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Sprott Physical Uranium Trust (TSX:U.U) Retained Earnings : $342.18 Mil (As of Dec. 2022)


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What is Sprott Physical Uranium Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sprott Physical Uranium Trust's retained earnings for the quarter that ended in Dec. 2022 was $342.18 Mil.

Sprott Physical Uranium Trust's quarterly retained earnings increased from Feb. 2021 ($-212.33 Mil) to Jun. 2022 ($477.05 Mil) but then declined from Jun. 2022 ($477.05 Mil) to Dec. 2022 ($342.18 Mil).

Sprott Physical Uranium Trust's annual retained earnings increased from Feb. 2021 ($-212.33 Mil) to Dec. 2022 ($342.18 Mil) and increased from Dec. 2022 ($342.18 Mil) to Dec. 2023 ($2,972.87 Mil).


Sprott Physical Uranium Trust Retained Earnings Historical Data

The historical data trend for Sprott Physical Uranium Trust'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.

Sprott Physical Uranium Trust Retained Earnings Chart

Sprott Physical Uranium Trust Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -191.89 -232.10 -212.33 342.18 2,972.87

Sprott Physical Uranium Trust Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Jun22 Dec22 Dec23
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 -149.97 -212.33 477.05 342.18 2,972.87

Sprott Physical Uranium Trust 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.


Sprott Physical Uranium Trust  (TSX:U.U) 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.


Sprott Physical Uranium Trust (TSX:U.U) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, ON, CAN, M5J 2J1
Sprott Physical Uranium Trust is an investment company managed by Denison Mines Inc. Its primary interest lies in investing in Uranium based assets, including uranium oxide and uranium hexafluoride. The company stores its uranium deposits at uranium conversion facilities.

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