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

Javelin Minerals (ASX:JAV) Retained Earnings : A$-38.41 Mil (As of Dec. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Javelin Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Javelin Minerals's retained earnings for the quarter that ended in Dec. 2024 was A$-38.41 Mil.

Javelin Minerals's quarterly retained earnings declined from Dec. 2023 (A$-33.37 Mil) to Jun. 2024 (A$-36.61 Mil) and declined from Jun. 2024 (A$-36.61 Mil) to Dec. 2024 (A$-38.41 Mil).

Javelin Minerals's annual retained earnings declined from Jun. 2022 (A$-32.16 Mil) to Jun. 2023 (A$-32.82 Mil) and declined from Jun. 2023 (A$-32.82 Mil) to Jun. 2024 (A$-36.61 Mil).


Javelin Minerals Retained Earnings Historical Data

The historical data trend for Javelin 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.

* Premium members only.

Javelin Minerals Retained Earnings Chart

Javelin Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.54 -31.18 -32.16 -32.82 -36.61

Javelin Minerals 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 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 -32.53 -32.82 -33.37 -36.61 -38.41

Javelin 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.


Javelin Minerals  (ASX:JAV) 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.


Javelin Minerals Business Description

Traded in Other Exchanges
N/A
Address
1202 Hay Street, West Perth, Perth, WA, AUS, 6005
Javelin Minerals Ltd formerly Victory Mines Ltd is engaged in the mineral exploration company. Its projects are Bonaparte; Coogee Gold; Malamute and Husky; Copper Mountain and Galah Well and Peperill Hill Projects. The company's operating segment includes Mineral exploration and development in Western Australia and New South Wales. Geographically, it operates only in Australia.

Javelin Minerals Headlines

No Headlines