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Azarga Metals (Azarga Metals) Retained Earnings : $-120.21 Mil (As of Mar. 2024)


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What is Azarga Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Azarga Metals's retained earnings for the quarter that ended in Mar. 2024 was $-120.21 Mil.

Azarga Metals's quarterly retained earnings declined from Sep. 2023 ($-120.15 Mil) to Dec. 2023 ($-121.25 Mil) but then increased from Dec. 2023 ($-121.25 Mil) to Mar. 2024 ($-120.21 Mil).

Azarga Metals's annual retained earnings declined from Sep. 2021 ($-120.16 Mil) to Sep. 2022 ($-121.33 Mil) but then increased from Sep. 2022 ($-121.33 Mil) to Sep. 2023 ($-120.15 Mil).


Azarga Metals Retained Earnings Historical Data

The historical data trend for Azarga 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.

* Premium members only.

Azarga Metals Retained Earnings Chart

Azarga Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -111.11 -113.67 -120.16 -121.33 -120.15

Azarga Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -118.60 -122.25 -120.15 -121.25 -120.21

Azarga 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.


Azarga Metals  (OTCPK:EUUNF) 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.


Azarga Metals (Azarga Metals) Business Description

Traded in Other Exchanges
Address
15782 Marine Drive, Unit 1, White Rock, BC, CAN, V4B 1E6
Azarga Metals Corp is a mineral exploration and development company. Its project consists of Unkur copper-silver project.

Azarga Metals (Azarga Metals) Headlines

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Azarga Metals Grants Stock Options and Director Resignation

By ACCESSWIRE ACCESSWIRE 04-21-2022