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Graphano Energy (Graphano Energy) Retained Earnings : $-3.67 Mil (As of Jan. 2024)


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What is Graphano Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Graphano Energy's retained earnings for the quarter that ended in Jan. 2024 was $-3.67 Mil.

Graphano Energy's quarterly retained earnings increased from Jul. 2023 ($-3.10 Mil) to Oct. 2023 ($-3.04 Mil) but then declined from Oct. 2023 ($-3.04 Mil) to Jan. 2024 ($-3.67 Mil).

Graphano Energy's annual retained earnings declined from Jul. 2021 ($-0.62 Mil) to Jul. 2022 ($-2.37 Mil) and declined from Jul. 2022 ($-2.37 Mil) to Jul. 2023 ($-3.10 Mil).


Graphano Energy Retained Earnings Historical Data

The historical data trend for Graphano Energy'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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Graphano Energy Retained Earnings Chart

Graphano Energy Annual Data
Trend Jul21 Jul22 Jul23
Retained Earnings
-0.62 -2.37 -3.10

Graphano Energy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.83 -2.91 -3.10 -3.04 -3.67

Graphano Energy 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.


Graphano Energy  (OTCPK:GELEF) 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.


Graphano Energy (Graphano Energy) Business Description

Traded in Other Exchanges
Address
120 Carlton Street, Suite 219, Toronto, ON, CAN, M5A 4K2
Graphano Energy Ltd is a mining company focused on evaluating, acquiring, and developing graphite resources with potential from exploration to production. The properties of the company includes the Lac aux Bouleaux, Standard Graphite Mine, and Dudley & Lac Vert-Bouthillier Graphite Project.

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