NSJ Gold (FRA:9PZ) Retained Earnings : €-1.22 Mil (As of May. 2024)

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What is NSJ Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NSJ Gold's retained earnings for the quarter that ended in May. 2024 was €-1.22 Mil.

NSJ Gold's quarterly retained earnings declined from Nov. 2023 (€-1.12 Mil) to Feb. 2024 (€-1.19 Mil) and declined from Feb. 2024 (€-1.19 Mil) to May. 2024 (€-1.22 Mil).

NSJ Gold's annual retained earnings declined from Nov. 2021 (€-0.68 Mil) to Nov. 2022 (€-0.99 Mil) and declined from Nov. 2022 (€-0.99 Mil) to Nov. 2023 (€-1.12 Mil).

NSJ Gold Retained Earnings Historical Data

The historical data trend for NSJ 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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NSJ Gold Retained Earnings Chart

NSJ Gold Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Retained Earnings

-0.02

-0.68

-0.99

-1.12

NSJ Gold Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Retained Earnings	Get a 7-Day Free Trial									-1.02	-1.06	-1.12	-1.19	-1.22

NSJ 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.

NSJ Gold (FRA:9PZ) 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.

NSJ Gold Business Description

Industry

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NSJ:Canada

Address

17565 58 Avenue, Suite - 101, Surrey, BC, CAN, V3S4E3

Website

https://www.nsjgold.com

NSJ Gold Corp is engaged in the acquisition and exploration of mineral properties. It is engaged in the Golden Hills project located 200 miles from Las Vegas, and 130 miles from Phoenix. This involves gold and copper exploration. The Property consists of 7 patented claims and 114 unpatented mining claims.

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