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Barton Gold Holdings (ASX:BGD) Retained Earnings : A$-26.12 Mil (As of Dec. 2023)


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What is Barton Gold Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Barton Gold Holdings's retained earnings for the quarter that ended in Dec. 2023 was A$-26.12 Mil.

Barton Gold Holdings's quarterly retained earnings declined from Dec. 2022 (A$-18.47 Mil) to Jun. 2023 (A$-20.23 Mil) and declined from Jun. 2023 (A$-20.23 Mil) to Dec. 2023 (A$-26.12 Mil).

Barton Gold Holdings's annual retained earnings declined from Jun. 2021 (A$-10.45 Mil) to Jun. 2022 (A$-14.55 Mil) and declined from Jun. 2022 (A$-14.55 Mil) to Jun. 2023 (A$-20.23 Mil).


Barton Gold Holdings Retained Earnings Historical Data

The historical data trend for Barton Gold Holdings'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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Barton Gold Holdings Retained Earnings Chart

Barton Gold Holdings Annual Data
Trend Jun21 Jun22 Jun23
Retained Earnings
-10.45 -14.55 -20.23

Barton Gold Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial -14.87 -14.55 -18.47 -20.23 -26.12

Barton Gold Holdings 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.


Barton Gold Holdings  (ASX:BGD) 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.


Barton Gold Holdings Business Description

Traded in Other Exchanges
Address
12 Gilles Street, Level 4, Adelaide, SA, AUS, 5000
Barton Gold Holdings Ltd is a mineral exploration company. Its projects comprise Tarcoola, Tunkillia, and Challenger, among others. The company operates in one operating segment, being exploration in Australia.

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