Big Tree Carbon (TSXV:BIGT) Retained Earnings : C$-23.92 Mil (As of Dec. 2023)

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What is Big Tree Carbon Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Big Tree Carbon's retained earnings for the quarter that ended in Dec. 2023 was C$-23.92 Mil.

Big Tree Carbon's quarterly retained earnings declined from Jun. 2023 (C$-23.01 Mil) to Sep. 2023 (C$-23.08 Mil) and declined from Sep. 2023 (C$-23.08 Mil) to Dec. 2023 (C$-23.92 Mil).

Big Tree Carbon's annual retained earnings declined from Dec. 2021 (C$-22.25 Mil) to Dec. 2022 (C$-22.90 Mil) and declined from Dec. 2022 (C$-22.90 Mil) to Dec. 2023 (C$-23.92 Mil).

Big Tree Carbon Retained Earnings Historical Data

The historical data trend for Big Tree Carbon'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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Big Tree Carbon Retained Earnings Chart

Big Tree Carbon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-19.72

-20.13

-22.25

-22.90

-23.92

Big Tree Carbon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-22.90	-22.89	-23.01	-23.08	-23.92

Big Tree Carbon 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.

Big Tree Carbon (TSXV:BIGT) 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.

Big Tree Carbon (TSXV:BIGT) Business Description

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TBMIF:USA L6X:Germany

Address

22 Adelaide Street West, Suite 3600, Toronto, ON, CAN, M5H 4E3

Website

https://www.aurcrest.ca

Big Tree Carbon Inc is engaged in the investigation, acquisition, exploration and development of exploration and evaluation assets and energy assets in Ontario, Canada. It is also involved in building on the company's long-standing relations with First Nations in Northwestern Ontario to assist in financing future exploration activities by assessing the potential of forests within the traditional territories of these First Nations to capture and sequester carbon dioxide for the development of Greenhouse Gas offsets and other potential environmental attributes, and to explore the monetization of these offsets and attributes for the benefit of these First Nations and the company.

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