T2 Metals (T2 Metals) Retained Earnings : $-23.01 Mil (As of Jan. 2024)

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What is T2 Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. T2 Metals's retained earnings for the quarter that ended in Jan. 2024 was $-23.01 Mil.

T2 Metals's quarterly retained earnings increased from Jul. 2023 ($-23.29 Mil) to Oct. 2023 ($-22.47 Mil) but then declined from Oct. 2023 ($-22.47 Mil) to Jan. 2024 ($-23.01 Mil).

T2 Metals's annual retained earnings declined from Apr. 2020 ($-19.84 Mil) to Apr. 2021 ($-22.99 Mil) and declined from Apr. 2021 ($-22.99 Mil) to Apr. 2022 ($-23.75 Mil).

T2 Metals Retained Earnings Historical Data

The historical data trend for T2 Metals'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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T2 Metals Retained Earnings Chart

T2 Metals Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Retained Earnings

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-21.88

-20.73

-19.84

-22.99

-23.75

T2 Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															-22.17	-22.71	-23.29	-22.47	-23.01

T2 Metals 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.

T2 Metals (OTCPK:AGLAF) 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.

T2 Metals (T2 Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » T2 Metals Corp (OTCPK:AGLAF) » Definitions » Retained Earnings

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WJ6:Germany TWO:Canada

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.t2metals.com

T2 Metals Corp is engaged in the discovery of gold, silver, and copper. The company has acquired 100% ownership through staking, the Cora copper project, located in Pinal County, Arizona. The company targets under-explored districts where post-mineralization cover masks areas of high geological prospectivity in the vicinity of major mines. Its projects include Lida project and Sherridon project.

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