FNLPF (Fresnillo) Retained Earnings : $2,801 Mil (As of Dec. 2024)

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What is Fresnillo Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fresnillo's retained earnings for the quarter that ended in Dec. 2024 was $2,801 Mil.

Fresnillo's quarterly retained earnings increased from Dec. 2023 ($2,738 Mil) to Jun. 2024 ($2,786 Mil) and increased from Jun. 2024 ($2,786 Mil) to Dec. 2024 ($2,801 Mil).

Fresnillo's annual retained earnings increased from Dec. 2022 ($2,612 Mil) to Dec. 2023 ($2,738 Mil) and increased from Dec. 2023 ($2,738 Mil) to Dec. 2024 ($2,801 Mil).

Fresnillo Retained Earnings Historical Data

The historical data trend for Fresnillo'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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Fresnillo Retained Earnings Chart

Fresnillo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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2,363.28

2,543.09

2,612.47

2,737.96

2,800.96

Fresnillo Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															2,612.47	2,579.19	2,737.96	2,785.66	2,800.96

Fresnillo 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.

Fresnillo (OTCPK:FNLPF) 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.

Fresnillo Business Description

Industry

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Address

Calzada Legaria No. 549, Torre 2, Piso 11, Delegacion Miguel Hidalgo, Mexico, DF, MEX, 11250

Website

http://www.fresnilloplc.com

Fresnillo PLC is a company that specializes in silver mining and is the world's largest gold producer. They have six mines that are divided into seven operating segments. The Fresnillo, Juanicipio, and Saucito mines are some of the world's largest underground silver mines and are located in Zacatecas state. The Cirnega mine, an underground gold mine, is in Durango state. The San Julian mine is an underground silver-gold mine located on the border of Durango states. The Herradura, Soledad-Dipolos, and Noche Buena are open-pit gold mines located in Sonora state. Herradura and Saucito mines generate more than half of the group's revenue.