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NICMF (Nickel Industries) Retained Earnings : $62 Mil (As of Dec. 2024)


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What is Nickel Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nickel Industries's retained earnings for the quarter that ended in Dec. 2024 was $62 Mil.

Nickel Industries's quarterly retained earnings declined from Dec. 2023 ($373 Mil) to Jun. 2024 ($308 Mil) and declined from Jun. 2024 ($308 Mil) to Dec. 2024 ($62 Mil).

Nickel Industries's annual retained earnings increased from Dec. 2022 ($337 Mil) to Dec. 2023 ($373 Mil) but then declined from Dec. 2023 ($373 Mil) to Dec. 2024 ($62 Mil).


Nickel Industries Retained Earnings Historical Data

The historical data trend for Nickel Industries'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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Nickel Industries Retained Earnings Chart

Nickel Industries Annual Data
Trend Jun19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 187.93 250.78 337.03 373.06 61.74

Nickel Industries Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 337.03 323.45 373.06 308.29 61.74

Nickel Industries 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.


Nickel Industries  (OTCPK:NICMF) 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.


Nickel Industries Business Description

Traded in Other Exchanges
Address
66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. The group has three segments: nickel ore mining in Indonesia, the RKEF projects in Indonesia and Singapore and the HPAL projects in Indonesia. Its principal operations, located in Indonesia, are the Hengjaya Nickel, Oracle Nickel, and RKEF projects located within the Indonesia Morowali Industrial Park (IMIP), the Angel Nickel RKEF Project within the Indonesia Weda Bay Industrial Park (IWIP), and the Hengjaya Mine, a large tonnage, high grade nickel laterite deposit in close proximity to the IMIP.