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BKLRF (Berkeley Energia) Retained Earnings : $-80.26 Mil (As of Jun. 2024)


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What is Berkeley Energia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Berkeley Energia's retained earnings for the quarter that ended in Jun. 2024 was $-80.26 Mil.

Berkeley Energia's quarterly retained earnings declined from Jun. 2023 ($-79.07 Mil) to Dec. 2023 ($-81.04 Mil) but then increased from Dec. 2023 ($-81.04 Mil) to Jun. 2024 ($-80.26 Mil).

Berkeley Energia's annual retained earnings increased from Jun. 2022 ($-81.93 Mil) to Jun. 2023 ($-79.07 Mil) but then declined from Jun. 2023 ($-79.07 Mil) to Jun. 2024 ($-80.26 Mil).


Berkeley Energia Retained Earnings Historical Data

The historical data trend for Berkeley Energia'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.

Berkeley Energia Retained Earnings Chart

Berkeley Energia 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 -91.44 -138.86 -81.93 -79.07 -80.26

Berkeley Energia Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -81.93 -79.15 -79.07 -81.04 -80.26

Berkeley Energia 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.


Berkeley Energia  (OTCPK:BKLRF) 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.


Berkeley Energia Business Description

Traded in Other Exchanges
Address
28 The Esplanade, Level 9, Perth, WA, AUS, 6000
Berkeley Energia Ltd is a mineral exploration company engaged in developing uranium projects. The company operates in one operating segment and one geographical segment, being uranium exploration in Spain. Its Salamanca Project includes the Retortillo, Alameda, Gambuta, and Zona 7 deposits as well as several other satellite deposits.

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