ZNWLF (Zinnwald Lithium) Retained Earnings : $-8.66 Mil (As of Jun. 2024)

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What is Zinnwald Lithium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zinnwald Lithium's retained earnings for the quarter that ended in Jun. 2024 was $-8.66 Mil.

Zinnwald Lithium's quarterly retained earnings declined from Jun. 2023 ($-5.97 Mil) to Dec. 2023 ($-7.43 Mil) and declined from Dec. 2023 ($-7.43 Mil) to Jun. 2024 ($-8.66 Mil).

Zinnwald Lithium's annual retained earnings declined from Dec. 2021 ($-2.06 Mil) to Dec. 2022 ($-4.42 Mil) and declined from Dec. 2022 ($-4.42 Mil) to Dec. 2023 ($-7.43 Mil).

Zinnwald Lithium Retained Earnings Historical Data

The historical data trend for Zinnwald Lithium'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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Zinnwald Lithium Retained Earnings Chart

Zinnwald Lithium Annual Data

Trend

Sep14

Sep15

Sep16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-2.02

-0.12

-2.06

-4.42

-7.43

Zinnwald Lithium Semi-Annual Data
	Sep14	Sep15	Sep16	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial											-3.46	-4.42	-5.97	-7.43	-8.66

Zinnwald Lithium 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.

Zinnwald Lithium (OTCPK:ZNWLF) 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.

Zinnwald Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zinnwald Lithium PLC (OTCPK:ZNWLF) » Definitions » Retained Earnings

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ZNWD:UK 7WW:Germany

Address

29-31 Castle Street, High Wycombe, Buckinghamshire, GBR, HP13 6RU

Website

https://www.zinnwaldlithium.com

Zinnwald Lithium PLC is a mineral exploration and development company. The company is focused on the Zinnwald Lithium Project in Germany to supply battery-grade lithium products. Also, the company holds 100% interest in the Abbeytown project. Geographically, it operates in UK, Ireland and Germany.

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