GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Magna Terra Minerals Inc (OTCPK:BRIOF) » Definitions » Retained Earnings

BRIOF (Magna Terra Minerals) Retained Earnings : $-9.91 Mil (As of Feb. 2025)


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

What is Magna Terra Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Magna Terra Minerals's retained earnings for the quarter that ended in Feb. 2025 was $-9.91 Mil.

Magna Terra Minerals's quarterly retained earnings increased from Aug. 2024 ($-10.02 Mil) to Nov. 2024 ($-10.00 Mil) and increased from Nov. 2024 ($-10.00 Mil) to Feb. 2025 ($-9.91 Mil).

Magna Terra Minerals's annual retained earnings declined from Aug. 2022 ($-10.74 Mil) to Aug. 2023 ($-10.86 Mil) but then increased from Aug. 2023 ($-10.86 Mil) to Aug. 2024 ($-10.02 Mil).


Magna Terra Minerals Retained Earnings Historical Data

The historical data trend for Magna Terra Minerals'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.

Magna Terra Minerals Retained Earnings Chart

Magna Terra Minerals Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.15 -10.83 -10.74 -10.86 -10.02

Magna Terra Minerals Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -11.05 -10.66 -10.02 -10.00 -9.91

Magna Terra Minerals 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.


Magna Terra Minerals  (OTCPK:BRIOF) 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.


Magna Terra Minerals Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 401, Toronto, ON, CAN, M5C 2T6
Magna Terra Minerals Inc is a Canada-based precious metals focused exploration company. Magna Terra owns two district-scale, resource-stage gold exploration projects in the top-tier mining jurisdictions of New Brunswick and Newfoundland and Labrador. Principally, it is engaged in the business of acquisition and exploration of mining properties in Argentina and Canada. Its project includes Atlantic Canada; Santa Cruz, and Quebec projects.