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Resource Capital Gold (Resource Capital Gold) Retained Earnings : $-18.35 Mil (As of Sep. 2018)


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What is Resource Capital Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Resource Capital Gold's retained earnings for the quarter that ended in Sep. 2018 was $-18.35 Mil.

Resource Capital Gold's quarterly retained earnings declined from Mar. 2018 ($-13.84 Mil) to Jun. 2018 ($-18.32 Mil) and declined from Jun. 2018 ($-18.32 Mil) to Sep. 2018 ($-18.35 Mil).

Resource Capital Gold's annual retained earnings declined from Jun. 2016 ($-14.18 Mil) to Jun. 2017 ($-14.97 Mil) and declined from Jun. 2017 ($-14.97 Mil) to Jun. 2018 ($-18.32 Mil).


Resource Capital Gold Retained Earnings Historical Data

The historical data trend for Resource Capital Gold'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.

Resource Capital Gold Retained Earnings Chart

Resource Capital Gold Annual Data
Trend Apr09 Apr10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.98 -8.48 -14.18 -14.97 -18.32

Resource Capital Gold Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -16.05 -13.61 -13.84 -18.32 -18.35

Resource Capital Gold 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.


Resource Capital Gold  (OTCPK:GDPEF) 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.


Resource Capital Gold (Resource Capital Gold) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire 03-16-2018

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire 11-03-2018