Mining Investments Resources (LSE:MIR) Retained Earnings: £-11.19 Mil (As of Dec. 2013)

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What is Mining Investments Resources Retained Earnings?

Mining Investments Resources LSE:MIR Retained Earnings is £-11.19 Mil as of Dec. 2013. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mining Investments Resources's retained earnings for the quarter that ended in Dec. 2013 was £-11.19 Mil.

Mining Investments Resources's quarterly retained earnings declined from Dec. 2012 (£-10.47 Mil) to Jun. 2013 (£-10.91 Mil) and declined from Jun. 2013 (£-10.91 Mil) to Dec. 2013 (£-11.19 Mil).

Mining Investments Resources's annual retained earnings declined from Jun. 2011 (£-9.70 Mil) to Jun. 2012 (£-10.34 Mil) and declined from Jun. 2012 (£-10.34 Mil) to Jun. 2013 (£-10.91 Mil).

Mining Investments Resources  (LSE:MIR) 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.

Mining Investments Resources Retained Earnings Historical Data

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The historical data trend for Mining Investments 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.

Mining Investments Resources Retained Earnings Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.15 -9.21 -9.70 -10.34 -10.91

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 -9.90 -10.34 -10.47 -10.91 -11.19

Mining Investments 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of £-11.19 Mil mean?
Mining Investments Resources (LSE:MIR) has a Retained Earnings of £-11.19 Mil as of Dec. 2013. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mining Investments Resources and its competitors.
Is Mining Investments Resources' Retained Earnings too high?
Mining Investments Resources' current Retained Earnings is £-11.19 Mil.
How does Mining Investments Resources' Retained Earnings compare to competitors?
Mining Investments Resources' Retained Earnings of £-11.19 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Retained Earnings depends on the Conglomerates 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 Mining Investments Resources and its competitors. Mining Investments Resources's current Retained Earnings is £-11.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) has a current Retained Earnings of £-11.19 Mil. The current Retained Earnings is £-11.19 Mil. 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 Mining Investments Resources (LSE:MIR), the current Retained Earnings is £-11.19 Mil as of Dec. 2013. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.