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Nevsun Resources (Nevsun Resources) Retained Earnings : $58.0 Mil (As of Sep. 2018)


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What is Nevsun Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nevsun Resources's retained earnings for the quarter that ended in Sep. 2018 was $58.0 Mil.

Nevsun Resources's quarterly retained earnings declined from Mar. 2018 ($86.0 Mil) to Jun. 2018 ($76.7 Mil) and declined from Jun. 2018 ($76.7 Mil) to Sep. 2018 ($58.0 Mil).

Nevsun Resources's annual retained earnings declined from Dec. 2015 ($225.4 Mil) to Dec. 2016 ($183.5 Mil) and declined from Dec. 2016 ($183.5 Mil) to Dec. 2017 ($90.5 Mil).


Nevsun Resources Retained Earnings Historical Data

The historical data trend for Nevsun Resources'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.

Nevsun Resources Retained Earnings Chart

Nevsun Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 187.80 253.04 225.44 183.47 90.54

Nevsun Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 165.03 90.54 86.04 76.67 58.00

Nevsun Resources 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.


Nevsun Resources  (AMEX:NSU) 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.


Nevsun Resources (Nevsun Resources) Business Description

Traded in Other Exchanges
N/A
Address
1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1
Nevsun Resources Ltd is involved in acquisition, exploration, development and operation of mineral property interests. The company primarily engages in copper and zinc production at Bisha, a large, high-grade volcanogenic massive sulphide deposit located 150km west of Asmara, Eritrea, East Africa. The company generates revenue through the sale of copper and zinc concentrates which contain gold and silver by-products. Bisha is mined using conventional drill and blast open pit mining techniques to remove waste and deliver ore to the run of mine stock pile. Nevsun Resources also operates a high-grade copper and gold Timok project, a high-grade deposit located in the Bor mining district, in Serbia.