Sniper Resources (TSXV:SIP.H) Retained Earnings : C$-9.89 Mil (As of Jun. 2015)

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

What is Sniper Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sniper Resources's retained earnings for the quarter that ended in Jun. 2015 was C$-9.89 Mil.

Sniper Resources's quarterly retained earnings declined from Dec. 2014 (C$-9.62 Mil) to Mar. 2015 (C$-9.74 Mil) and declined from Mar. 2015 (C$-9.74 Mil) to Jun. 2015 (C$-9.89 Mil).

Sniper Resources's annual retained earnings declined from Sep. 2012 (C$-5.76 Mil) to Sep. 2013 (C$-6.51 Mil) and declined from Sep. 2013 (C$-6.51 Mil) to Sep. 2014 (C$-9.49 Mil).

Sniper Resources Retained Earnings Historical Data

The historical data trend for Sniper 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.

Sniper Resources Retained Earnings Chart

Sniper Resources Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Retained Earnings

Get a 7-Day Free Trial

-2.94

-4.08

-5.76

-6.51

-9.49

Sniper Resources Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Retained Earnings	Get a 7-Day Free Trial															-8.64	-9.49	-9.62	-9.74	-9.89

Sniper 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.

Sniper Resources (TSXV:SIP.H) 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.

Sniper Resources (TSXV:SIP.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sniper Resources Ltd (TSXV:SIP.H) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.sniperresources.com

Sniper Resources Ltd is a Canada based mineral exploration company. It is engaged in acquisition, exploration, and evaluation of precious mineral properties located in Nevada, USA. The Company's projects include Weepah gold property and Laura Property in Nevada.

Sniper Resources (TSXV:SIP.H) Headlines

No Headlines