Banro (BAA) Retained Earnings : $-468.5 Mil (As of Jun. 2017)

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What is Banro Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banro's retained earnings for the quarter that ended in Jun. 2017 was $-468.5 Mil.

Banro's quarterly retained earnings declined from Dec. 2016 ($-206.8 Mil) to Mar. 2017 ($-222.7 Mil) and declined from Mar. 2017 ($-222.7 Mil) to Jun. 2017 ($-468.5 Mil).

Banro's annual retained earnings declined from Dec. 2014 ($-82.4 Mil) to Dec. 2015 ($-155.9 Mil) and declined from Dec. 2015 ($-155.9 Mil) to Dec. 2016 ($-206.8 Mil).

Banro Retained Earnings Historical Data

The historical data trend for Banro'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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Banro Retained Earnings Chart

Banro Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Retained Earnings

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-84.32

-82.69

-82.37

-155.92

-206.85

Banro Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Retained Earnings	Get a 7-Day Free Trial															-192.54	-197.19	-206.85	-222.72	-468.49

Banro 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.

Banro (AMEX:BAA) 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.

Banro (BAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Banro Corp (AMEX:BAA) » Definitions » Retained Earnings

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Address

100 King Street West, Suite 7070, 1 First Canadian Place, Toronto, ON, CAN, M5X 1E3

Website

http://www.banro.com

Banro Corp is a Canadian gold mining company. Principally it focuses on exploration, development, and production of mineral properties in the Democratic Republic of the Congo. The company holds two gold producing mines Twangiza mines and Namoya mines and two advancing gold exploration projects which include Lugushwa project and Kamituga project. Twangiza mine property is located approximately 45 kilometers south-southwest of Bukavu in south Kivu Province whereas the Namoya mine property lies at the southern end of the Twangiza-Namoya gold belt in Maniema province. The company's Lugushwa project and Kamituga project, both are located in the southwest city of Bukavu.

Banro (BAA) Headlines

From GuruFocus

Banro Corporation – On the Doorstep of Major Gold Production

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