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Blue Lagoon Resources (FRA:7BL) Retained Earnings : €-26.49 Mil (As of Dec. 2024)


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What is Blue Lagoon Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blue Lagoon Resources's retained earnings for the quarter that ended in Dec. 2024 was €-26.49 Mil.

Blue Lagoon Resources's quarterly retained earnings declined from Mar. 2024 (€-25.48 Mil) to Sep. 2024 (€-25.49 Mil) and declined from Sep. 2024 (€-25.49 Mil) to Dec. 2024 (€-26.49 Mil).

Blue Lagoon Resources's annual retained earnings declined from Mar. 2022 (€-15.33 Mil) to Mar. 2023 (€-22.93 Mil) and declined from Mar. 2023 (€-22.93 Mil) to Mar. 2024 (€-25.48 Mil).


Blue Lagoon Resources Retained Earnings Historical Data

The historical data trend for Blue Lagoon 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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Blue Lagoon Resources Retained Earnings Chart

Blue Lagoon Resources Annual Data
Trend Nov18 Nov19 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial -0.49 -4.06 -15.33 -22.93 -25.48

Blue Lagoon Resources Quarterly Data
May19 Aug19 Nov19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 -24.96 -25.00 -25.48 -25.49 -26.49

Blue Lagoon 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.


Blue Lagoon Resources  (FRA:7BL) 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.


Blue Lagoon Resources Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Blue Lagoon Resources Inc is engaged in the exploration of mineral properties in Canada. Its business is to acquire, explore, and evaluate mineral resource interests. The projects of the company include Pellair Gold Project, Dome Mountain Gold Project, and Big Onion Project.

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