SWYDF (Stornoway Diamond) Retained Earnings: $-792.6 Mil (As of Jun. 2019)


What is Stornoway Diamond Retained Earnings?

Stornoway Diamond SWYDF Retained Earnings is $-792.6 Mil as of Jun. 2019.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stornoway Diamond's retained earnings for the quarter that ended in Jun. 2019 was $-792.6 Mil.

Stornoway Diamond's quarterly retained earnings declined from Dec. 2018 ($-490.0 Mil) to Mar. 2019 ($-528.7 Mil) and declined from Mar. 2019 ($-528.7 Mil) to Jun. 2019 ($-792.6 Mil).

Stornoway Diamond's annual retained earnings declined from Dec. 2016 ($-161.1 Mil) to Dec. 2017 ($-257.7 Mil) and declined from Dec. 2017 ($-257.7 Mil) to Dec. 2018 ($-490.0 Mil).

Stornoway Diamond  (OTCPK:SWYDF) 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.

Stornoway Diamond Retained Earnings Historical Data

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The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Retained Earnings Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -209.42 -187.11 -161.07 -257.71 -490.05

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -286.41 -317.30 -490.05 -528.73 -792.61

Stornoway Diamond 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-792.6 Mil mean?
Stornoway Diamond (SWYDF) has a Retained Earnings of $-792.6 Mil as of Jun. 2019. Retained earnings is the amount of net income not issued to shareholders. View historical data on Stornoway Diamond and its competitors.
Is Stornoway Diamond's Retained Earnings too high?
Stornoway Diamond's current Retained Earnings is $-792.6 Mil.
How does Stornoway Diamond's Retained Earnings compare to DYNR and CTDT?
Stornoway Diamond's Retained Earnings of $-792.6 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Stornoway Diamond and its competitors. Stornoway Diamond's current Retained Earnings is $-792.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Retained Earnings of $-792.6 Mil. The current Retained Earnings is $-792.6 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Stornoway Diamond (SWYDF), the current Retained Earnings is $-792.6 Mil as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.