GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Salmon River Resources Ltd (OTCPK:SALOF) » Definitions » Retained Earnings

Salmon River Resources (Salmon River Resources) Retained Earnings : $-12.59 Mil (As of Mar. 2013)


View and export this data going back to 2015. Start your Free Trial

What is Salmon River Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Salmon River Resources's retained earnings for the quarter that ended in Mar. 2013 was $-12.59 Mil.

Salmon River Resources's quarterly retained earnings declined from Sep. 2012 ($-12.54 Mil) to Dec. 2012 ($-12.67 Mil) but then increased from Dec. 2012 ($-12.67 Mil) to Mar. 2013 ($-12.59 Mil).

Salmon River Resources's annual retained earnings declined from Jun. 2010 ($-9.75 Mil) to Jun. 2011 ($-11.71 Mil) and declined from Jun. 2011 ($-11.71 Mil) to Jun. 2012 ($-11.79 Mil).


Salmon River Resources Retained Earnings Historical Data

The historical data trend for Salmon River Resources'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.

Salmon River Resources Retained Earnings Chart

Salmon River Resources Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.86 -8.75 -9.75 -11.71 -11.79

Salmon River Resources Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 -12.18 -11.79 -12.54 -12.67 -12.59

Salmon River Resources 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.


Salmon River Resources  (OTCPK:SALOF) 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.


Salmon River Resources (Salmon River Resources) Business Description

Traded in Other Exchanges
N/A
Address
An exploration stage Company engaged in the evaluation, acquisition, exploration and development of gold and base metals in British Columbia, Canada, and Idaho, USA.

Salmon River Resources (Salmon River Resources) Headlines

No Headlines