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Aquarius Platinum (Aquarius Platinum) Retained Earnings : $-532.8 Mil (As of Dec. 2015)


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What is Aquarius Platinum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aquarius Platinum's retained earnings for the quarter that ended in Dec. 2015 was $-532.8 Mil.

Aquarius Platinum's quarterly retained earnings declined from Dec. 2014 ($-417.3 Mil) to Jun. 2015 ($-456.8 Mil) and declined from Jun. 2015 ($-456.8 Mil) to Dec. 2015 ($-532.8 Mil).

Aquarius Platinum's annual retained earnings declined from Jun. 2013 ($-347.4 Mil) to Jun. 2014 ($-360.5 Mil) and declined from Jun. 2014 ($-360.5 Mil) to Jun. 2015 ($-456.8 Mil).


Aquarius Platinum Retained Earnings Historical Data

The historical data trend for Aquarius Platinum'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.

Aquarius Platinum Retained Earnings Chart

Aquarius Platinum Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.65 -60.20 -347.40 -360.45 -456.76

Aquarius Platinum Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 -371.44 -360.45 -417.28 -456.76 -532.83

Aquarius Platinum 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.


Aquarius Platinum  (OTCPK:AQPTY) 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.


Aquarius Platinum (Aquarius Platinum) Business Description

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Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

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