Core Assets (STU:5RJ) Retained Earnings : €-3.00 Mil (As of Mar. 2024)

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What is Core Assets Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Core Assets's retained earnings for the quarter that ended in Mar. 2024 was €-3.00 Mil.

Core Assets's quarterly retained earnings declined from Sep. 2023 (€-2.65 Mil) to Dec. 2023 (€-2.84 Mil) and declined from Dec. 2023 (€-2.84 Mil) to Mar. 2024 (€-3.00 Mil).

Core Assets's annual retained earnings declined from Sep. 2021 (€-0.84 Mil) to Sep. 2022 (€-2.63 Mil) and declined from Sep. 2022 (€-2.63 Mil) to Sep. 2023 (€-2.65 Mil).

Core Assets Retained Earnings Historical Data

The historical data trend for Core Assets'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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Core Assets Retained Earnings Chart

Core Assets Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

-0.01

-0.11

-0.84

-2.63

-2.65

Core Assets Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-2.73	-2.65	-2.65	-2.84	-3.00

Core Assets 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.

Core Assets (STU:5RJ) 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.

Core Assets (STU:5RJ) Business Description

Industry

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CCOOF:USA CC:Canada

Address

789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.coreassetscorp.com

Core Assets Corp is an exploration stage company. The company is engaged in the acquisition, exploration, development, and mining of mineral properties. It is focused on the exploration of copper and silver. Its only project includes Blue Property.

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