Batero Gold (STU:68B) Retained Earnings : €-20.83 Mil (As of Nov. 2024)

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What is Batero Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Batero Gold's retained earnings for the quarter that ended in Nov. 2024 was €-20.83 Mil.

Batero Gold's quarterly retained earnings increased from May. 2024 (€-20.87 Mil) to Aug. 2024 (€-20.49 Mil) but then declined from Aug. 2024 (€-20.49 Mil) to Nov. 2024 (€-20.83 Mil).

Batero Gold's annual retained earnings increased from Aug. 2022 (€-22.96 Mil) to Aug. 2023 (€-20.74 Mil) and increased from Aug. 2023 (€-20.74 Mil) to Aug. 2024 (€-20.49 Mil).

Batero Gold Retained Earnings Historical Data

The historical data trend for Batero Gold'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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Batero Gold Retained Earnings Chart

Batero Gold Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Retained Earnings

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-18.37

-19.98

-22.96

-20.74

-20.49

Batero Gold Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Retained Earnings	Get a 7-Day Free Trial															-20.65	-21.08	-20.87	-20.49	-20.83

Batero Gold 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.

Batero Gold (STU:68B) 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.

Batero Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Batero Gold Corp (STU:68B) » Definitions » Retained Earnings

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BELDF:USA 68B:Germany BAT:Canada

Address

885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.baterogold.com

Batero Gold Corp is engaged in the process of exploring and evaluating its exploration and evaluation assets. It focuses on the exploration and development of the Batero-Quinchia Project, which is located within Colombia's Middle Cauca Belt of porphyry gold-copper and epithermal gold systems. The Batero-Quinchia Project includes La Cumbre Porphyry, Dos Quebradas Porphyry, and El Centro Zone. The company operates in one geographic zone.

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