DALXF (Spartan Delta) Retained Earnings: $391.8 Mil (As of Jun. 2026)

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DALXF Spartan Delta Corp DALXF
46 GF Score
Price $8.53
GF Value $3.69
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Spartan Delta Retained Earnings?

Spartan Delta DALXF +3.29% 46 Retained Earnings is $391.8 Mil as of Jun. 2026. GuruFocus rates DALXF with a GF Score™ of 46/100 and a GF Value™ of $3.69 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spartan Delta's retained earnings for the quarter that ended in Jun. 2026 was $391.8 Mil.

Spartan Delta's quarterly retained earnings declined from Dec. 2025 ($377.7 Mil) to Mar. 2026 ($369.8 Mil) but then increased from Mar. 2026 ($369.8 Mil) to Jun. 2026 ($391.8 Mil).

Spartan Delta's annual retained earnings increased from Dec. 2023 ($310.6 Mil) to Dec. 2024 ($316.5 Mil) and increased from Dec. 2024 ($316.5 Mil) to Dec. 2025 ($377.7 Mil).


Spartan Delta  (OTCPK:DALXF) 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.


Spartan Delta Retained Earnings Historical Data

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The historical data trend for Spartan Delta'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.

Spartan Delta Retained Earnings Chart

Spartan Delta Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 268.28 691.04 310.60 316.55 377.67

Spartan Delta Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 350.71 350.35 377.67 369.80 391.76
DALXF
46GF Score
Spartan Delta Corp DALXF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Spartan Delta 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 $391.8 Mil mean?
Spartan Delta (DALXF) has a Retained Earnings of $391.8 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Spartan Delta and its competitors.
Is Spartan Delta's Retained Earnings too high?
Spartan Delta's current Retained Earnings is $391.8 Mil. Overall, Spartan Delta has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spartan Delta's Retained Earnings compare to COP and EOG?
Spartan Delta's Retained Earnings of $391.8 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas 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 Spartan Delta and its competitors. Spartan Delta's current Retained Earnings is $391.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spartan Delta stock overvalued right now?
Based on GuruFocus' analysis, Spartan Delta (DALXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.69, compared to a current price of $8.53 — trading 131.2% above its estimated fair value. The current Retained Earnings is $391.8 Mil. Spartan Delta's overall GF Score™ is 46/100 with 5 warning signs to review. 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 Spartan Delta (DALXF), the current Retained Earnings is $391.8 Mil as of Jun. 2026. 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.

Is Spartan Delta (DALXF) Overvalued in 2026?

Based on GuruFocus' analysis, Spartan Delta stock appears to be overvalued. The current stock price of $8.53 is trading 131.2% above its estimated GF Value™ of $3.69. GuruFocus considers Spartan Delta to be Significantly Overvalued.

Key valuation signals for DALXF:

  • Retained Earnings: $391.8 Mil
  • GF Value™: $3.69 vs. price of $8.53 (131.2% above fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the DALXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spartan Delta Business Description

Industry EnergyOil & Gas
Other Exchanges 4YJ0:GermanySDE:Canada
Address 350 - 7 th Avenue SW, Suite 1400, First Canadian Centre, Calgary, AB, CAN, T2P 3N9
Spartan Delta Corp is an oil and gas exploration and production company. The company is engaged in the exploration, development, and production of crude oil and natural gas properties in western Canada. The company operates and focuses its activities in west central Alberta, the Deep Basin and in the West Shale Basin Duvernay. It is a differentiated energy company whose ESG-focused culture is centered on generating sustainable free cash flow through oil and gas exploration and development.
46GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.53
Price
$3.69
GF Value