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Emperor Metals (Emperor Metals) Retained Earnings : $-1.51 Mil (As of Oct. 2023)


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What is Emperor Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Emperor Metals's retained earnings for the quarter that ended in Oct. 2023 was $-1.51 Mil.

Emperor Metals's quarterly retained earnings declined from Apr. 2023 ($-1.37 Mil) to Jul. 2023 ($-1.46 Mil) and declined from Jul. 2023 ($-1.46 Mil) to Oct. 2023 ($-1.51 Mil).

Emperor Metals's annual retained earnings declined from Jan. 2021 ($-0.32 Mil) to Jan. 2022 ($-0.63 Mil) and declined from Jan. 2022 ($-0.63 Mil) to Jan. 2023 ($-1.18 Mil).


Emperor Metals Retained Earnings Historical Data

The historical data trend for Emperor 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.

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Emperor Metals Retained Earnings Chart

Emperor Metals Annual Data
Trend Jan21 Jan22 Jan23
Retained Earnings
-0.32 -0.63 -1.18

Emperor Metals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.88 -1.18 -1.37 -1.46 -1.51

Emperor 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.


Emperor Metals  (OTCPK:EMAUF) 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.


Emperor Metals (Emperor Metals) Business Description

Traded in Other Exchanges
Address
10545 - 45 Avenue NW, 250 Southridge, Suite 300, Edmonton, AB, CAN, T6H 4M9
Emperor Metals Inc is engaged in the business of mineral exploration in Ontario. It is focused on proving the potential of Pine Grove and other early-stage gold projects located near the Hemlo Gold Mine within the western portion of the prolific Wawa-Abitibi Gold Belt of Ontario, Canada.