FRGGF (Forge Resources) Retained Earnings : $-14.46 Mil (As of Nov. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Forge Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Forge Resources's retained earnings for the quarter that ended in Nov. 2024 was $-14.46 Mil.

Forge Resources's quarterly retained earnings declined from May. 2024 ($-13.55 Mil) to Aug. 2024 ($-13.81 Mil) and declined from Aug. 2024 ($-13.81 Mil) to Nov. 2024 ($-14.46 Mil).

Forge Resources's annual retained earnings declined from Aug. 2022 ($-5.99 Mil) to Aug. 2023 ($-11.67 Mil) and declined from Aug. 2023 ($-11.67 Mil) to Aug. 2024 ($-13.81 Mil).

Forge Resources Retained Earnings Historical Data

The historical data trend for Forge 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.

Forge Resources Retained Earnings Chart

Forge Resources Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Retained Earnings

Get a 7-Day Free Trial

-2.33

-4.42

-5.99

-11.67

-13.81

Forge Resources Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Retained Earnings	Get a 7-Day Free Trial															-12.20	-12.75	-13.55	-13.81	-14.46

Forge 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.

Forge Resources (OTCPK:FRGGF) 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.

Forge Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forge Resources Corp (OTCPK:FRGGF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

5YZ:Germany FRG:Canada

Address

1050 - 12471 Horseshoe Way, Richmond, BC, CAN, V7A 4X6

Website

https://www.forgeresourcescorp.com

Forge Resources Corp is a junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located fifty km south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada.