Switch Metals (LSE:SWT) Retained Earnings: £-2.53 Mil (As of Jun. 2025)


What is Switch Metals Retained Earnings?

Switch Metals LSE:SWT Retained Earnings is £-2.53 Mil as of Jun. 2025.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Switch Metals's retained earnings for the quarter that ended in Jun. 2025 was £-2.53 Mil.

Switch Metals's quarterly retained earnings declined from Jan. 2024 (£-0.70 Mil) to Jul. 2024 (£-0.87 Mil) and declined from Jul. 2024 (£-0.87 Mil) to Jun. 2025 (£-2.53 Mil).

Switch Metals's annual retained earnings declined from Jan. 2022 (£-0.17 Mil) to Jan. 2023 (£-0.42 Mil) and declined from Jan. 2023 (£-0.42 Mil) to Jan. 2024 (£-0.70 Mil).

Switch Metals  (LSE:SWT) 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.

Switch Metals Retained Earnings Historical Data

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The historical data trend for Switch Metals'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.

Switch Metals Retained Earnings Chart

Switch Metals Annual Data
Trend Jan22 Jan23 Jan24 Dec25
Retained Earnings
-0.17 -0.42 -0.70 -3.76

Switch Metals Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jun25 Dec25
Retained Earnings Get a 7-Day Free Trial Premium Member Only -0.68 -0.70 -0.87 -2.53 -3.76

Switch Metals 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 £-2.53 Mil mean?
Switch Metals (LSE:SWT) has a Retained Earnings of £-2.53 Mil as of Jun. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Switch Metals and its competitors.
Is Switch Metals' Retained Earnings too high?
Switch Metals' current Retained Earnings is £-2.53 Mil.
How does Switch Metals' Retained Earnings compare to competitors?
Switch Metals' Retained Earnings of £-2.53 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining 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 Switch Metals and its competitors. Switch Metals's current Retained Earnings is £-2.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Switch Metals stock overvalued right now?
Switch Metals (LSE:SWT) has a current Retained Earnings of £-2.53 Mil. The current Retained Earnings is £-2.53 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 Switch Metals (LSE:SWT), the current Retained Earnings is £-2.53 Mil as of Jun. 2025. 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.

Switch Metals Business Description

Address One Mayfair Place, Level 1, Devonshire House, London, GBR, W1J 8AJ
Switch Metals PLC holder of coltan (tantalum and niobium) and lithium licences in Cote d'Ivoire. Its Projects are Issia, Bouake, and Tiassale.