Almonty Industries (Almonty Industries) Retained Earnings : $-77.46 Mil (As of Dec. 2023)

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What is Almonty Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Almonty Industries's retained earnings for the quarter that ended in Dec. 2023 was $-77.46 Mil.

Almonty Industries's quarterly retained earnings declined from Jun. 2023 ($-74.44 Mil) to Sep. 2023 ($-74.47 Mil) and declined from Sep. 2023 ($-74.47 Mil) to Dec. 2023 ($-77.46 Mil).

Almonty Industries's annual retained earnings declined from Dec. 2021 ($-62.97 Mil) to Dec. 2022 ($-69.99 Mil) and declined from Dec. 2022 ($-69.99 Mil) to Dec. 2023 ($-77.46 Mil).

Almonty Industries Retained Earnings Historical Data

The historical data trend for Almonty Industries'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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Almonty Industries Retained Earnings Chart

Almonty Industries Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-44.92

-56.87

-62.97

-69.99

-77.46

Almonty Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-69.99	-71.26	-74.44	-74.47	-77.46

Almonty Industries 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.

Almonty Industries (OTCPK:ALMTF) 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.

Almonty Industries (Almonty Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almonty Industries Inc (OTCPK:ALMTF) » Definitions » Retained Earnings

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Traded in Other Exchanges

1MR:Germany AII:Canada AII:Australia

Address

100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.almonty.com

Almonty Industries Inc is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain - the Los Santos Mine, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal - the Panasqueira Mine, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora - the Valtreixal Mine, as well as the evaluation and evaluation of its Sangdong tungsten mine project located in Gangwon Province, Republic of Korea - the Sangdong Mine.