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Eurasian Natural Resources (Eurasian Natural Resources) Retained Earnings : $0 Mil (As of Dec. 2013)


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What is Eurasian Natural Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eurasian Natural Resources's retained earnings for the quarter that ended in Dec. 2013 was $0 Mil.


Eurasian Natural Resources Retained Earnings Historical Data

The historical data trend for Eurasian Natural 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.

Eurasian Natural Resources Retained Earnings Chart

Eurasian Natural Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,320.00 7,275.00 - - -

Eurasian Natural Resources Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,320.00 7,275.00 - - -

Eurasian Natural 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.


Eurasian Natural Resources  (OTCPK:EURNY) 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.


Eurasian Natural Resources (Eurasian Natural Resources) Business Description

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Eurasian Natural Resources Corp Ltd was incorporated on December 06, 2006. It is a diversified natural resources company. It performs integrated mining, processing, power generation, logistics and marketing operations. Its six operating segments are Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy, and Logistics. Ferroalloys comprises the extraction and sale of chrome ore as well as the production of ferroalloys from chromium and manganese ores. Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products. Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminium. Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa. Energy comprises coal mining and power generation. Logistics includes transportation and logistical services to the company's primary operating divisions and to third parties.

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