Oroco Resource (FRA:OR6) Retained Earnings : €-22.69 Mil (As of Feb. 2024)

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What is Oroco Resource Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oroco Resource's retained earnings for the quarter that ended in Feb. 2024 was €-22.69 Mil.

Oroco Resource's quarterly retained earnings increased from Aug. 2023 (€-22.48 Mil) to Nov. 2023 (€-21.59 Mil) but then declined from Nov. 2023 (€-21.59 Mil) to Feb. 2024 (€-22.69 Mil).

Oroco Resource's annual retained earnings declined from May. 2020 (€-11.95 Mil) to May. 2021 (€-13.70 Mil) and declined from May. 2021 (€-13.70 Mil) to May. 2022 (€-20.34 Mil).

Oroco Resource Retained Earnings Historical Data

The historical data trend for Oroco Resource'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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Oroco Resource Retained Earnings Chart

Oroco Resource Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Retained Earnings

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-11.75

-12.90

-11.95

-13.70

-20.34

Oroco Resource Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															-22.43	-	-22.48	-21.59	-22.69

Oroco Resource 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.

Oroco Resource (FRA:OR6) 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.

Oroco Resource (FRA:OR6) Business Description

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ORRCF:USA OR6:Germany OCO:Canada

Address

1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.orocoresourcecorp.com

Oroco Resource Corp is an exploration-stage mineral company engaged in the acquisition, exploration, and development of mineral properties in Mexico with a primary focus on its Xochipala property in Guerrero State, Mexico. Its exploration and evaluation assets consist of the Santo Tomas properties in Sinaloa State and Xochipala & Salvador properties in Guerrero State, Mexico.

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