Great Panther Mining (Great Panther Mining) Retained Earnings : $-232.2 Mil (As of Jun. 2022)

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What is Great Panther Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Great Panther Mining's retained earnings for the quarter that ended in Jun. 2022 was $-232.2 Mil.

Great Panther Mining's quarterly retained earnings declined from Dec. 2021 ($-211.0 Mil) to Mar. 2022 ($-219.9 Mil) and declined from Mar. 2022 ($-219.9 Mil) to Jun. 2022 ($-232.2 Mil).

Great Panther Mining's annual retained earnings increased from Dec. 2019 ($-169.1 Mil) to Dec. 2020 ($-168.8 Mil) but then declined from Dec. 2020 ($-168.8 Mil) to Dec. 2021 ($-211.0 Mil).

Great Panther Mining Retained Earnings Historical Data

The historical data trend for Great Panther Mining'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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Great Panther Mining Retained Earnings Chart

Great Panther Mining Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

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-68.02

-78.09

-169.11

-168.77

-211.01

Great Panther Mining Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Retained Earnings	Get a 7-Day Free Trial															-179.16	-197.21	-211.01	-219.90	-232.23

Great Panther Mining 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.

Great Panther Mining (OTCPK:GPLDF) 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.

Great Panther Mining (Great Panther Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Panther Mining Ltd (OTCPK:GPLDF) » Definitions » Retained Earnings

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Address

1330 - 200 Granville Street, Vancouver, BC, CAN, V6C 1S4

Website

https://www.greatpanther.com

Great Panther Mining Ltd is a precious metals mining and exploration company. The company operates three mines, including the Tucano Gold Mine in Amapa State, Brazil, and two primary silver mines in Mexico: the Guanajuato Mine Complex (GMC) and the Topia Mine. Its Coricancha segment contains the net assets associated with Coricancha and the Corporate segment provides financial, human resources, and technical support to the three mining operations and Coricancha. The GMC operation produces silver and gold in concentrate, and the Topia operation produces silver, gold, lead, and zinc in concentrate for refining off-site. The Tucano operation produces gold dore. It generates the majority of its revenue from Brazil.