Evergreen Lithium (ASX:EG1) Retained Earnings : A$-12.91 Mil (As of Dec. 2024)

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What is Evergreen Lithium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Evergreen Lithium's retained earnings for the quarter that ended in Dec. 2024 was A$-12.91 Mil.

Evergreen Lithium's quarterly retained earnings declined from Dec. 2023 (A$-8.09 Mil) to Jun. 2024 (A$-11.74 Mil) and declined from Jun. 2024 (A$-11.74 Mil) to Dec. 2024 (A$-12.91 Mil).

Evergreen Lithium's annual retained earnings declined from Jun. 2021 (A$-1.46 Mil) to Jun. 2023 (A$-6.32 Mil) and declined from Jun. 2023 (A$-6.32 Mil) to Jun. 2024 (A$-11.74 Mil).

Evergreen Lithium Retained Earnings Historical Data

The historical data trend for Evergreen Lithium'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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Evergreen Lithium Retained Earnings Chart

Evergreen Lithium Annual Data

Trend

Jun20

Jun21

Jun23

Jun24

Retained Earnings

-1.40

-1.46

-6.32

-11.74

Evergreen Lithium Semi-Annual Data
	Jun20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial			-13.19	-6.32	-8.09	-11.74	-12.91

Evergreen Lithium 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.

Evergreen Lithium (ASX:EG1) 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.

Evergreen Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Evergreen Lithium Ltd (ASX:EG1) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

9-11 Claremont Street, Suite 205, South Yarra, VIC, AUS, 3141

Website

https://www.evergreenlithium.com.au

Evergreen Lithium Ltd is a hard rock lithium explorer company. Company project includes Bynoe Lithium Project located in the Northern Territory, Fortune Lithium Project, located in the Northern Territory and Kenny Lithium Project, located in Western Australia. The company has single operating segment, being the exploration for, and development of, mineral deposits in the Northern Territory and Western Australia.

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