ADMG (Adamant DRI Processing and Minerals Group) Retained Earnings: $-9.59 Mil (As of Sep. 2023)

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ADMG Adamant DRI Processing and Minerals Group ADMG
20 GF Score
Price $0.12
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What is Adamant DRI Processing and Minerals Group Retained Earnings?

Adamant DRI Processing and Minerals Group ADMG 20 Retained Earnings is $-9.59 Mil as of Sep. 2023. GuruFocus rates ADMG with a GF Score™ of 20/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Adamant DRI Processing and Minerals Group's retained earnings for the quarter that ended in Sep. 2023 was $-9.59 Mil.

Adamant DRI Processing and Minerals Group's quarterly retained earnings declined from Mar. 2023 ($-9.56 Mil) to Jun. 2023 ($-9.58 Mil) and declined from Jun. 2023 ($-9.58 Mil) to Sep. 2023 ($-9.59 Mil).

Adamant DRI Processing and Minerals Group's annual retained earnings declined from Dec. 2020 ($-9.42 Mil) to Dec. 2021 ($-9.48 Mil) and declined from Dec. 2021 ($-9.48 Mil) to Dec. 2022 ($-9.55 Mil).

Adamant DRI Processing and Minerals Group  (OTCPK:ADMG) 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.

Adamant DRI Processing and Minerals Group Retained Earnings Historical Data

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The historical data trend for Adamant DRI Processing and Minerals Group'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.

Adamant DRI Processing and Minerals Group Retained Earnings Chart

Adamant DRI Processing and Minerals Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.84 -9.59 -9.42 -9.48 -9.55

Adamant DRI Processing and Minerals Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 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 -9.54 -9.55 -9.56 -9.58 -9.59
ADMG
20GF Score
Adamant DRI Processing and Minerals Group ADMG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Adamant DRI Processing and Minerals Group 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-9.59 Mil mean?
Adamant DRI Processing and Minerals Group (ADMG) has a Retained Earnings of $-9.59 Mil as of Sep. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Adamant DRI Processing and Minerals Group and its competitors.
Is Adamant DRI Processing and Minerals Group's Retained Earnings too high?
Adamant DRI Processing and Minerals Group's current Retained Earnings is $-9.59 Mil. Overall, Adamant DRI Processing and Minerals Group has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Adamant DRI Processing and Minerals Group's Retained Earnings compare to NFTN and FORW?
Adamant DRI Processing and Minerals Group's Retained Earnings of $-9.59 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Diversified Financial Services company?
A good Retained Earnings depends on the Diversified Financial Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Adamant DRI Processing and Minerals Group and its competitors. Adamant DRI Processing and Minerals Group's current Retained Earnings is $-9.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adamant DRI Processing and Minerals Group stock overvalued right now?
Adamant DRI Processing and Minerals Group (ADMG) has a current Retained Earnings of $-9.59 Mil. The current Retained Earnings is $-9.59 Mil. Adamant DRI Processing and Minerals Group's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Adamant DRI Processing and Minerals Group (ADMG), the current Retained Earnings is $-9.59 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adamant DRI Processing and Minerals Group Business Description

Address Clonmullen, Co Wexford, Bunclody, COL, WX Y21X9C8
Adamant DRI Processing and Minerals Group is a shell company.
20GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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