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Bearing Lithium (Bearing Lithium) Retained Earnings : $-7.48 Mil (As of Apr. 2022)


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What is Bearing Lithium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bearing Lithium's retained earnings for the quarter that ended in Apr. 2022 was $-7.48 Mil.

Bearing Lithium's quarterly retained earnings increased from Oct. 2021 ($-10.43 Mil) to Jan. 2022 ($-8.29 Mil) and increased from Jan. 2022 ($-8.29 Mil) to Apr. 2022 ($-7.48 Mil).

Bearing Lithium's annual retained earnings declined from Oct. 2019 ($-16.20 Mil) to Oct. 2020 ($-21.43 Mil) but then increased from Oct. 2020 ($-21.43 Mil) to Oct. 2021 ($-10.43 Mil).


Bearing Lithium Retained Earnings Historical Data

The historical data trend for Bearing Lithium'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.

Bearing Lithium Retained Earnings Chart

Bearing Lithium Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.25 -16.18 -16.20 -21.43 -10.43

Bearing Lithium Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 -21.90 -21.15 -10.43 -8.29 -7.48

Bearing Lithium 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.


Bearing Lithium  (OTCPK:BLILF) 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.


Bearing Lithium (Bearing Lithium) Business Description

Traded in Other Exchanges
N/A
Address
810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Bearing Lithium Corp operates as an exploration and development company in North America. The company is focused on identifying, advancing, and de-risking lithium projects. Its project includes the Maricunga Lithium located northeast of Copiapo in the region of the Atacama in northern Chile.

Bearing Lithium (Bearing Lithium) Headlines