PLLTL (Piedmont Lithium) Retained Earnings : $-191.61 Mil (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Piedmont Lithium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Piedmont Lithium's retained earnings for the quarter that ended in Dec. 2024 was $-191.61 Mil.

Piedmont Lithium's quarterly retained earnings declined from Jun. 2024 ($-163.79 Mil) to Sep. 2024 ($-180.47 Mil) and declined from Sep. 2024 ($-180.47 Mil) to Dec. 2024 ($-191.61 Mil).

Piedmont Lithium's annual retained earnings declined from Dec. 2022 ($-105.66 Mil) to Dec. 2023 ($-126.84 Mil) and declined from Dec. 2023 ($-126.84 Mil) to Dec. 2024 ($-191.61 Mil).

Piedmont Lithium Retained Earnings Historical Data

The historical data trend for Piedmont Lithium'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.

* Premium members only.

Piedmont Lithium Retained Earnings Chart

Piedmont Lithium Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Dec24

Retained Earnings

Get a 7-Day Free Trial

-51.59

-71.34

-105.66

-126.84

-191.61

Piedmont Lithium Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-126.84	-150.46	-163.79	-180.47	-191.61

Piedmont Lithium 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.

Piedmont Lithium (OTCPK:PLLTL) 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.

Piedmont Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Piedmont Lithium Inc (OTCPK:PLLTL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

PLL:USA 6S3A:Germany PLL:Australia

Address

42 E Catawba Street, Belmont, NC, USA, 28012

Website

https://www.piedmontlithium.com

Piedmont Lithium Inc, is a U.S. based, development-stage, multi-asset, integrated lithium business in support of a clean energy economy and U.S. and world-wide energy security. Its portfolio of wholly-owned projects includes Carolina Lithium, a proposed fully integrated spodumene ore-to-lithium hydroxide project in Gaston County, North Carolina, and Tennessee Lithium, a proposed merchant lithium hydroxide manufacturing plant in McMinn County, Tennessee.