21	-8.87	-10.05	-11.35

DLP 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.

DLP Resources (OTCPK:DLPRF) 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.

DLP Resources (DLP Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DLP Resources Inc (OTCPK:DLPRF) » Definitions » Retained Earnings

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DLP:Canada

Address

135 - 10th Avenue S., Suite 201, Cranbrook, BC, CAN, V1C 2N1

Website

https://www.dlpresourcesinc.com

DLP Resources Inc is an operator of a mineral exploration company intended to focus on exploring base metals, cobalt, and minerals in Southeastern British Columbia. The company's mineral portfolio in Southeastern British Columbia consists of Aldridge 1, Aldridge 2, Redburn, Hungry Creek, DD, Moby Dick, and NZOU, and in Peru consists of Aurora and Esperanza, planned to design, implement and manage cost-effective and successful exploration programs.