ECR Minerals (LSE:ECR) Retained Earnings : £-61.64 Mil (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is ECR Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ECR Minerals's retained earnings for the quarter that ended in Sep. 2023 was £-61.64 Mil.

ECR Minerals's quarterly retained earnings declined from Sep. 2022 (£-59.87 Mil) to Mar. 2023 (£-60.59 Mil) and declined from Mar. 2023 (£-60.59 Mil) to Sep. 2023 (£-61.64 Mil).

ECR Minerals's annual retained earnings declined from Sep. 2021 (£-57.25 Mil) to Sep. 2022 (£-59.87 Mil) and declined from Sep. 2022 (£-59.87 Mil) to Sep. 2023 (£-61.64 Mil).

ECR Minerals Retained Earnings Historical Data

The historical data trend for ECR Minerals'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.

ECR Minerals Retained Earnings Chart

ECR Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

Get a 7-Day Free Trial

-53.38

-55.79

-57.25

-59.87

-61.64

ECR Minerals Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-57.25	-57.80	-59.87	-60.59	-61.64

ECR Minerals 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.

ECR Minerals (LSE:ECR) 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.

ECR Minerals (LSE:ECR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ECR Minerals PLC (LSE:ECR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ranelagh Gardens, Office T3, Hurlingham Studios, London, GBR, SW6 3PA

Website

https://www.ecrminerals.com

ECR Minerals PLC is a mineral exploration and development company which acts as a holding company for its subsidiaries and other investments. It is involved in the identification, acquisition, exploration, and development of mineral projects. The company focuses on the exploration of Gold and Copper assets. The firm's current project area is Argentina, Australia, and the Philippines. Its projects include SLM gold, Danglay gold, and Central Victorian Gold.

ECR Minerals (LSE:ECR) Headlines

No Headlines