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NEO Battery Materials (FRA:1BC) Retained Earnings : €-20.12 Mil (As of Nov. 2023)


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What is NEO Battery Materials Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NEO Battery Materials's retained earnings for the quarter that ended in Nov. 2023 was €-20.12 Mil.

NEO Battery Materials's quarterly retained earnings declined from May. 2023 (€-19.59 Mil) to Aug. 2023 (€-19.90 Mil) and declined from Aug. 2023 (€-19.90 Mil) to Nov. 2023 (€-20.12 Mil).

NEO Battery Materials's annual retained earnings declined from Feb. 2021 (€-17.14 Mil) to Feb. 2022 (€-19.65 Mil) and declined from Feb. 2022 (€-19.65 Mil) to Feb. 2023 (€-19.67 Mil).


NEO Battery Materials Retained Earnings Historical Data

The historical data trend for NEO Battery Materials'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.

NEO Battery Materials Retained Earnings Chart

NEO Battery Materials Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.72 -17.02 -17.14 -19.65 -19.67

NEO Battery Materials Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -20.31 -19.67 -19.59 -19.90 -20.12

NEO Battery Materials 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.


NEO Battery Materials  (FRA:1BC) 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.


NEO Battery Materials (FRA:1BC) Business Description

Traded in Other Exchanges
Address
4711 Younge Street, 10th Floor, Toronto, ON, CAN, M2N 6K8
NEO Battery Materials Ltd is a junior resource company focused on battery metals exploration in North America. It currently has an interest in Golden, British Columbia, along with a strike with a quartzite bed. The company explores and produces silicon and provides improvements in capacity and efficiency over lithium-ion batteries using silicon and graphite in their anode materials. It intends to become an integrated silicon producer and anode materials supplier to the electric vehicle industry.

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