Heavy Minerals (ASX:HVY) Retained Earnings : A$-7.74 Mil (As of Dec. 2024)

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What is Heavy Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Heavy Minerals's retained earnings for the quarter that ended in Dec. 2024 was A$-7.74 Mil.

Heavy Minerals's quarterly retained earnings declined from Dec. 2023 (A$-6.76 Mil) to Jun. 2024 (A$-7.25 Mil) and declined from Jun. 2024 (A$-7.25 Mil) to Dec. 2024 (A$-7.74 Mil).

Heavy Minerals's annual retained earnings declined from Jun. 2022 (A$-4.93 Mil) to Jun. 2023 (A$-6.10 Mil) and declined from Jun. 2023 (A$-6.10 Mil) to Jun. 2024 (A$-7.25 Mil).

Heavy Minerals Retained Earnings Historical Data

The historical data trend for Heavy Minerals'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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Heavy Minerals Retained Earnings Chart

Heavy Minerals Annual Data

Trend

Jun22

Jun23

Jun24

Retained Earnings

-4.93

-6.10

-7.25

Heavy Minerals Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial			-5.43	-6.10	-6.76	-7.25	-7.74

Heavy Minerals 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.

Heavy Minerals (ASX:HVY) 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.

Heavy Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Minerals Ltd (ASX:HVY) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.heavyminerals.com

Heavy Minerals Ltd is a mineral exploration and development company. It holds interest in the Port Gregory Project and Red Hill Project. The firm operates in one business segment being the exploration for minerals with entities based in three geographic segments, being Australia, Mauritius and Mozambique.

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