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Americas Gold And Silver (TSX:USA) Retained Earnings : C$-612.3 Mil (As of Sep. 2023)


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What is Americas Gold And Silver Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Americas Gold And Silver's retained earnings for the quarter that ended in Sep. 2023 was C$-612.3 Mil.

Americas Gold And Silver's quarterly retained earnings increased from Mar. 2023 (C$-600.5 Mil) to Jun. 2023 (C$-590.2 Mil) but then declined from Jun. 2023 (C$-590.2 Mil) to Sep. 2023 (C$-612.3 Mil).

Americas Gold And Silver's annual retained earnings declined from Dec. 2020 (C$-294.9 Mil) to Dec. 2021 (C$-496.6 Mil) and declined from Dec. 2021 (C$-496.6 Mil) to Dec. 2022 (C$-582.6 Mil).


Americas Gold And Silver Retained Earnings Historical Data

The historical data trend for Americas Gold And Silver'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.

Americas Gold And Silver Retained Earnings Chart

Americas Gold And Silver Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -228.58 -267.51 -294.93 -496.58 -582.59

Americas Gold And Silver Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -554.53 -582.59 -600.47 -590.19 -612.32

Americas Gold And Silver 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.


Americas Gold And Silver  (TSX:USA) 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.


Americas Gold And Silver (TSX:USA) Business Description

Traded in Other Exchanges
Address
145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8
Americas Gold And Silver Corp is a mining company is engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets are The Cosala operations, The Galena Complex, and Relief Canyon. The company also holds interests in the San Felipe Development Project located in Sonora, Mexico.

Americas Gold And Silver (TSX:USA) Headlines

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