SDURF (Stroud Resources) Retained Earnings : $-22.03 Mil (As of Jun. 2024)

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What is Stroud Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stroud Resources's retained earnings for the quarter that ended in Jun. 2024 was $-22.03 Mil.

Stroud Resources's quarterly retained earnings increased from Dec. 2023 ($-22.40 Mil) to Mar. 2024 ($-22.24 Mil) and increased from Mar. 2024 ($-22.24 Mil) to Jun. 2024 ($-22.03 Mil).

Stroud Resources's annual retained earnings increased from Dec. 2021 ($-22.14 Mil) to Dec. 2022 ($-21.91 Mil) but then declined from Dec. 2022 ($-21.91 Mil) to Dec. 2023 ($-22.40 Mil).

Stroud Resources Retained Earnings Historical Data

The historical data trend for Stroud Resources'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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Stroud Resources Retained Earnings Chart

Stroud Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-18.56

-19.43

-22.14

-21.91

-22.40

Stroud Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-22.50	-22.14	-22.40	-22.24	-22.03

Stroud Resources 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.

Stroud Resources (OTCPK:SDURF) 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.

Stroud Resources Business Description

Industry

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3X21:Germany SDR:Canada

Address

1090 Don Mills Road, Suite 404, Toronto, ON, CAN, M3C 3R6

Website

https://www.stroudsilver.com

Stroud Resources Ltd is a mineral exploration company with an exploration portfolio in Canada and Mexico. The company holds its interest in its Mexican properties through its wholly-owned subsidiary, which holds prospecting and exploration permits for the properties. It operates in two segments: Mineral exploration and Oil & gas exploration and development. Some of its projects are Santo Domingo, Hislop, Leckie, and other Oil and Gas Interests.