Nexus Uranium (STU:3H1) Retained Earnings : €-6.15 Mil (As of Feb. 2024)

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What is Nexus Uranium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nexus Uranium's retained earnings for the quarter that ended in Feb. 2024 was €-6.15 Mil.

Nexus Uranium's quarterly retained earnings increased from Aug. 2023 (€-4.80 Mil) to Nov. 2023 (€-4.78 Mil) but then declined from Nov. 2023 (€-4.78 Mil) to Feb. 2024 (€-6.15 Mil).

Nexus Uranium's annual retained earnings declined from Nov. 2021 (€-3.71 Mil) to Nov. 2022 (€-4.14 Mil) and declined from Nov. 2022 (€-4.14 Mil) to Nov. 2023 (€-4.78 Mil).

Nexus Uranium Retained Earnings Historical Data

The historical data trend for Nexus Uranium'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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Nexus Uranium Retained Earnings Chart

Nexus Uranium Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Retained Earnings

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-0.38

-1.63

-3.71

-4.14

-4.78

Nexus Uranium Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															-4.01	-4.70	-4.80	-4.78	-6.15

Nexus Uranium 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.

Nexus Uranium (STU:3H1) 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.

Nexus Uranium (STU:3H1) Business Description

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GIDMF:USA NEXU:Canada

Address

503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6

Website

https://www.nexusuranium.com

Nexus Uranium Corp is a multi-commodity development company focused on advancing the Wray Mesa uranium-vanadium project in Utah in addition to its precious metals portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in Nevada, the Napoleon gold project in British Columbia, and a package of gold claims in the Yukon.

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