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Sonde Resources (Sonde Resources) Retained Earnings : $-295.26 Mil (As of Jun. 2014)


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What is Sonde Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sonde Resources's retained earnings for the quarter that ended in Jun. 2014 was $-295.26 Mil.

Sonde Resources's quarterly retained earnings increased from Dec. 2013 ($-291.04 Mil) to Mar. 2014 ($-283.94 Mil) but then declined from Mar. 2014 ($-283.94 Mil) to Jun. 2014 ($-295.26 Mil).

Sonde Resources's annual retained earnings increased from Dec. 2011 ($-270.68 Mil) to Dec. 2012 ($-258.19 Mil) but then declined from Dec. 2012 ($-258.19 Mil) to Dec. 2013 ($-291.04 Mil).


Sonde Resources Retained Earnings Historical Data

The historical data trend for Sonde 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.

* Premium members only.

Sonde Resources Retained Earnings Chart

Sonde Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -129.30 -234.57 -270.68 -258.19 -291.04

Sonde Resources Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -257.73 -261.29 -291.04 -283.94 -295.26

Sonde 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.


Sonde Resources  (AMEX:SOQDQ) 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.


Sonde Resources (Sonde Resources) Business Description

Traded in Other Exchanges
N/A
Address
North Hill NW, P.O. Box 65161, Calgary, AB, CAN, T2N 4T6
Sonde Resources Corp is a Canada-based oil and gas exploration and production company. The company is engaged in the exploration for, and acquisition, development, and production of, petroleum and natural gas with operations in North Africa and Western Canada. Sonde is actively engaged in exploration and development of oil and gas resources throughout the Joint Oil Block in offshore Tunisia and Libya.

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