GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Rand Gold Ltd (LSE:CRND) » Definitions » Retained Earnings

Central Rand Gold (LSE:CRND) Retained Earnings : £-210.57 Mil (As of Jun. 2017)


View and export this data going back to 2007. Start your Free Trial

What is Central Rand Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Central Rand Gold's retained earnings for the quarter that ended in Jun. 2017 was £-210.57 Mil.

Central Rand Gold's quarterly retained earnings declined from Jun. 2016 (£-184.79 Mil) to Dec. 2016 (£-213.22 Mil) but then increased from Dec. 2016 (£-213.22 Mil) to Jun. 2017 (£-210.57 Mil).

Central Rand Gold's annual retained earnings declined from Dec. 2014 (£-167.14 Mil) to Dec. 2015 (£-174.82 Mil) and declined from Dec. 2015 (£-174.82 Mil) to Dec. 2016 (£-213.22 Mil).


Central Rand Gold Retained Earnings Historical Data

The historical data trend for Central Rand 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.

* Premium members only.

Central Rand Gold Retained Earnings Chart

Central Rand Gold Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -143.30 -150.24 -167.14 -174.82 -213.22

Central Rand Gold Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 -168.68 -174.82 -184.79 -213.22 -210.57

Central Rand 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.


Central Rand Gold  (LSE:CRND) 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.


Central Rand Gold (LSE:CRND) Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, 2nd Floor, East Wing, Admiral Park, St Peter Port, GGY, GY13HU
Central Rand Gold Ltd is a gold exploration and production group. It is engaged in a gold mining and exploration project that aims to bring profitable and sustainable gold mining back to the City of Johannesburg. The company plans to extract all profitable gold from its resource base using appropriate mining, processing, and environmentally friendly technologies. Central Rand Gold's current portfolio is the Consolidated Main Reef (CMR) operations which have been split into CMR West and CMR East and the Crown Mines development. CMR West is Central Rand Gold's first mining target area. It comprises an operational underground and opencast gold mine that utilizes conventional opencast stopping and extraction methods.

Central Rand Gold (LSE:CRND) Headlines

No Headlines