RTTGF (RTG Mining) Retained Earnings : $-194.93 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is RTG Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. RTG Mining's retained earnings for the quarter that ended in Dec. 2023 was $-194.93 Mil.

RTG Mining's quarterly retained earnings declined from Dec. 2021 ($-184.43 Mil) to Dec. 2022 ($-190.56 Mil) and declined from Dec. 2022 ($-190.56 Mil) to Dec. 2023 ($-194.93 Mil).

RTG Mining's annual retained earnings declined from Dec. 2021 ($-184.43 Mil) to Dec. 2022 ($-190.56 Mil) and declined from Dec. 2022 ($-190.56 Mil) to Dec. 2023 ($-194.93 Mil).

RTG Mining Retained Earnings Historical Data

The historical data trend for RTG Mining'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.

RTG Mining Retained Earnings Chart

RTG Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-171.95

-177.62

-184.43

-190.56

-194.93

RTG Mining Semi-Annual Data
	Jun11	Jun12	Jun13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Retained Earnings	Get a 7-Day Free Trial								-171.95	-177.62	-184.43	-190.56	-194.93

RTG Mining 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.

RTG Mining (OTCPK:RTTGF) 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.

RTG Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RTG Mining Inc (OTCPK:RTTGF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

RTG:Canada RTG:Australia

Address

516 Hay Street, Level 1, Subiaco, WA, AUS, 6008

Website

https://www.rtgmining.com

RTG Mining Inc is into the mining and exploration business. It is focused on high-grade, low operating cost gold projects. Some of its minor exploration and evaluation assets are held in Africa, all of the company's other assets are located in the Philippines. The organization's principal asset and focus are the Mabilo Project located in Camarines Norte Province, Eastern Luzon, Philippines. The company's other projects include The Bunawan project and the Nalesbitan Project.