BMXI (Brookmount Explorations) Retained Earnings: $-5.55 Mil (As of Nov. 2009)

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What is Brookmount Explorations Retained Earnings?

Brookmount Explorations BMXI Retained Earnings is $-5.55 Mil as of Nov. 2009.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Brookmount Explorations's retained earnings for the quarter that ended in Nov. 2009 was $-5.55 Mil.

Brookmount Explorations's quarterly retained earnings declined from Nov. 2007 ($-4.93 Mil) to Nov. 2008 ($-5.19 Mil) and declined from Nov. 2008 ($-5.19 Mil) to Nov. 2009 ($-5.55 Mil).

Brookmount Explorations's annual retained earnings declined from Nov. 2007 ($-4.93 Mil) to Nov. 2008 ($-5.19 Mil) and declined from Nov. 2008 ($-5.19 Mil) to Nov. 2009 ($-5.55 Mil).

Brookmount Explorations  (OTCPK:BMXI) 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.

Brookmount Explorations Retained Earnings Historical Data

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The historical data trend for Brookmount Explorations'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.

Brookmount Explorations Retained Earnings Chart

Brookmount Explorations Annual Data
Trend Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Retained Earnings
Get a 7-Day Free Trial -3.06 -4.47 -4.93 -5.19 -5.55

Brookmount Explorations Semi-Annual Data
Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Retained Earnings Get a 7-Day Free Trial -3.06 -4.47 -4.93 -5.19 -5.55

Brookmount Explorations 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 $-5.55 Mil mean?
Brookmount Explorations (BMXI) has a Retained Earnings of $-5.55 Mil as of Nov. 2009. Retained earnings is the amount of net income not issued to shareholders. View historical data on Brookmount Explorations and its competitors.
Is Brookmount Explorations' Retained Earnings too high?
Brookmount Explorations' current Retained Earnings is $-5.55 Mil.
How does Brookmount Explorations' Retained Earnings compare to GLNS and MAGE?
Brookmount Explorations' Retained Earnings of $-5.55 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 Brookmount Explorations and its competitors. Brookmount Explorations's current Retained Earnings is $-5.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookmount Explorations stock overvalued right now?
Brookmount Explorations (BMXI) has a current Retained Earnings of $-5.55 Mil. The current Retained Earnings is $-5.55 Mil. 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 Brookmount Explorations (BMXI), the current Retained Earnings is $-5.55 Mil as of Nov. 2009. 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.

Brookmount Explorations Business Description

Address 1 East Liberty, Suite 600, Reno, NV, USA, 89501
Brookmount Explorations is a United States-based company that encompasses the exploration, extraction, processing, and sale of gold bullion through locally based trading houses. The Company currently operates two individual mining sites in the North Minahasa region of Sulawesi Province, Indonesia: one at Talawaan, near the regional capital Manado. The other site is located at Ratatotock. In addition, the Company has also acquired an interest in the Moosehorn Gold Project, located southwest of Dawson City, Yukon, Canada, and two additional gold projects in the Tintina Gold Belt in Alaska. The Company operates predominantly in one industry and one geographical segment, those being gold mining and Indonesia.