KAZ Minerals (KAZ Minerals) Retained Earnings : $1,799 Mil (As of Dec. 2020)

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What is KAZ Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KAZ Minerals's retained earnings for the quarter that ended in Dec. 2020 was $1,799 Mil.

KAZ Minerals's quarterly retained earnings increased from Dec. 2019 ($1,213 Mil) to Jun. 2020 ($1,374 Mil) and increased from Jun. 2020 ($1,374 Mil) to Dec. 2020 ($1,799 Mil).

KAZ Minerals's annual retained earnings increased from Dec. 2018 ($686 Mil) to Dec. 2019 ($1,213 Mil) and increased from Dec. 2019 ($1,213 Mil) to Dec. 2020 ($1,799 Mil).

KAZ Minerals Retained Earnings Historical Data

The historical data trend for KAZ Minerals'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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KAZ Minerals Retained Earnings Chart

KAZ Minerals Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Retained Earnings

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-251.00

203.00

686.00

1,213.00

1,799.00

KAZ Minerals Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Retained Earnings	Get a 7-Day Free Trial															686.00	886.00	1,213.00	1,374.00	1,799.00

KAZ Minerals 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.

KAZ Minerals (OTCPK:KZMYY) 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.

KAZ Minerals (KAZ Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KAZ Minerals PLC (OTCPK:KZMYY) » Definitions » Retained Earnings

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Address

100 Victoria Street, 6th Floor, Cardinal Place, London, GBR, SW1E 5JL

Website

https://www.kazminerals.com

KAZ Minerals PLC is a copper mining company focused on open-pit mining in Kazakhstan. KAZ Minerals operates several mines across Kazakhstan, with almost half the company's output derived from the Bozshakol mine in the north of the country. Through copper mining, the company also generates by-products, which principally include gold, silver, and zinc. While the company generates the vast majority of its revenue from copper, it derives some revenue from the sale of the by-products. KAZ Minerals sells its finished metals across both China and Europe.