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Copper Mountain Mining (TSX:CMMC) Retained Earnings : C$88.5 Mil (As of Mar. 2023)


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What is Copper Mountain Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Copper Mountain Mining's retained earnings for the quarter that ended in Mar. 2023 was C$88.5 Mil.

Copper Mountain Mining's quarterly retained earnings increased from Sep. 2022 (C$26.3 Mil) to Dec. 2022 (C$100.9 Mil) but then declined from Dec. 2022 (C$100.9 Mil) to Mar. 2023 (C$88.5 Mil).

Copper Mountain Mining's annual retained earnings increased from Dec. 2020 (C$-35.2 Mil) to Dec. 2021 (C$68.9 Mil) and increased from Dec. 2021 (C$68.9 Mil) to Dec. 2022 (C$100.9 Mil).


Copper Mountain Mining Retained Earnings Historical Data

The historical data trend for Copper Mountain Mining'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.

Copper Mountain Mining Retained Earnings Chart

Copper Mountain Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.03 -70.52 -35.15 68.94 100.90

Copper Mountain Mining Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 62.64 59.19 26.33 100.90 88.48

Copper Mountain Mining 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.


Copper Mountain Mining  (TSX:CMMC) 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.


Copper Mountain Mining (TSX:CMMC) Business Description

Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 1700, Vancouver, BC, CAN, V6C 1G8
Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia. The Company is engaged in mining, exploration and development of mineral properties, and has an operating mine in Canada.

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