BGL (Blue Gold) Retained Earnings: $-33.88 Mil (As of Dec. 2025)


BGL Blue Gold Ltd BGL
12 GF Score
Price $0.27
! 2 Warning Signs
View Full Analysis

What is Blue Gold Retained Earnings?

Blue Gold BGL -12.03% 12 Retained Earnings is $-33.88 Mil as of Dec. 2025. GuruFocus rates BGL with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blue Gold's retained earnings for the quarter that ended in Dec. 2025 was $-33.88 Mil.

Blue Gold's quarterly retained earnings declined from Dec. 2024 ($-11.97 Mil) to Jun. 2025 ($-19.81 Mil) and declined from Jun. 2025 ($-19.81 Mil) to Dec. 2025 ($-33.88 Mil).

Blue Gold's annual retained earnings declined from Dec. 2023 ($-3.52 Mil) to Dec. 2024 ($-11.97 Mil) and declined from Dec. 2024 ($-11.97 Mil) to Dec. 2025 ($-33.88 Mil).

Blue Gold  (NAS:BGL) 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.

Blue Gold Retained Earnings Historical Data

* Premium members only.

The historical data trend for Blue 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.

Blue Gold Retained Earnings Chart

Blue Gold Annual Data
Trend Dec23 Dec24 Dec25
Retained Earnings
-3.52 -11.97 -33.88

Blue Gold Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Retained Earnings -3.52 -3.52 -11.97 -19.81 -33.88
BGL
12GF Score
Blue Gold Ltd BGL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue 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 $-33.88 Mil mean?
Blue Gold (BGL) has a Retained Earnings of $-33.88 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Blue Gold and its competitors.
Is Blue Gold's Retained Earnings too high?
Blue Gold's current Retained Earnings is $-33.88 Mil. Overall, Blue Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Blue Gold's Retained Earnings compare to NGLD and RYES?
Blue Gold's Retained Earnings of $-33.88 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 Blue Gold and its competitors. Blue Gold's current Retained Earnings is $-33.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Gold stock overvalued right now?
Blue Gold (BGL) has a current Retained Earnings of $-33.88 Mil. The current Retained Earnings is $-33.88 Mil. Blue Gold's overall GF Score™ is 12/100 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 Blue Gold (BGL), the current Retained Earnings is $-33.88 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.

Blue Gold Business Description

Other Exchanges B9Z:Germany
Address Mourant Governance Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, Grand Cayman, CYM, KY1-1108
Blue Gold Ltd is a gold mining company engaged in the business of developing, financing, licensing, and operating gold mines in Ghana and elsewhere. Its flagship project is the Bogoso Prestea Mine in Ghana's Ashanti Gold Belt.
12GF Score

Get the complete analysis for BGL

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

$0.27
Price