GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cadillac Ventures Inc (GREY:CADIF) » Definitions » Retained Earnings

Cadillac Ventures (Cadillac Ventures) Retained Earnings : $-32.33 Mil (As of Feb. 2021)


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

What is Cadillac Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cadillac Ventures's retained earnings for the quarter that ended in Feb. 2021 was $-32.33 Mil.

Cadillac Ventures's quarterly retained earnings declined from Aug. 2020 ($-30.91 Mil) to Nov. 2020 ($-31.39 Mil) and declined from Nov. 2020 ($-31.39 Mil) to Feb. 2021 ($-32.33 Mil).

Cadillac Ventures's annual retained earnings declined from May. 2018 ($-15.84 Mil) to May. 2019 ($-18.81 Mil) and declined from May. 2019 ($-18.81 Mil) to May. 2020 ($-29.33 Mil).


Cadillac Ventures Retained Earnings Historical Data

The historical data trend for Cadillac Ventures'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.

Cadillac Ventures Retained Earnings Chart

Cadillac Ventures Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.81 -14.41 -15.84 -18.81 -29.33

Cadillac Ventures Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
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 -19.33 -29.33 -30.91 -31.39 -32.33

Cadillac Ventures 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.


Cadillac Ventures  (GREY:CADIF) 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.


Cadillac Ventures (Cadillac Ventures) Business Description

Traded in Other Exchanges
N/A
Address
1099 Kingston Road, Suite 269, Pickering, ON, CAN, L1V 1B5
Cadillac Ventures Inc is a development-focused exploration company operating in Canada. It is engaged in the exploration and development of mineral properties. The company owns an interest in Thierry Project located in Northwestern Ontario and Burnt Hill Project.