Genius Metals (FRA:0FU) Retained Earnings : €-4.77 Mil (As of Jul. 2024)

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What is Genius Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Genius Metals's retained earnings for the quarter that ended in Jul. 2024 was €-4.77 Mil.

Genius Metals's quarterly retained earnings declined from Jan. 2024 (€-4.53 Mil) to Apr. 2024 (€-4.66 Mil) and declined from Apr. 2024 (€-4.66 Mil) to Jul. 2024 (€-4.77 Mil).

Genius Metals's annual retained earnings declined from Jul. 2022 (€-3.88 Mil) to Jul. 2023 (€-4.19 Mil) and declined from Jul. 2023 (€-4.19 Mil) to Jul. 2024 (€-4.77 Mil).

Genius Metals Retained Earnings Historical Data

The historical data trend for Genius 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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Genius Metals Retained Earnings Chart

Genius Metals Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Retained Earnings

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-1.62

-2.57

-3.88

-4.19

-4.77

Genius Metals Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Retained Earnings	Get a 7-Day Free Trial															-4.19	-4.43	-4.53	-4.66	-4.77

Genius 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.

Genius Metals (FRA:0FU) 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.

Genius Metals Business Description

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GNSMF:USA GENI:Canada

Address

68 Av. de la Gare, Suite 205, Saint-Sauveur, Montreal, QC, CAN, J0R 1R0

Website

https://www.geniusmetals.com

Genius Metals Inc is engaged in the acquisition and exploration of gold and other mineral properties. The company operates through various projects including Sakami; Iserhoff; Meaghers; Nova Scotia; Dissimieux; and others. The company generates more revenue from gold projects.

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