Centerra Gold (FRA:GOU) Retained Earnings : €761 Mil (As of Mar. 2024)

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What is Centerra Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Centerra Gold's retained earnings for the quarter that ended in Mar. 2024 was €761 Mil.

Centerra Gold's quarterly retained earnings declined from Sep. 2023 (€760 Mil) to Dec. 2023 (€707 Mil) but then increased from Dec. 2023 (€707 Mil) to Mar. 2024 (€761 Mil).

Centerra Gold's annual retained earnings declined from Dec. 2021 (€904 Mil) to Dec. 2022 (€847 Mil) and declined from Dec. 2022 (€847 Mil) to Dec. 2023 (€707 Mil).

Centerra Gold Retained Earnings Historical Data

The historical data trend for Centerra Gold'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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Centerra Gold Retained Earnings Chart

Centerra Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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971.92

1,190.83

904.37

847.31

707.36

Centerra Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															759.32	703.15	760.17	707.36	760.58

Centerra Gold 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.

Centerra Gold (FRA:GOU) 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.

Centerra Gold (FRA:GOU) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Centerra Gold Inc (FRA:GOU) » Definitions » Retained Earnings

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CGAU:USA GOU:Germany CG:Canada

Address

1 University Avenue, Suite 1500, Toronto, ON, CAN, M5J 2P1

Website

https://www.centerragold.com

Centerra Gold Inc a gold mining and exploration company engaged in the operation, exploration, development, and acquisition of gold properties in Asia, North America, and other markets worldwide. The company manages its reportable operating segments by a combination of geographic location and products. The Kyrgyz Republic segment includes the operations of the Kumtor Gold Project. The Turkish segment represents the development of the OksUt Project. The North America Gold- Copper segment represents the operations of the Mount Milligan Mine. The North America Molybdenum segment includes the operations of the Langeloth processing facility and the care and maintenance activities of the Endako and Thompson Creek Mines.

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