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Live Energy Minerals (XCNQ:LIVE) Retained Earnings : C$-1.02 Mil (As of Apr. 2025)


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What is Live Energy Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Live Energy Minerals's retained earnings for the quarter that ended in Apr. 2025 was C$-1.02 Mil.

Live Energy Minerals's quarterly retained earnings declined from Oct. 2024 (C$-0.97 Mil) to Jan. 2025 (C$-0.98 Mil) and declined from Jan. 2025 (C$-0.98 Mil) to Apr. 2025 (C$-1.02 Mil).

Live Energy Minerals's annual retained earnings declined from Oct. 2022 (C$-0.21 Mil) to Oct. 2023 (C$-0.34 Mil) and declined from Oct. 2023 (C$-0.34 Mil) to Oct. 2024 (C$-0.97 Mil).


Live Energy Minerals Retained Earnings Historical Data

The historical data trend for Live Energy Minerals'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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Live Energy Minerals Retained Earnings Chart

Live Energy Minerals Annual Data
Trend Oct21 Oct22 Oct23 Oct24
Retained Earnings
-0.03 -0.21 -0.34 -0.97

Live Energy Minerals Quarterly Data
Apr21 Jul21 Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 -0.43 -0.47 -0.97 -0.98 -1.02

Live Energy Minerals 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.


Live Energy Minerals  (XCNQ:LIVE) 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.


Live Energy Minerals Business Description

Traded in Other Exchanges
Address
1890-1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9
Live Energy Minerals Corp is an exploration stage natural resource company engaged in the evaluation, acquisition and exploration of mineral resource properties with the intention, if warranted, of placing them into production. The Company currently has one principal project, the Skygold Project located in the Omineca Mining District in central British Columbia to which the Company can earn up to a 100% interest by the payment of cash, share issuances and exploration work commitments.