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Kesselrun Resources (Kesselrun Resources) Retained Earnings : $-4.15 Mil (As of Jan. 2024)


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What is Kesselrun Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kesselrun Resources's retained earnings for the quarter that ended in Jan. 2024 was $-4.15 Mil.

Kesselrun Resources's quarterly retained earnings increased from Jul. 2023 ($-4.05 Mil) to Oct. 2023 ($-4.01 Mil) but then declined from Oct. 2023 ($-4.01 Mil) to Jan. 2024 ($-4.15 Mil).

Kesselrun Resources's annual retained earnings declined from Jul. 2021 ($-3.22 Mil) to Jul. 2022 ($-3.70 Mil) and declined from Jul. 2022 ($-3.70 Mil) to Jul. 2023 ($-4.05 Mil).


Kesselrun Resources Retained Earnings Historical Data

The historical data trend for Kesselrun Resources'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.

Kesselrun Resources Retained Earnings Chart

Kesselrun Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.67 -2.46 -3.22 -3.70 -4.05

Kesselrun Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 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 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 -3.23 -3.34 -4.05 -4.01 -4.15

Kesselrun Resources 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.


Kesselrun Resources  (OTCPK:KSSRF) 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.


Kesselrun Resources (Kesselrun Resources) Business Description

Traded in Other Exchanges
Address
278 Bay Street, Suite 102, Thunder Bay, ON, CAN, P7B 1R8
Kesselrun Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. Its principal focus is its Bluffpoint property located in Bluffpoint Lake Township, with portions extending into the townships of Lawrence Lake, Napanee Lake, and Barker Bay in the Kenora Mining Division of Northwestern Ontario. It also holds an interest in the Huronian Property, which is located in Moss Township, Thunder Bay Mining Division, Ontario. the Huronian property is wholly owned by the company and provides gold trends and other materials.

Kesselrun Resources (Kesselrun Resources) Headlines