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Besra Gold (FRA:V79) Retained Earnings : €-160.87 Mil (As of Dec. 2023)


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What is Besra Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Besra Gold's retained earnings for the quarter that ended in Dec. 2023 was €-160.87 Mil.

Besra Gold's quarterly retained earnings increased from Dec. 2022 (€-155.35 Mil) to Jun. 2023 (€-152.57 Mil) but then declined from Jun. 2023 (€-152.57 Mil) to Dec. 2023 (€-160.87 Mil).

Besra Gold's annual retained earnings declined from Jun. 2013 (€-79.10 Mil) to Jun. 2022 (€-155.28 Mil) but then increased from Jun. 2022 (€-155.28 Mil) to Jun. 2023 (€-152.57 Mil).


Besra Gold Retained Earnings Historical Data

The historical data trend for Besra 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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Besra Gold Retained Earnings Chart

Besra Gold Annual Data
Trend Dec10 Dec11 Jun13 Jun22 Jun23
Retained Earnings
-44.34 -50.00 -79.10 -155.28 -152.57

Besra Gold Quarterly Data
Dec10 Dec11 Jun13 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -145.71 -155.28 -155.35 -152.57 -160.87

Besra 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.


Besra Gold  (FRA:V79) 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.


Besra Gold (FRA:V79) Business Description

Traded in Other Exchanges
Address
63 Fort Street, Level 1, Auckland, NZL, 1010
Besra Gold Inc is a gold producer focused on Southeast Asia. It is engaged in the acquisition, exploration, development, mining of gold-bearing properties in Southeast Asia. Its properties include the Bau Goldfield in East Malaysia, Bong Mieu and Phuoc Son in Central Vietnam, and Capcapo in the Philippines. It also has operations in Malaysia, the Philippines, Laos and Cambodia.

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