ECPN (El Capitan Precious Metals) Retained Earnings: $-217.25 Mil (As of Sep. 2017)

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What is El Capitan Precious Metals Retained Earnings?

El Capitan Precious Metals ECPN Retained Earnings is $-217.25 Mil as of Sep. 2017.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. El Capitan Precious Metals's retained earnings for the quarter that ended in Sep. 2017 was $-217.25 Mil.

El Capitan Precious Metals's quarterly retained earnings declined from Mar. 2017 ($-213.72 Mil) to Jun. 2017 ($-214.18 Mil) and declined from Jun. 2017 ($-214.18 Mil) to Sep. 2017 ($-217.25 Mil).

El Capitan Precious Metals's annual retained earnings declined from Sep. 2015 ($-207.52 Mil) to Sep. 2016 ($-212.03 Mil) and declined from Sep. 2016 ($-212.03 Mil) to Sep. 2017 ($-217.25 Mil).

El Capitan Precious Metals  (OTCPK:ECPN) 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.

El Capitan Precious Metals Retained Earnings Historical Data

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The historical data trend for El Capitan Precious Metals'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.

El Capitan Precious Metals Retained Earnings Chart

El Capitan Precious Metals Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -201.82 -204.68 -207.52 -212.03 -217.25

El Capitan Precious Metals Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -212.03 -212.48 -213.72 -214.18 -217.25

El Capitan Precious Metals 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 $-217.25 Mil mean?
El Capitan Precious Metals (ECPN) has a Retained Earnings of $-217.25 Mil as of Sep. 2017. Retained earnings is the amount of net income not issued to shareholders. View historical data on El Capitan Precious Metals and its competitors.
Is El Capitan Precious Metals' Retained Earnings too high?
El Capitan Precious Metals' current Retained Earnings is $-217.25 Mil.
How does El Capitan Precious Metals' Retained Earnings compare to MAGE?
El Capitan Precious Metals' Retained Earnings of $-217.25 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 El Capitan Precious Metals and its competitors. El Capitan Precious Metals's current Retained Earnings is $-217.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El Capitan Precious Metals stock overvalued right now?
El Capitan Precious Metals (ECPN) has a current Retained Earnings of $-217.25 Mil. The current Retained Earnings is $-217.25 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 El Capitan Precious Metals (ECPN), the current Retained Earnings is $-217.25 Mil as of Sep. 2017. 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.

El Capitan Precious Metals Business Description

Address 5871 Honeysuckle Road, Prescott, AZ, USA, 86305
El Capitan Precious Metals Inc is an exploration stage mining company. It explores for precious metals and other minerals. The company owns an interest in El Capitan Ltd which holds an interest in the El Capitan property located in New Mexico. Its objective is to market and sell the El Capitan Property to a mining company or enter a joint venture arrangement with a mining company to conduct mining operations. The El Capitan property consists of more than 350 Bureau of Land Management lode claims and four patented claims.