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Orosur Mining (Orosur Mining) Retained Earnings : $-85.14 Mil (As of Feb. 2024)


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What is Orosur Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orosur Mining's retained earnings for the quarter that ended in Feb. 2024 was $-85.14 Mil.

Orosur Mining's quarterly retained earnings declined from Aug. 2023 ($-84.43 Mil) to Nov. 2023 ($-84.69 Mil) and declined from Nov. 2023 ($-84.69 Mil) to Feb. 2024 ($-85.14 Mil).

Orosur Mining's annual retained earnings declined from May. 2021 ($-80.92 Mil) to May. 2022 ($-82.03 Mil) and declined from May. 2022 ($-82.03 Mil) to May. 2023 ($-83.82 Mil).


Orosur Mining Retained Earnings Historical Data

The historical data trend for Orosur Mining'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.

Orosur Mining Retained Earnings Chart

Orosur Mining Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -79.40 -79.04 -80.92 -82.03 -83.82

Orosur Mining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -82.26 -83.82 -84.43 -84.69 -85.14

Orosur Mining 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.


Orosur Mining  (OTCPK:OROXF) 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.


Orosur Mining (Orosur Mining) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, 1st Floor, Toronto, ON, CAN, M5C 1P1
Orosur Mining Inc is a South American-focused gold development and exploration company. In Colombia, the company wholly owns the Anza exploration gold project located in the Middle Cauca Belt in Antioquia, Colombia which hosts such projects as Buritica, Titiribi, Marmato and La Colosa. The company is only engaged in the Ariquemes Project located in Brazil, and the El Pantano Project located in Argentina. The segment additionally includes the evaluation of mining asset acquisitions throughout Latin America.

Orosur Mining (Orosur Mining) Headlines

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