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Gold Bull Resources (FRA:G3G) Retained Earnings : €-65.13 Mil (As of Sep. 2024)


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What is Gold Bull Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gold Bull Resources's retained earnings for the quarter that ended in Sep. 2024 was €-65.13 Mil.

Gold Bull Resources's quarterly retained earnings declined from Mar. 2024 (€-61.57 Mil) to Jun. 2024 (€-66.22 Mil) but then increased from Jun. 2024 (€-66.22 Mil) to Sep. 2024 (€-65.13 Mil).

Gold Bull Resources's annual retained earnings increased from Jun. 2022 (€-65.45 Mil) to Jun. 2023 (€-62.44 Mil) but then declined from Jun. 2023 (€-62.44 Mil) to Jun. 2024 (€-66.22 Mil).


Gold Bull Resources Retained Earnings Historical Data

The historical data trend for Gold Bull 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.

* Premium members only.

Gold Bull Resources Retained Earnings Chart

Gold Bull Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.33 -57.36 -65.45 -62.44 -66.22

Gold Bull Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -62.37 -61.76 -61.57 -66.22 -65.13

Gold Bull 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.


Gold Bull Resources  (FRA:G3G) 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.


Gold Bull Resources Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3
Gold Bull Resources Corp is a gold focused mineral exploration company. It strives to generate and advance high-reward project acquisitions in regions with mineral wealth. Gold Bull's mission is to grow into a U.S. focused mid-tier gold development company. The company's exploration hub is based in Nevada, USA, a top-tier mineral district that contains historical production, existing mining infrastructure and an established mining culture. The company's objective is to generate stakeholder value and superior investment returns through the discovery and responsible development of mineral resources. Its projects include Sandman Projects, Big Balds Projects, and Bulgarian properties.

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