Roscan Gold (FRA:2OJ) Retained Earnings : €-58.16 Mil (As of Jan. 2024)

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What is Roscan Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Roscan Gold's retained earnings for the quarter that ended in Jan. 2024 was €-58.16 Mil.

Roscan Gold's quarterly retained earnings declined from Jul. 2023 (€-57.07 Mil) to Oct. 2023 (€-58.27 Mil) but then increased from Oct. 2023 (€-58.27 Mil) to Jan. 2024 (€-58.16 Mil).

Roscan Gold's annual retained earnings declined from Oct. 2021 (€-43.48 Mil) to Oct. 2022 (€-58.95 Mil) but then increased from Oct. 2022 (€-58.95 Mil) to Oct. 2023 (€-58.27 Mil).

Roscan Gold Retained Earnings Historical Data

The historical data trend for Roscan Gold'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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Roscan Gold Retained Earnings Chart

Roscan Gold Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

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-10.72

-24.50

-43.48

-58.95

-58.27

Roscan Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															-53.21	-54.79	-57.07	-58.27	-58.16

Roscan Gold 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.

Roscan Gold (FRA:2OJ) 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.

Roscan Gold (FRA:2OJ) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Roscan Gold Corp (FRA:2OJ) » Definitions » Retained Earnings

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RCGCF:USA 2OJ:Germany ROS:Canada

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.roscan.ca

Roscan Gold Corp is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a land position in an area of producing gold mines and gold deposits, located both north and south of its Kandiole Project in West Mali.

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