Tombstone Exploration (Tombstone Exploration) Retained Earnings : $-32.48 Mil (As of Dec. 2021)

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

What is Tombstone Exploration Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tombstone Exploration's retained earnings for the quarter that ended in Dec. 2021 was $-32.48 Mil.

Tombstone Exploration's quarterly retained earnings declined from Dec. 2019 ($-29.26 Mil) to Dec. 2020 ($-30.63 Mil) and declined from Dec. 2020 ($-30.63 Mil) to Dec. 2021 ($-32.48 Mil).

Tombstone Exploration's annual retained earnings declined from Dec. 2019 ($-29.26 Mil) to Dec. 2020 ($-30.63 Mil) and declined from Dec. 2020 ($-30.63 Mil) to Dec. 2021 ($-32.48 Mil).

Tombstone Exploration Retained Earnings Historical Data

The historical data trend for Tombstone Exploration'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.

Tombstone Exploration Retained Earnings Chart

Tombstone Exploration Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Retained Earnings

Get a 7-Day Free Trial

-27.00

-27.56

-29.26

-30.63

-32.48

Tombstone Exploration Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Retained Earnings	Get a 7-Day Free Trial															-27.00	-27.56	-29.26	-30.63	-32.48

Tombstone Exploration 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.

Tombstone Exploration (OTCPK:TMBXF) 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.

Tombstone Exploration (Tombstone Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tombstone Exploration Corp (OTCPK:TMBXF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

6529 E. Friess Drive, Scottsdale, AZ, USA, 85254

Website

https://www.tombstonemining.com

Tombstone Exploration Corp is an exploration-stage mineral resource company. Its focus of operations has been to generate revenue from the production of silver and gold as well as additional base minerals such as copper, lead, and zinc. The company's objective is to produce metals and minerals below standard industry costs. It holds mineral rights to the Stardust mine located in Yuma County, Arizona. The company's projects include The Bonanza Project, The Tombstone Project, and the Stardust Project.