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Baroyeca Gold & Silver (FRA:8BY1) Retained Earnings : €-13.41 Mil (As of Feb. 2024)


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What is Baroyeca Gold & Silver Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Baroyeca Gold & Silver's retained earnings for the quarter that ended in Feb. 2024 was €-13.41 Mil.

Baroyeca Gold & Silver's quarterly retained earnings increased from Aug. 2023 (€-13.09 Mil) to Nov. 2023 (€-13.07 Mil) but then declined from Nov. 2023 (€-13.07 Mil) to Feb. 2024 (€-13.41 Mil).

Baroyeca Gold & Silver's annual retained earnings declined from May. 2021 (€-5.75 Mil) to May. 2022 (€-7.59 Mil) and declined from May. 2022 (€-7.59 Mil) to May. 2023 (€-13.04 Mil).


Baroyeca Gold & Silver Retained Earnings Historical Data

The historical data trend for Baroyeca Gold & Silver'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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Baroyeca Gold & Silver Retained Earnings Chart

Baroyeca Gold & Silver Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.31 -4.09 -5.75 -7.59 -13.04

Baroyeca Gold & Silver Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -12.72 -13.04 -13.09 -13.07 -13.41

Baroyeca Gold & Silver 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.


Baroyeca Gold & Silver  (FRA:8BY1) 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.


Baroyeca Gold & Silver (FRA:8BY1) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V6C 1T2
Baroyeca Gold & Silver Inc is a Canada-based company primarily focused on exploration of precious metals projects in Colombia. The company's Atocha flagship silver project is located in the colonial richest primary silver district of northern Tolima, and Santa Barbara gold project in Bolivar. The Company has reportable segments being exploration and evaluation activities in Mexico and Colombia. The newly discovered Zapatocha Copper Project is in a new mining district in Santander.

Baroyeca Gold & Silver (FRA:8BY1) Headlines

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