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

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TMBXF Tombstone Exploration Corp TMBXF
39 GF Score
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What is Tombstone Exploration Retained Earnings?

Tombstone Exploration TMBXF -98.89% 39 Retained Earnings is $-32.48 Mil as of Dec. 2021. GuruFocus rates TMBXF with a GF Score™ of 39/100.

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  (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 Retained Earnings Historical Data

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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.

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 Premium Member Only Premium Member Only -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 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 -27.00 -27.56 -29.26 -30.63 -32.48
TMBXF
39GF Score
Tombstone Exploration Corp TMBXF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-32.48 Mil mean?
Tombstone Exploration (TMBXF) has a Retained Earnings of $-32.48 Mil as of Dec. 2021. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tombstone Exploration and its competitors.
Is Tombstone Exploration's Retained Earnings too high?
Tombstone Exploration's current Retained Earnings is $-32.48 Mil. Overall, Tombstone Exploration has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Tombstone Exploration's Retained Earnings compare to WNFT and NMEX?
Tombstone Exploration's Retained Earnings of $-32.48 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 Tombstone Exploration and its competitors. Tombstone Exploration's current Retained Earnings is $-32.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tombstone Exploration stock overvalued right now?
Tombstone Exploration (TMBXF) has a current Retained Earnings of $-32.48 Mil. The current Retained Earnings is $-32.48 Mil. Tombstone Exploration's overall GF Score™ is 39/100. 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 Tombstone Exploration (TMBXF), the current Retained Earnings is $-32.48 Mil as of Dec. 2021. 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.

Tombstone Exploration Business Description

Address 6529 E. Friess Drive, Scottsdale, AZ, USA, 85254
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.
39GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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