USAU has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
USAU has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. U.S. Gold's retained earnings for the quarter that ended in Jan. 2024 was $-70.79 Mil.
U.S. Gold's quarterly retained earnings declined from Jul. 2023 ($-68.85 Mil) to Oct. 2023 ($-69.10 Mil) and declined from Oct. 2023 ($-69.10 Mil) to Jan. 2024 ($-70.79 Mil).
U.S. Gold's annual retained earnings declined from Apr. 2021 ($-43.98 Mil) to Apr. 2022 ($-58.34 Mil) and declined from Apr. 2022 ($-58.34 Mil) to Apr. 2023 ($-65.95 Mil).
The historical data trend for U.S. Gold'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.
U.S. Gold Annual Data | |||||||||||||||||||||
Trend | Apr14 | Apr15 | Apr16 | Apr17 | Apr18 | Apr19 | Apr20 | Apr21 | Apr22 | Apr23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -26.28 | -31.59 | -43.98 | -58.34 | -65.95 |
U.S. Gold Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Retained Earnings | Get a 7-Day Free Trial | -63.64 | -65.95 | -68.85 | -69.10 | -70.79 |
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.
U.S. Gold (NAS:USAU) 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.
Ryan K Zinke | director | 409 W 2ND STREET, WHITEFISH MT 59932 |
Luke Anthony Norman | director | 1910 E. IDAHO STREET, SUITE 102-BOX 604, ELKO NV 89801 |
George M Bee | officer: President | 30 OLD MILL ROAD, SUITE 806, ETOBICOKE A6 M8X 0A5 |
Robert W Schafer | director | C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801 |
Michael N Waldkirch | director | C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801 |
Kevin A. Francis | officer: VP - Exploration | 553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126 |
Eric Alexander | officer: CFO, Secretary | 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401 |
Tara Gilfillan | director | C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801 |
Ted Riley Sharp | officer: Chief Financial Officer | 714 WHISPERWOOD COURT, NAMPA ID 83686 |
Edward M Karr | director | RAMPARTNERS, 19 BLVD GEORGES-FAVON, GENEVA V8 1204 |
Douglas J Newby | director | 120 BROADWAY, SUITE 1010, NEW YORK NY 10271 |
David C. Mathewson | officer: Vice President of Exploration | 1265 MESA DRIVE, FERNLEY NV 89408 |
David Rector | officer: COO U.S. Gold Corp. | |
Robert J Delaversano | officer: Principal Financial Officer | 217 W. MAIN STREET, SOMERVILLE NJ 08876 |
Andrew J Kaplan | director | SUITE 200 623 RIVER ROAD, FAIR HAVEN NJ 07704 |
From GuruFocus
By PRNewswire PRNewswire • 11-22-2022
By PRNewswire PRNewswire • 07-04-2022
By PRNewswire PRNewswire • 08-10-2022
By PRNewswire PRNewswire • 04-12-2023
By PRNewswire PRNewswire • 04-19-2023
By PRNewswire PRNewswire • 07-11-2022
By PRNewswire • 09-12-2023
By PRNewswire PRNewswire • 02-14-2023
By PRNewswire PRNewswire • 03-22-2023
By PRNewswire • 09-27-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.