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Colombia Energy Resources (Colombia Energy Resources) Retained Earnings : $-36.83 Mil (As of Sep. 2012)


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What is Colombia Energy Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Colombia Energy Resources's retained earnings for the quarter that ended in Sep. 2012 was $-36.83 Mil.

Colombia Energy Resources's quarterly retained earnings declined from Mar. 2012 ($-29.43 Mil) to Jun. 2012 ($-32.93 Mil) and declined from Jun. 2012 ($-32.93 Mil) to Sep. 2012 ($-36.83 Mil).

Colombia Energy Resources's annual retained earnings declined from Dec. 2009 ($-0.23 Mil) to Dec. 2010 ($-2.44 Mil) and declined from Dec. 2010 ($-2.44 Mil) to Dec. 2011 ($-25.74 Mil).


Colombia Energy Resources Retained Earnings Historical Data

The historical data trend for Colombia Energy Resources'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.

Colombia Energy Resources Retained Earnings Chart

Colombia Energy Resources Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -0.16 -0.20 -0.23 -2.44 -25.74

Colombia Energy Resources Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -22.05 -25.74 -29.43 -32.93 -36.83

Colombia Energy Resources 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.


Colombia Energy Resources  (OTCPK:CERX) 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.


Colombia Energy Resources (Colombia Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
One Embarcadero Center, Suite 500, San Francisco, CA, USA, 94111
Website
Colombia Energy Resources Inc. is engaged in the business of acquiring and developing metallurgical coal mines in Colombia, South America. The Company owns and controls mining concessions in the provinces of Boyaca and Santander regions.
Executives
Watsa V Prem Et Al 10 percent owner 95 WELLINGTON STREET WEST, SUITE 800, TORONTO A6 M5J 2N7
Fairfax Financial Holdings Ltd/ Can 10 percent owner FAIRFAX FINANCIAL HOLDINGS LTD, 95 WELLINGTON ST WEST STE 800, TORONTO A6 M5J 2N7
Sixty Two Investment Co Ltd 10 percent owner 1600 CATHEDRAL PLACE, 925 W GEORGIA ST, VANCOUVER BC CANADA A1 V6C3L3
Second 1109 Holdco Ltd. 10 percent owner 95 WELLINGTON ST W STE 800, TORONTO A6 M5J 2N7
810679 Ontario Ltd 10 percent owner 95 WELLINGTON STREET WEST SUITE 800, TORONTO ONTARIO CANADA A6 00000
Odyssey America Reinsurance Corp 10 percent owner 300 FIRST STAMFORD PLACE, STAMFORD CT 06902
Steelhead Partners Llc other: See footnotes (1) (2) (3) 800 FIFTH AVENUE, SUITE 3700, SEATTLE WA 98104
James Michael Johnston other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Brian Katz Klein other: See footnotes (1) (2) (3) 333 108TH AVENUE NE, SUITE 2010, BELLEVUE WA 98004
Steelhead Navigator Master, L.p. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Peter B Lilly other: Former Director 4501 GULF SHORE BLVD N, ARIA 1203, NAPLES FL 34103
Ronald G Stovash other: Former Officer 16496 FELICITA COURT, NAPLES FL 34110-3264

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