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Romarco Minerals (FRA:M1R) Retained Earnings : €-223.32 Mil (As of Jun. 2015)


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What is Romarco Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Romarco Minerals's retained earnings for the quarter that ended in Jun. 2015 was €-223.32 Mil.

Romarco Minerals's quarterly retained earnings declined from Dec. 2014 (€-197.14 Mil) to Mar. 2015 (€-228.01 Mil) but then increased from Mar. 2015 (€-228.01 Mil) to Jun. 2015 (€-223.32 Mil).

Romarco Minerals's annual retained earnings declined from Dec. 2012 (€-164.06 Mil) to Dec. 2013 (€-167.55 Mil) and declined from Dec. 2013 (€-167.55 Mil) to Dec. 2014 (€-197.14 Mil).


Romarco Minerals Retained Earnings Historical Data

The historical data trend for Romarco 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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Romarco Minerals Retained Earnings Chart

Romarco Minerals Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -141.88 -154.56 -164.06 -167.55 -197.14

Romarco Minerals Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 -173.68 -185.99 -197.14 -228.01 -223.32

Romarco 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.


Romarco Minerals  (FRA:M1R) 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.


Romarco Minerals (FRA:M1R) Business Description

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Romarco Minerals Inc., was amalgamated under the laws of Ontario pursuant to the Business Corporations Act (Ontario) by Articles of Amalgamation dated July 11, 1995 pursuant to the terms of an amalgamation agreement dated May 12, 1995 between Romarco Holdings Inc. and Winstaff Ventures Ltd. It is an exploration and development stage mining company engaged in the acquisition, exploration and development of precious metals mineral properties. The Company's principal property is the Haile project in South Carolina.

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