Kodal Minerals (FRA:7UE) Retained Earnings : €20.24 Mil (As of Mar. 2024)

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What is Kodal Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kodal Minerals's retained earnings for the quarter that ended in Mar. 2024 was €20.24 Mil.

Kodal Minerals's quarterly retained earnings declined from Mar. 2023 (€-12.18 Mil) to Sep. 2023 (€-13.01 Mil) but then increased from Sep. 2023 (€-13.01 Mil) to Mar. 2024 (€20.24 Mil).

Kodal Minerals's annual retained earnings declined from Mar. 2022 (€-11.51 Mil) to Mar. 2023 (€-12.18 Mil) but then increased from Mar. 2023 (€-12.18 Mil) to Mar. 2024 (€20.24 Mil).

Kodal Minerals Retained Earnings Historical Data

The historical data trend for Kodal Minerals'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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Kodal Minerals Retained Earnings Chart

Kodal Minerals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-9.07

-10.16

-11.51

-12.18

20.24

Kodal Minerals Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-11.51	-11.57	-12.18	-13.01	20.24

Kodal Minerals 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.

Kodal Minerals (FRA:7UE) 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.

Kodal Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kodal Minerals PLC (FRA:7UE) » Definitions » Retained Earnings

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KOD:UK

Address

35-39 Maddox Street, Prince Frederick House, London, GBR, W1S 2PP

Website

https://www.kodalminerals.com

Kodal Minerals PLC is a mining and exploration company that acquires or discovers and develops mineral assets. Its operating segments include the West African Gold Projects, the West African Lithium Projects, and the UK administration operations. The company has legacy interests in Norway including the Kodal phosphate and iron deposit in the south of the country and the copper-focused Grimeli Project in the West. Its Bougouni Project consists of two concessions, the Kolassokoro and Madina licenses, which cover a contiguous area of around 500 square kilometers.

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