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Sailfish Royalty (Sailfish Royalty) Retained Earnings : $-10.74 Mil (As of Sep. 2023)


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What is Sailfish Royalty Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sailfish Royalty's retained earnings for the quarter that ended in Sep. 2023 was $-10.74 Mil.

Sailfish Royalty's quarterly retained earnings declined from Dec. 2022 ($-6.76 Mil) to Mar. 2023 ($-8.26 Mil) and declined from Mar. 2023 ($-8.26 Mil) to Sep. 2023 ($-10.74 Mil).

Sailfish Royalty's annual retained earnings increased from Dec. 2020 ($-3.42 Mil) to Dec. 2021 ($-1.97 Mil) but then declined from Dec. 2021 ($-1.97 Mil) to Dec. 2022 ($-6.76 Mil).


Sailfish Royalty Retained Earnings Historical Data

The historical data trend for Sailfish Royalty'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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Sailfish Royalty Retained Earnings Chart

Sailfish Royalty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial 4.61 1.18 -3.42 -1.97 -6.76

Sailfish Royalty Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 -4.46 -5.74 -6.76 -8.26 -10.74

Sailfish Royalty 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.


Sailfish Royalty  (OTCPK:SROYF) 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.


Sailfish Royalty (Sailfish Royalty) Business Description

Traded in Other Exchanges
Address
Sea Meadow House, PO Box 116, Tortola, Road Town, VGB, VG1110
Sailfish Royalty Corp is engaged in the acquisition of royalty and streaming agreements. The company's portfolio has two main assets on stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the Spring Valley gold project in Pershing County, Nevada.