FTZFF (Fitzroy Minerals) Retained Earnings : $-30.41 Mil (As of Dec. 2024)

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What is Fitzroy Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fitzroy Minerals's retained earnings for the quarter that ended in Dec. 2024 was $-30.41 Mil.

Fitzroy Minerals's quarterly retained earnings declined from Jun. 2024 ($-30.60 Mil) to Sep. 2024 ($-31.43 Mil) but then increased from Sep. 2024 ($-31.43 Mil) to Dec. 2024 ($-30.41 Mil).

Fitzroy Minerals's annual retained earnings declined from Sep. 2022 ($-26.85 Mil) to Sep. 2023 ($-30.22 Mil) and declined from Sep. 2023 ($-30.22 Mil) to Sep. 2024 ($-31.43 Mil).

Fitzroy Minerals Retained Earnings Historical Data

The historical data trend for Fitzroy 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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Fitzroy Minerals Retained Earnings Chart

Fitzroy Minerals Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Retained Earnings

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-23.79

-27.31

-26.85

-30.22

-31.43

Fitzroy Minerals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-30.62	-30.69	-30.60	-31.43	-30.41

Fitzroy 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.

Fitzroy Minerals (OTCPK:FTZFF) 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.

Fitzroy Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fitzroy Minerals Inc (OTCPK:FTZFF) » Definitions » Retained Earnings

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Address

1055 West Hastings Street, Suite 2250, Vancouver, BC, CAN, V6E 2E9

Website

https://www.fitzroyminerals.com

Fitzroy Minerals Inc is focused on exploring and advancing commercial copper and gold discoveries in Chile and Argentina. Its project portfolio includes Caballos Copper, Polimet Gold-Copper-Silver, Taquetren Gold, and Cariboo.

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