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Metallic Minerals (FRA:9MM1) Retained Earnings : €-28.22 Mil (As of Jan. 2024)


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What is Metallic Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Metallic Minerals's retained earnings for the quarter that ended in Jan. 2024 was €-28.22 Mil.

Metallic Minerals's quarterly retained earnings declined from Apr. 2023 (€-24.09 Mil) to Oct. 2023 (€-27.55 Mil) and declined from Oct. 2023 (€-27.55 Mil) to Jan. 2024 (€-28.22 Mil).

Metallic Minerals's annual retained earnings declined from Jul. 2020 (€-11.96 Mil) to Jul. 2021 (€-17.57 Mil) and declined from Jul. 2021 (€-17.57 Mil) to Jul. 2022 (€-24.79 Mil).


Metallic Minerals Retained Earnings Historical Data

The historical data trend for Metallic 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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Metallic Minerals Retained Earnings Chart

Metallic Minerals Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.67 -10.61 -11.96 -17.57 -24.79

Metallic Minerals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24
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 -25.94 - -24.09 -27.55 -28.22

Metallic 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.


Metallic Minerals  (FRA:9MM1) 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.


Metallic Minerals (FRA:9MM1) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Metallic Minerals Corp is an exploration company focused on the acquisition and development of high-grade silver and gold projects. It seeks to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing the probability of long-term success. Metallic's core Keno Silver Project is located in the historic Keno Hill Silver District of Canada's Yukon Territory, a region that has produced over 200 million ounces of silver. The company's La Plata silver-gold-copper project is located in the high-grade La Plata district of the prolific Colorado Mineral Belt and its McKay Hill project northeast of Keno Hill is a high-grade historic silver-gold producer. The company is building a portfolio of gold royalties in the historic Klondike Gold District.

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