Afrika Gold AG (HAM:GOG) Retained Earnings: €-8.40 Mil (As of Jun. 2024)

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HAM:GOG Afrika Gold AG HAM:GOG
36 GF Score
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What is Afrika Gold AG Retained Earnings?

Afrika Gold AG HAM:GOG 36 Retained Earnings is €-8.40 Mil as of Jun. 2024. GuruFocus rates HAM:GOG with a GF Score™ of 36/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Afrika Gold AG's retained earnings for the quarter that ended in Jun. 2024 was €-8.40 Mil.

Afrika Gold AG's quarterly retained earnings declined from Jun. 2022 (€-7.44 Mil) to Jun. 2023 (€-7.86 Mil) and declined from Jun. 2023 (€-7.86 Mil) to Jun. 2024 (€-8.40 Mil).

Afrika Gold AG's annual retained earnings declined from Jun. 2022 (€-7.44 Mil) to Jun. 2023 (€-7.86 Mil) and declined from Jun. 2023 (€-7.86 Mil) to Jun. 2024 (€-8.40 Mil).

Afrika Gold AG  (HAM:GOG) 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.

Afrika Gold AG Retained Earnings Historical Data

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The historical data trend for Afrika Gold AG'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.

Afrika Gold AG Retained Earnings Chart

Afrika Gold AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial -6.26 -6.36 -7.44 -7.86 -8.40

Afrika Gold AG Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings Get a 7-Day Free Trial -6.26 -6.36 -7.44 -7.86 -8.40
HAM:GOG
36GF Score
Afrika Gold AG HAM:GOG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrika Gold AG 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 €-8.40 Mil mean?
Afrika Gold AG (HAM:GOG) has a Retained Earnings of €-8.40 Mil as of Jun. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Afrika Gold AG and its competitors.
Is Afrika Gold AG's Retained Earnings too high?
Afrika Gold AG's current Retained Earnings is €-8.40 Mil. Overall, Afrika Gold AG has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Afrika Gold AG's Retained Earnings compare to competitors?
Afrika Gold AG's Retained Earnings of €-8.40 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining 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 Afrika Gold AG and its competitors. Afrika Gold AG's current Retained Earnings is €-8.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrika Gold AG stock overvalued right now?
Afrika Gold AG (HAM:GOG) has a current Retained Earnings of €-8.40 Mil. The current Retained Earnings is €-8.40 Mil. Afrika Gold AG's overall GF Score™ is 36/100. 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 Afrika Gold AG (HAM:GOG), the current Retained Earnings is €-8.40 Mil as of Jun. 2024. 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.

Afrika Gold AG Business Description

Address Chaltenbodenstrasse 26, Schindellegi, CHE, 8834
Afrika Gold AG is a gold exploration and mining company.
36GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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