GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blue Star Gold Corp (TSXV:BAU) » Definitions » Retained Earnings

Blue Star Gold (TSXV:BAU) Retained Earnings : C$-18.89 Mil (As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Blue Star Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blue Star Gold's retained earnings for the quarter that ended in Feb. 2024 was C$-18.89 Mil.

Blue Star Gold's quarterly retained earnings increased from Aug. 2023 (C$-18.54 Mil) to Nov. 2023 (C$-18.45 Mil) but then declined from Nov. 2023 (C$-18.45 Mil) to Feb. 2024 (C$-18.89 Mil).

Blue Star Gold's annual retained earnings declined from Nov. 2021 (C$-15.24 Mil) to Nov. 2022 (C$-16.38 Mil) and declined from Nov. 2022 (C$-16.38 Mil) to Nov. 2023 (C$-18.45 Mil).


Blue Star Gold Retained Earnings Historical Data

The historical data trend for Blue Star Gold'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.

Blue Star Gold Retained Earnings Chart

Blue Star Gold Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.13 -11.72 -15.24 -16.38 -18.45

Blue Star Gold 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 -16.84 -18.21 -18.54 -18.45 -18.89

Blue Star Gold 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.


Blue Star Gold  (TSXV:BAU) 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.


Blue Star Gold (TSXV:BAU) Business Description

Traded in Other Exchanges
Address
507 - 700 West Pender Street, Vancouver, BC, CAN, V6C 1G8
Blue Star Gold Corp is a Vancouver-based gold company focused on exploring and developing mineral projects in Canada. The company's project portfolio includes Nunavut, the Ulu gold project, and the Roma project. The company is focused on growing existing mineral resources at Ulu Property. The Hood River Property is the company's exploration stage and least explored property. The Hood River Property together with Ulu affords substantial exploration potential on confirmed known gold occurrences.
Executives
Darren Lindsay Senior Officer

Blue Star Gold (TSXV:BAU) Headlines

No Headlines