GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eagle Graphite Inc (OTCPK:APMFF) » Definitions » Retained Earnings

Eagle Graphite (Eagle Graphite) Retained Earnings : $-11.35 Mil (As of Feb. 2022)


View and export this data going back to . Start your Free Trial

What is Eagle Graphite Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eagle Graphite's retained earnings for the quarter that ended in Feb. 2022 was $-11.35 Mil.

Eagle Graphite's quarterly retained earnings declined from Aug. 2021 ($-11.07 Mil) to Nov. 2021 ($-11.37 Mil) but then increased from Nov. 2021 ($-11.37 Mil) to Feb. 2022 ($-11.35 Mil).

Eagle Graphite's annual retained earnings increased from May. 2019 ($-10.40 Mil) to May. 2020 ($-10.03 Mil) but then declined from May. 2020 ($-10.03 Mil) to May. 2021 ($-11.44 Mil).


Eagle Graphite Retained Earnings Historical Data

The historical data trend for Eagle Graphite'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.

Eagle Graphite Retained Earnings Chart

Eagle Graphite Annual Data
Trend Jul12 Jul13 Jul14 May15 May16 May17 May18 May19 May20 May21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.87 -9.97 -10.40 -10.03 -11.44

Eagle Graphite Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 -11.08 -11.44 -11.07 -11.37 -11.35

Eagle Graphite 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.


Eagle Graphite  (OTCPK:APMFF) 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.


Eagle Graphite (Eagle Graphite) Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Toronto, ON, CAN, M5J 1P1
Eagle Graphite Inc is a junior exploration-stage company. Principally, the company is engaged in the business of graphite exploration and evaluation in British Columbia, Canada. Its project includes Black crystal project located in the Slocan Valley area of British Columbia, approximately 35 kilometers west of the city of Nelson, and approximately 70 kilometers north of the border to the United States of America. The projects main activities comprise of graphite quarry and processing plant.