MAG Silver (TSX:MAG) Retained Earnings : C$-73.19 Mil (As of Dec. 2024)

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What is MAG Silver Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MAG Silver's retained earnings for the quarter that ended in Dec. 2024 was C$-73.19 Mil.

MAG Silver's quarterly retained earnings increased from Jun. 2024 (C$-126.97 Mil) to Sep. 2024 (C$-95.30 Mil) and increased from Sep. 2024 (C$-95.30 Mil) to Dec. 2024 (C$-73.19 Mil).

MAG Silver's annual retained earnings increased from Dec. 2022 (C$-241.56 Mil) to Dec. 2023 (C$-173.27 Mil) and increased from Dec. 2023 (C$-173.27 Mil) to Dec. 2024 (C$-73.19 Mil).

MAG Silver Retained Earnings Historical Data

The historical data trend for MAG Silver'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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MAG Silver Retained Earnings Chart

MAG Silver Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-265.75

-251.42

-241.56

-173.27

-73.19

MAG Silver Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-173.27	-154.66	-126.97	-95.30	-73.19

MAG Silver 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.

MAG Silver (TSX:MAG) 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.

MAG Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MAG Silver Corp (TSX:MAG) » Definitions » Retained Earnings

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MAG:USA 0V56:UK MQ8:Germany

Address

815 West Hastings Street, Suite 801, Vancouver, BC, CAN, V6C 1B4

Website

https://www.magsilver.com

MAG Silver Corp is a Canadian mining company. It is focused on advancing high-grade, district-scale precious metals projects in the Americas. The Company's principal asset is in the Juanicipio Mine located in Zacatecas, Mexico, which produced around 4,000 tonnes per day commercially. The company is also Interested in the Larder project. Its operations are Juanicipio, Deer Trail, and Larder. The Juanicipio Mine recognizes silver, gold, lead, and zinc revenue from concentrate sales.

Executives

Alexis Lambeck	Senior Officer
George Nickolas Paspalas	Director, Senior Officer
Thomas Peregoodoff	Director
Michael John Curlook	Senior Officer
Peter Megaw	Senior Officer
Daniel Thomas Macinnis	Director
Larry Taddei	Senior Officer
Dale Canfield Peniuk	Director
William James Mallory	Senior Officer
Selma Lussenburg	Director
The K2 Principal Fund L.p.	10% Security Holder
Ingrid Jo-ann Hibbard	Director
Richard Peter Clark	Director
Noëlle Drapeau	Director, Senior Officer
Darren Hartley Bondar	Director, Senior Officer