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RHCCF (Royal Helium) Retained Earnings : $-42.54 Mil (As of Sep. 2024)


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What is Royal Helium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Royal Helium's retained earnings for the quarter that ended in Sep. 2024 was $-42.54 Mil.

Royal Helium's quarterly retained earnings declined from Mar. 2024 ($-37.40 Mil) to Jun. 2024 ($-39.53 Mil) and declined from Jun. 2024 ($-39.53 Mil) to Sep. 2024 ($-42.54 Mil).

Royal Helium's annual retained earnings declined from Dec. 2021 ($-24.04 Mil) to Dec. 2022 ($-25.88 Mil) and declined from Dec. 2022 ($-25.88 Mil) to Dec. 2023 ($-34.44 Mil).

Royal Helium Retained Earnings Historical Data

The historical data trend for Royal Helium'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.

Royal Helium Retained Earnings Chart

Royal Helium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.47 -20.02 -24.04 -25.88 -34.44

Royal Helium 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.21 -34.44 -37.40 -39.53 -42.54

Royal Helium 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.

Royal Helium  (OTCPK:RHCCF) 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.

Royal Helium Business Description

Industry
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RD31:Germany RHC:Canada
Address
224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Website
https://www.royalheliumltd.com
Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.