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Rambler Metals and Mining (Rambler Metals and Mining) Retained Earnings : $-77.22 Mil (As of Jun. 2022)


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What is Rambler Metals and Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rambler Metals and Mining's retained earnings for the quarter that ended in Jun. 2022 was $-77.22 Mil.

Rambler Metals and Mining's quarterly retained earnings declined from Jun. 2021 ($-61.37 Mil) to Dec. 2021 ($-70.32 Mil) and declined from Dec. 2021 ($-70.32 Mil) to Jun. 2022 ($-77.22 Mil).

Rambler Metals and Mining's annual retained earnings declined from Dec. 2019 ($-54.85 Mil) to Dec. 2020 ($-56.62 Mil) and declined from Dec. 2020 ($-56.62 Mil) to Dec. 2021 ($-70.32 Mil).


Rambler Metals and Mining Retained Earnings Historical Data

The historical data trend for Rambler Metals and 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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Rambler Metals and Mining Retained Earnings Chart

Rambler Metals and Mining Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.48 -39.38 -54.85 -56.62 -70.32

Rambler Metals and Mining Semi-Annual Data
Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -59.90 -56.62 -61.37 -70.32 -77.22

Rambler Metals and 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.


Rambler Metals and Mining  (OTCPK:RBMTF) 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.


Rambler Metals and Mining (Rambler Metals and Mining) Business Description

Traded in Other Exchanges
N/A
Address
3 Sheen Road, Richmond upon Thames, Surrey, GBR, TW9 1AD
Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company earns most of the revenue from Canada.

Rambler Metals and Mining (Rambler Metals and Mining) Headlines