Falcon Gold (TSXV:FG) Retained Earnings : C$-11.13 Mil (As of Dec. 2023)

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What is Falcon Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Falcon Gold's retained earnings for the quarter that ended in Dec. 2023 was C$-11.13 Mil.

Falcon Gold's quarterly retained earnings declined from Jun. 2023 (C$-10.98 Mil) to Sep. 2023 (C$-11.17 Mil) but then increased from Sep. 2023 (C$-11.17 Mil) to Dec. 2023 (C$-11.13 Mil).

Falcon Gold's annual retained earnings declined from Jun. 2021 (C$-8.61 Mil) to Jun. 2022 (C$-9.94 Mil) and declined from Jun. 2022 (C$-9.94 Mil) to Jun. 2023 (C$-10.98 Mil).

Falcon Gold Retained Earnings Historical Data

The historical data trend for Falcon Gold'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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Falcon Gold Retained Earnings Chart

Falcon Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-7.05

-7.72

-8.61

-9.94

-10.98

Falcon Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-10.25	-10.44	-10.98	-11.17	-11.13

Falcon Gold 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.

Falcon Gold (TSXV:FG) 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.

Falcon Gold (TSXV:FG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Falcon Gold Corp (TSXV:FG) » Definitions » Retained Earnings

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FGLDF:USA 3FA:Germany

Address

800 Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.falcongold.ca

Falcon Gold Corp is engaged in acquiring, exploring, and advancing quality mining projects in the Americas. Its projects include Esperanza Property, Central Canada Gold & Polymetalic Project, Camping Lake, Spitfire & Sunny Boy Claims, Burton Gold Property, and Springpole West Property.

Executives

Karim Rayani

Director