Banyan Gold (Banyan Gold) Retained Earnings : $-7.09 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Banyan Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banyan Gold's retained earnings for the quarter that ended in Dec. 2023 was $-7.09 Mil.

Banyan Gold's quarterly retained earnings declined from Mar. 2023 ($-7.01 Mil) to Jun. 2023 ($-7.89 Mil) but then increased from Jun. 2023 ($-7.89 Mil) to Dec. 2023 ($-7.09 Mil).

Banyan Gold's annual retained earnings declined from Sep. 2020 ($-3.32 Mil) to Sep. 2021 ($-5.77 Mil) and declined from Sep. 2021 ($-5.77 Mil) to Sep. 2022 ($-6.57 Mil).

Banyan Gold Retained Earnings Historical Data

The historical data trend for Banyan 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.

* Premium members only.

Banyan Gold Retained Earnings Chart

Banyan Gold Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Retained Earnings

Get a 7-Day Free Trial

-1.70

-1.91

-3.32

-5.77

-6.57

Banyan Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-6.57	-6.78	-7.01	-7.89	-7.09

Banyan 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.

Banyan Gold (OTCPK:BYAGF) 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.

Banyan Gold (Banyan Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Banyan Gold Corp (OTCPK:BYAGF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

BAJ:Germany BYN:Canada

Address

166 Cougarstone Crescent SW, Calgary, AB, CAN, T3H 4Z5

Website

https://www.banyangold.com

Banyan Gold Corp is a mining company based in Canada. It is mainly engaged in the acquisition, discovery, and development of mineral properties. The company holds an interest in Hyland Gold Project which is located in the Watson Lake Mining District in southeast Yukon, Aurex-McQuesten Gold Project which is located in the Mayo Mining district and Nitra claims.