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HWAUF (Headwater Gold) Retained Earnings : $-4.66 Mil (As of Nov. 2024)


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What is Headwater Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Headwater Gold's retained earnings for the quarter that ended in Nov. 2024 was $-4.66 Mil.

Headwater Gold's quarterly retained earnings declined from May. 2024 ($-2.39 Mil) to Aug. 2024 ($-4.98 Mil) but then increased from Aug. 2024 ($-4.98 Mil) to Nov. 2024 ($-4.66 Mil).

Headwater Gold's annual retained earnings declined from Feb. 2022 ($-1.81 Mil) to Feb. 2023 ($-2.48 Mil) but then increased from Feb. 2023 ($-2.48 Mil) to Feb. 2024 ($-2.31 Mil).

Headwater Gold Retained Earnings Historical Data

The historical data trend for Headwater 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.

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Headwater Gold Retained Earnings Chart

Headwater Gold Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24
Retained Earnings
-0.32 0.60 -1.81 -2.48 -2.31

Headwater Gold Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -2.11 -2.31 -2.39 -4.98 -4.66

Headwater 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.

Headwater Gold  (OTCPK:HWAUF) 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.

Headwater Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Headwater Gold Inc (OTCPK:HWAUF) » Definitions » Retained Earnings
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Traded in Other Exchanges
HWG:Canada
Address
1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4
Website
https://www.headwatergold.com
Headwater Gold Inc is a mineral exploration company focused on exploring high-grade precious metal deposits in the Western USA. The company has projects in Nevada and Idaho - Oregon. It has one operating segment, the exploration of mineral properties. Geographically, it operates in The United States and Canada.