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Euro Ressources (Euro Ressources) Retained Earnings : $19.94 Mil (As of Sep. 2023)


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What is Euro Ressources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Euro Ressources's retained earnings for the quarter that ended in Sep. 2023 was $19.94 Mil.

Euro Ressources's quarterly retained earnings increased from Mar. 2023 ($6.53 Mil) to Jun. 2023 ($13.49 Mil) and increased from Jun. 2023 ($13.49 Mil) to Sep. 2023 ($19.94 Mil).

Euro Ressources's annual retained earnings declined from Dec. 2020 ($16.99 Mil) to Dec. 2021 ($8.59 Mil) but then increased from Dec. 2021 ($8.59 Mil) to Dec. 2022 ($12.02 Mil).


Euro Ressources Retained Earnings Historical Data

The historical data trend for Euro Ressources'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.

Euro Ressources Retained Earnings Chart

Euro Ressources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.89 17.74 16.99 8.59 12.02

Euro Ressources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 9.21 12.02 6.53 13.49 19.94

Euro Ressources 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.


Euro Ressources  (OTCPK:ERRSF) 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.


Euro Ressources (Euro Ressources) Business Description

Traded in Other Exchanges
Address
23, Rue du Roule, Paris, FRA, 75001
Euro Ressources SA is a France-based company focused on precious-metal royalties. The company owns royalty interest in the Rosebel gold mine which is located in Suriname. Geographically group functions all its business activity through Canada. Revenue for the firm is generated through royalty interest from the Rosebel gold mine.

Euro Ressources (Euro Ressources) Headlines

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