GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hastings Technology Metals Ltd (HAM:5AM) » Definitions » Retained Earnings

Hastings Technology Metals (HAM:5AM) Retained Earnings : €-37.79 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Hastings Technology Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hastings Technology Metals's retained earnings for the quarter that ended in Dec. 2023 was €-37.79 Mil.

Hastings Technology Metals's quarterly retained earnings increased from Dec. 2022 (€-29.95 Mil) to Jun. 2023 (€-29.93 Mil) but then declined from Jun. 2023 (€-29.93 Mil) to Dec. 2023 (€-37.79 Mil).

Hastings Technology Metals's annual retained earnings declined from Jun. 2021 (€-18.17 Mil) to Jun. 2022 (€-25.28 Mil) and declined from Jun. 2022 (€-25.28 Mil) to Jun. 2023 (€-29.93 Mil).


Hastings Technology Metals Retained Earnings Historical Data

The historical data trend for Hastings Technology Metals'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.

Hastings Technology Metals Retained Earnings Chart

Hastings Technology Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.10 -13.66 -18.17 -25.28 -29.93

Hastings Technology Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -21.36 -25.28 -29.95 -29.93 -37.79

Hastings Technology Metals 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.


Hastings Technology Metals  (HAM:5AM) 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.


Hastings Technology Metals (HAM:5AM) Business Description

Traded in Other Exchanges
Address
197 St Georges Terrace, Level 6, Perth, WA, AUS, 6000
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia covering an area of approximately 650 square kilometres; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.

Hastings Technology Metals (HAM:5AM) Headlines

No Headlines