Minaurum Gold (FRA:78M) Retained Earnings : €-41.25 Mil (As of Jan. 2024)

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What is Minaurum Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Minaurum Gold's retained earnings for the quarter that ended in Jan. 2024 was €-41.25 Mil.

Minaurum Gold's quarterly retained earnings declined from Jul. 2023 (€-40.20 Mil) to Oct. 2023 (€-41.06 Mil) and declined from Oct. 2023 (€-41.06 Mil) to Jan. 2024 (€-41.25 Mil).

Minaurum Gold's annual retained earnings declined from Apr. 2020 (€-23.56 Mil) to Apr. 2021 (€-29.10 Mil) and declined from Apr. 2021 (€-29.10 Mil) to Apr. 2022 (€-36.71 Mil).

Minaurum Gold Retained Earnings Historical Data

The historical data trend for Minaurum 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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Minaurum Gold Retained Earnings Chart

Minaurum Gold Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Retained Earnings

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-16.09

-20.36

-23.56

-29.10

-36.71

Minaurum Gold Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															-41.24	-39.33	-40.20	-41.06	-41.25

Minaurum 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.

Minaurum Gold (FRA:78M) 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.

Minaurum Gold (FRA:78M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minaurum Gold Inc (FRA:78M) » Definitions » Retained Earnings

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MMRGF:USA 78M:Germany MGG:Canada

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.minaurum.com

Minaurum Gold Inc is a regional explorer focusing on the exploration and development of high-grade gold and silver projects in the Southern Sonora State, Oaxaca-Chiapas region and Guerrero Gold Belt. It holds interest in Taviche Project, Alamos (Quintera) Project, Santa Marta Project, Vuelcos del Destino Property, Adelita Property, and Aurena Property. The Company operates in one segment the acquisition and exploration of exploration and evaluation assets. It operates in Mexico and the United States.

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