Brockman Mining (ASX:BCK) Retained Earnings : A$-862.94 Mil (As of Dec. 2024)

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What is Brockman Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Brockman Mining's retained earnings for the quarter that ended in Dec. 2024 was A$-862.94 Mil.

Brockman Mining's quarterly retained earnings declined from Dec. 2023 (A$-808.32 Mil) to Jun. 2024 (A$-815.43 Mil) and declined from Jun. 2024 (A$-815.43 Mil) to Dec. 2024 (A$-862.94 Mil).

Brockman Mining's annual retained earnings declined from Jun. 2022 (A$-754.07 Mil) to Jun. 2023 (A$-801.86 Mil) and declined from Jun. 2023 (A$-801.86 Mil) to Jun. 2024 (A$-815.43 Mil).

Brockman Mining Retained Earnings Historical Data

The historical data trend for Brockman Mining'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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Brockman Mining Retained Earnings Chart

Brockman Mining Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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-771.02

-697.34

-754.07

-801.86

-815.43

Brockman Mining Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-797.11	-801.86	-808.32	-815.43	-862.94

Brockman Mining 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.

Brockman Mining (ASX:BCK) 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.

Brockman Mining Business Description

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00159:Hong Kong

Address

679 Murray Street, Level 2, Perth, WA, AUS, 6005

Website

http://www.brockmanmining.com

Brockman Mining Ltd is an investment holding company principally engaged in the exploration and development of iron ore mining projects. Its reportable segments are Mineral tenements in Australia and Others. Its project includes the Marillana Iron Ore Project, West Pilbara Project, Punda Springs Iron Ore Project and Ophthalmia Project. Its geographical segments are Australia and Hong Kong.

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