Energy Fuels (TSX:EFR) Retained Earnings : C$-477.31 Mil (As of Mar. 2024)

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What is Energy Fuels Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Energy Fuels's retained earnings for the quarter that ended in Mar. 2024 was C$-477.31 Mil.

Energy Fuels's quarterly retained earnings declined from Sep. 2023 (C$-454.85 Mil) to Dec. 2023 (C$-477.96 Mil) but then increased from Dec. 2023 (C$-477.96 Mil) to Mar. 2024 (C$-477.31 Mil).

Energy Fuels's annual retained earnings declined from Dec. 2021 (C$-507.23 Mil) to Dec. 2022 (C$-619.64 Mil) but then increased from Dec. 2022 (C$-619.64 Mil) to Dec. 2023 (C$-477.96 Mil).

Energy Fuels Retained Earnings Historical Data

The historical data trend for Energy Fuels'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.

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Energy Fuels Retained Earnings Chart

Energy Fuels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-487.30

-509.56

-507.23

-619.64

-477.96

Energy Fuels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-467.76	-460.65	-454.85	-477.96	-477.31

Energy Fuels 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.

Energy Fuels (TSX:EFR) 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.

Energy Fuels (TSX:EFR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Energy Fuels Inc (TSX:EFR) » Definitions » Retained Earnings

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UUUU:USA VO51:Germany

Address

225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228

Website

https://www.energyfuels.com

Energy Fuels Inc is a United States-based critical minerals company. The Company mines uranium and produces natural uranium concentrates that are sold to nuclear utilities for the production of carbon-free nuclear energy. It holds two of America's key uranium production centers: The White Mesa Mill in Utah, and the Nichols Ranch ISR Facility in Wyoming. Its producing White Mesa Mill is the only conventional uranium mill in the United States and has a licensed capacity of approximately 8 million pounds of U3O8 per year. Nichols Ranch is in production and has a licensed capacity of approximately 2 million pounds of U3O8 per year. It also produces vanadium. Energy Fuels also owns several licensed and developed uranium and vanadium mines on standby and other projects in development.

Executives

James Birks Bovaird

Director