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Temas Resources (FRA:26P0) Retained Earnings : €-7.10 Mil (As of Sep. 2023)


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What is Temas Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Temas Resources's retained earnings for the quarter that ended in Sep. 2023 was €-7.10 Mil.

Temas Resources's quarterly retained earnings declined from Mar. 2023 (€-6.71 Mil) to Jun. 2023 (€-6.93 Mil) and declined from Jun. 2023 (€-6.93 Mil) to Sep. 2023 (€-7.10 Mil).

Temas Resources's annual retained earnings declined from Dec. 2020 (€-1.28 Mil) to Dec. 2021 (€-3.86 Mil) and declined from Dec. 2021 (€-3.86 Mil) to Dec. 2022 (€-6.67 Mil).


Temas Resources Retained Earnings Historical Data

The historical data trend for Temas Resources'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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Temas Resources Retained Earnings Chart

Temas Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
- -0.11 -1.28 -3.86 -6.67

Temas Resources 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 -5.71 -6.67 -6.71 -6.93 -7.10

Temas Resources 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.


Temas Resources  (FRA:26P0) 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.


Temas Resources (FRA:26P0) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2
Temas Resources Corp is focused on the advancement of mineral independence and the processes in which minerals are extracted in an environmentally friendly manner. It invests in and works to apply green technology across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies. Its flagship properties are located in the stable, mining-friendly jurisdiction of Quebec (Canada) bordering Vermont, Maine, and New York State (U.S.) in an area known as the Grenville Geological Province. The Grenville Geological Province is home to Lac Tio, the solid ilmenite deposit in the world.

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