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Superior Copper (Superior Copper) Retained Earnings : $-9.43 Mil (As of Feb. 2016)


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What is Superior Copper Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Superior Copper's retained earnings for the quarter that ended in Feb. 2016 was $-9.43 Mil.

Superior Copper's quarterly retained earnings declined from Aug. 2015 ($-5.34 Mil) to Nov. 2015 ($-5.35 Mil) and declined from Nov. 2015 ($-5.35 Mil) to Feb. 2016 ($-9.43 Mil).

Superior Copper's annual retained earnings increased from May. 2013 ($-7.04 Mil) to May. 2014 ($-6.76 Mil) and increased from May. 2014 ($-6.76 Mil) to May. 2015 ($-5.73 Mil).


Superior Copper Retained Earnings Historical Data

The historical data trend for Superior Copper'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.

Superior Copper Retained Earnings Chart

Superior Copper Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.00 -6.57 -7.04 -6.76 -5.73

Superior Copper Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 -5.67 -5.73 -5.34 -5.35 -9.43

Superior Copper 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.


Superior Copper  (OTCPK:CNTGF) 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.


Superior Copper (Superior Copper) Business Description

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Superior Copper Corp was incorporated on January 14, 1993. It is a mineral exploration company focused on emerging and transitional environments and is exploring base metal assets located in Ontario and Quebec. The Company has two focal exploration projects, the Batchawana Copper Property in Ontario and the Rivière Doré Project in Québec.

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