Fabled Copper (Fabled Copper) Retained Earnings : $-10.23 Mil (As of Sep. 2023)

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What is Fabled Copper Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fabled Copper's retained earnings for the quarter that ended in Sep. 2023 was $-10.23 Mil.

Fabled Copper's quarterly retained earnings declined from Mar. 2023 ($-9.93 Mil) to Jun. 2023 ($-10.32 Mil) but then increased from Jun. 2023 ($-10.32 Mil) to Sep. 2023 ($-10.23 Mil).

Fabled Copper's annual retained earnings declined from Dec. 2020 ($-8.27 Mil) to Dec. 2021 ($-8.38 Mil) and declined from Dec. 2021 ($-8.38 Mil) to Dec. 2022 ($-9.92 Mil).

Fabled Copper Retained Earnings Historical Data

The historical data trend for Fabled Copper'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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Fabled Copper Retained Earnings Chart

Fabled Copper Annual Data

Trend

Dec20

Dec21

Dec22

Retained Earnings

-8.27

-8.38

-9.92

Fabled Copper Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial							-9.81	-9.92	-9.93	-10.32	-10.23

Fabled Copper 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.

Fabled Copper (OTCPK:FBCPF) 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.

Fabled Copper (Fabled Copper) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fabled Copper Corp (OTCPK:FBCPF) » Definitions » Retained Earnings

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Traded in Other Exchanges

XZ70:Germany FABL:Canada

Address

1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.fabledsilvergoldcorp.com

Fabled Copper Corp is a mineral resource company principally engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop precious metals, focusing initially on the exploration and development of the Muskwa Project. It has one reportable segment, which is the exploration and evaluation of exploration and evaluation assets. All of the Company's equipment and exploration and evaluation assets are located in Canada.