GPTC (Golden Patriot) Retained Earnings: $-7.86 Mil (As of Jan. 2008)


What is Golden Patriot Retained Earnings?

Golden Patriot GPTC -99.83% Retained Earnings is $-7.86 Mil as of Jan. 2008.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Golden Patriot's retained earnings for the quarter that ended in Jan. 2008 was $-7.86 Mil.

Golden Patriot's quarterly retained earnings declined from Jul. 2007 ($-7.61 Mil) to Oct. 2007 ($-7.82 Mil) and declined from Oct. 2007 ($-7.82 Mil) to Jan. 2008 ($-7.86 Mil).

Golden Patriot's annual retained earnings declined from Apr. 2005 ($-4.45 Mil) to Apr. 2006 ($-5.22 Mil) and declined from Apr. 2006 ($-5.22 Mil) to Apr. 2007 ($-7.22 Mil).

Golden Patriot  (OTCPK:GPTC) 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.

Golden Patriot Retained Earnings Historical Data

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The historical data trend for Golden Patriot'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.

Golden Patriot Retained Earnings Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
Retained Earnings
Get a 7-Day Free Trial -0.57 -4.08 -4.45 -5.22 -7.22

Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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 -6.75 -7.22 -7.61 -7.82 -7.86

Golden Patriot 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-7.86 Mil mean?
Golden Patriot (GPTC) has a Retained Earnings of $-7.86 Mil as of Jan. 2008. Retained earnings is the amount of net income not issued to shareholders. View historical data on Golden Patriot and its competitors.
Is Golden Patriot's Retained Earnings too high?
Golden Patriot's current Retained Earnings is $-7.86 Mil.
How does Golden Patriot's Retained Earnings compare to GLRI and HELIQ?
Golden Patriot's Retained Earnings of $-7.86 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Golden Patriot and its competitors. Golden Patriot's current Retained Earnings is $-7.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Patriot stock overvalued right now?
Golden Patriot (GPTC) has a current Retained Earnings of $-7.86 Mil. The current Retained Earnings is $-7.86 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Golden Patriot (GPTC), the current Retained Earnings is $-7.86 Mil as of Jan. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Patriot Business Description

Industry EnergyOil & Gas
Address 8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.