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Razor Energy (Razor Energy) Retained Earnings : $-32.44 Mil (As of Sep. 2023)


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What is Razor Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Razor Energy's retained earnings for the quarter that ended in Sep. 2023 was $-32.44 Mil.

Razor Energy's quarterly retained earnings increased from Mar. 2023 ($-70.26 Mil) to Jun. 2023 ($-29.75 Mil) but then declined from Jun. 2023 ($-29.75 Mil) to Sep. 2023 ($-32.44 Mil).

Razor Energy's annual retained earnings increased from Dec. 2020 ($-64.68 Mil) to Dec. 2021 ($-50.86 Mil) but then declined from Dec. 2021 ($-50.86 Mil) to Dec. 2022 ($-64.58 Mil).


Razor Energy Retained Earnings Historical Data

The historical data trend for Razor Energy'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.

Razor Energy Retained Earnings Chart

Razor Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.08 -27.63 -64.68 -50.86 -64.58

Razor Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -57.69 -64.58 -70.26 -29.75 -32.44

Razor Energy 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.


Razor Energy  (OTCPK:RZREF) 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.


Razor Energy (Razor Energy) Business Description

Traded in Other Exchanges
Address
500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5
Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.

Razor Energy (Razor Energy) Headlines

From GuruFocus

Razor Energy Corp. Announces Fourth Quarter and 2018 Year End Results

By GlobeNewswire GlobeNewswire 03-29-2019

Razor Energy Corp. Announces Third Quarter 2019 Results

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Razor Energy Corp. Announces Interim Extension of Term Loan Facility

By GlobeNewswire GlobeNewswire 01-29-2021

Razor Energy Corp. Announces Unit Rights Offering for Up to $10 Million

By GlobeNewswire GlobeNewswire 05-09-2023

Razor Energy Corp. Announces Proposed Private Placement

By GlobeNewswire GlobeNewswire 10-13-2021

Razor Energy Corp. Announces Grant of Incentive Stock Options

By GlobeNewswire GlobeNewswire 02-10-2022

Razor Energy Corp. Announces Closing of Private Placement

By GlobeNewswire GlobeNewswire 10-23-2021

Razor Energy Corp. Announces Director Resignation

By GlobeNewswire GlobeNewswire 09-21-2019