Tsodilo Resources (STU:TZO) Retained Earnings : €-49.51 Mil (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Tsodilo Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tsodilo Resources's retained earnings for the quarter that ended in Sep. 2024 was €-49.51 Mil.

Tsodilo Resources's quarterly retained earnings declined from Mar. 2024 (€-50.17 Mil) to Jun. 2024 (€-50.86 Mil) but then increased from Jun. 2024 (€-50.86 Mil) to Sep. 2024 (€-49.51 Mil).

Tsodilo Resources's annual retained earnings declined from Dec. 2021 (€-45.27 Mil) to Dec. 2022 (€-50.19 Mil) but then increased from Dec. 2022 (€-50.19 Mil) to Dec. 2023 (€-49.81 Mil).

Tsodilo Resources Retained Earnings Historical Data

The historical data trend for Tsodilo 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.

Tsodilo Resources Retained Earnings Chart

Tsodilo Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-44.26

-40.96

-45.27

-50.19

-49.81

Tsodilo Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-50.40	-49.81	-50.17	-50.86	-49.51

Tsodilo 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.

Tsodilo Resources (STU:TZO) 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.

Tsodilo Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tsodilo Resources Ltd (STU:TZO) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

TSDRF:USA TSD:Canada

Address

1 King Street West, 48th Floor, Toronto, ON, CAN, M5H 1A1

Website

https://www.tsodiloresources.com

Tsodilo Resources Ltd is an international resource exploration company engaged in the search for economic metal and diamond deposits at its Gcwihaba Resources (Pty) Limited and Bosoto (Pty) Ltd. projects in Botswana. The company has a 100% stake in its Gcwihaba project area consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana. Tsodilo manages the exploration of the Gcwihaba and Bosoto projects.

Tsodilo Resources Headlines

No Headlines