GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trilogy Metals Inc (AMEX:TMQ) » Definitions » Retained Earnings

Trilogy Metals (Trilogy Metals) Retained Earnings

: $-85.41 Mil (As of Feb. 2024)
View and export this data going back to 2012. Start your Free Trial

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trilogy Metals's retained earnings for the quarter that ended in Feb. 2024 was $-85.41 Mil.

Trilogy Metals's quarterly retained earnings declined from Aug. 2023 ($-78.79 Mil) to Nov. 2023 ($-81.81 Mil) and declined from Nov. 2023 ($-81.81 Mil) to Feb. 2024 ($-85.41 Mil).

Trilogy Metals's annual retained earnings declined from Nov. 2021 ($-42.61 Mil) to Nov. 2022 ($-66.86 Mil) and declined from Nov. 2022 ($-66.86 Mil) to Nov. 2023 ($-81.81 Mil).


Trilogy Metals Retained Earnings Historical Data

The historical data trend for Trilogy 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.

* Premium members only.

Trilogy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -182.71 -20.95 -42.61 -66.86 -81.81

Trilogy Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Retained Earnings 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 Premium Member Only Premium Member Only Premium Member Only -71.93 -74.74 -78.79 -81.81 -85.41

Trilogy 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.


Trilogy Metals  (AMEX:TMQ) 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.


Trilogy Metals (Trilogy Metals) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
Executives
Elaine Sanders officer: VP & CFO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Diana J Walters director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
William Beckwith Hayden director C/O TRILOGY METALS INC., SUITE 1950, 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Tony Giardini director, officer: President and CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Hensley William L. Iggiagruk director C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
James Gowans director C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
Gregory A. Lang director C/O TRILOGY METALS INC., 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Kalidas V Madhavpeddi other: Former Director 511 ARROYO SQ, SOUTH PASADENA CA 91030
South32 Ltd 10 percent owner LEVEL 35 108 ST GEORGES TERRACE, PERTH WA C3 6000
Electrum Strategic Opportunities Fund L.p. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Janice Stairs director C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
South32 International Investment Holdings Proprietary Ltd 10 percent owner LEVEL 35, 108 ST GEORGES TERRACE, PERTH C3 WA 6000
Nieuwenhuyse Rick Van director, officer: President & CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Esof Gp Ltd. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065