Semafo (OSTO:SMF) Retained Earnings : kr1,734 Mil (As of Mar. 2020)

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What is Semafo Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Semafo's retained earnings for the quarter that ended in Mar. 2020 was kr1,734 Mil.

Semafo's quarterly retained earnings increased from Sep. 2019 (kr1,487 Mil) to Dec. 2019 (kr1,529 Mil) and increased from Dec. 2019 (kr1,529 Mil) to Mar. 2020 (kr1,734 Mil).

Semafo's annual retained earnings increased from Dec. 2017 (kr820 Mil) to Dec. 2018 (kr986 Mil) and increased from Dec. 2018 (kr986 Mil) to Dec. 2019 (kr1,529 Mil).

Semafo Retained Earnings Historical Data

The historical data trend for Semafo'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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Semafo Retained Earnings Chart

Semafo Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Retained Earnings

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409.76

715.15

820.03

986.25

1,529.25

Semafo Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Retained Earnings	Get a 7-Day Free Trial															1,179.13	1,357.47	1,487.20	1,529.25	1,734.39

Semafo 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.

Semafo (OSTO:SMF) 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.

Semafo (OSTO:SMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Semafo Inc (OSTO:SMF) » Definitions » Retained Earnings

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Address

100 Alexis-Nihon Boulevard, 7th Floor, Saint-Laurent, QC, CAN, H4M 2P3

Website

http://www.semafo.com

Semafo Inc is a Canadian mining company with gold production and exploration activities in Burkina Faso. The company's main operations are in Boungou, Burkina Faso, and Mana, Burkina Faso. Boungou is a relatively new production site that is located in southeastern Burkina Faso. The Mana project, which has been in operation longer, includes the Siou deposit, which is about 20 kilometers from the Mana Mine in Burkina Faso. Semafo has developed exploration strategies for future deposits in West Africa, such as Tapoa (Boungou Project), Mana, Kongolokoro (Bantou Zone), and Yactibo (Nabanga Deposit).

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