Sinclair Gold (ASX:SGC) Retained Earnings: A$-50.21 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:SGC Sinclair Gold Ltd ASX:SGC
21 GF Score
Price A$1.37
! 2 Warning Signs
View Full Analysis

What is Sinclair Gold Retained Earnings?

Sinclair Gold ASX:SGC 21 Retained Earnings is A$-50.21 Mil as of Dec. 2025. GuruFocus rates ASX:SGC with a GF Score™ of 21/100. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sinclair Gold's retained earnings for the quarter that ended in Dec. 2025 was A$-50.21 Mil.

Sinclair Gold's quarterly retained earnings declined from Dec. 2024 (A$-45.15 Mil) to Jun. 2025 (A$-47.68 Mil) and declined from Jun. 2025 (A$-47.68 Mil) to Dec. 2025 (A$-50.21 Mil).

Sinclair Gold's annual retained earnings declined from Jun. 2023 (A$-41.35 Mil) to Jun. 2024 (A$-46.73 Mil) and declined from Jun. 2024 (A$-46.73 Mil) to Jun. 2025 (A$-47.68 Mil).


Sinclair Gold  (ASX:SGC) 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.


Sinclair Gold Retained Earnings Historical Data

* Premium members only.

The historical data trend for Sinclair Gold'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.

Sinclair Gold Retained Earnings Chart

Sinclair Gold Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.36 -34.30 -41.35 -46.73 -47.68

Sinclair Gold Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -44.57 -46.73 -45.15 -47.68 -50.21
ASX:SGC
21GF Score
Sinclair Gold Ltd ASX:SGC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinclair Gold 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of A$-50.21 Mil mean?
Sinclair Gold (ASX:SGC) has a Retained Earnings of A$-50.21 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sinclair Gold and its competitors.
Is Sinclair Gold's Retained Earnings too high?
Sinclair Gold's current Retained Earnings is A$-50.21 Mil. Overall, Sinclair Gold has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Sinclair Gold's Retained Earnings compare to HL?
Sinclair Gold's Retained Earnings of A$-50.21 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Sinclair Gold and its competitors. Sinclair Gold's current Retained Earnings is A$-50.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinclair Gold stock overvalued right now?
Sinclair Gold (ASX:SGC) has a current Retained Earnings of A$-50.21 Mil. The current Retained Earnings is A$-50.21 Mil. Sinclair Gold's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Sinclair Gold (ASX:SGC), the current Retained Earnings is A$-50.21 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sinclair Gold Business Description

Other Exchanges 5YU:Germany
Address 8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Alicanto Minerals Ltd is a mineral exploration company. It is focused on exploring the Falun copper-gold project and the Sala zinc-silver project in Sweden. The company's operating segments are exploration for mineral reserves in Sweden and the corporate function in Australia.
21GF Score

Get the complete analysis for ASX:SGC

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.37
Price