Fission Uranium (LTS:0UW4) Retained Earnings : C$-159.91 Mil (As of Sep. 2024)

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What is Fission Uranium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fission Uranium's retained earnings for the quarter that ended in Sep. 2024 was C$-159.91 Mil.

Fission Uranium's quarterly retained earnings declined from Mar. 2024 (C$-153.30 Mil) to Jun. 2024 (C$-156.74 Mil) and declined from Jun. 2024 (C$-156.74 Mil) to Sep. 2024 (C$-159.91 Mil).

Fission Uranium's annual retained earnings declined from Dec. 2021 (C$-134.16 Mil) to Dec. 2022 (C$-142.92 Mil) and declined from Dec. 2022 (C$-142.92 Mil) to Dec. 2023 (C$-151.84 Mil).

Fission Uranium Retained Earnings Historical Data

The historical data trend for Fission Uranium'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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Fission Uranium Retained Earnings Chart

Fission Uranium Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-118.35

-127.36

-134.16

-142.92

-151.84

Fission Uranium Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-149.05	-151.84	-153.30	-156.74	-159.91

Fission Uranium 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.

Fission Uranium (LTS:0UW4) 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.

Fission Uranium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Fission Uranium Corp (LTS:0UW4) » Definitions » Retained Earnings

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Address

700 - 1620 Dickson Avenue, Kelowna, BC, CAN, V1Y 9Y2

Website

https://fissionuranium.com

Fission Uranium Corp is a junior resource issuer engaged in the growth and advancement of its core asset, the PLS Property, located in Saskatchewan, Canada. It owns interest in the high grade and near surface Triple R uranium deposit, located on the south western edge of Canada's Athabasca Basin. The company released results of a pre feasibility study outlining an underground only mine plan. The Company's principal business activity is the acquisition and development of exploration and evaluation assets.

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