Mineros (TSX:MSA) Retained Earnings : C$37.5 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Mineros Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mineros's retained earnings for the quarter that ended in Mar. 2024 was C$37.5 Mil.

Mineros's quarterly retained earnings increased from Sep. 2023 (C$6.2 Mil) to Dec. 2023 (C$35.4 Mil) and increased from Dec. 2023 (C$35.4 Mil) to Mar. 2024 (C$37.5 Mil).

Mineros's annual retained earnings declined from Dec. 2021 (C$66.1 Mil) to Dec. 2022 (C$17.5 Mil) but then increased from Dec. 2022 (C$17.5 Mil) to Dec. 2023 (C$35.4 Mil).

Mineros Retained Earnings Historical Data

The historical data trend for Mineros'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.

Mineros Retained Earnings Chart

Mineros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

64.96

94.99

66.06

17.49

35.39

Mineros Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															32.57	48.32	6.23	35.39	37.53

Mineros 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.

Mineros (TSX:MSA) 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.

Mineros (TSX:MSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineros SA (TSX:MSA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

MNSAF:USA MINEROS:Columbia

Address

Cra 43 A No 14-109, Ed. NovaTempo, Piso 6, Medellin, COL

Website

http://www.mineros.com.co

Mineros SA is a Latin American gold mining company. The company has a diversified asset base, with mines in Colombia, Nicaragua and Argentina and a pipeline of development and exploration projects throughout the region. In Colombia, Nechi Aluvial is a mining property located in the Lower Cauca Region of Antioquia, in northwestern Colombia. In Nicaragua, it owns Hemco, a mining operation located in Bonanza, a municipality in the Caribbean Coast, in the northeastern part of the country, where it has an underground mine and an artisanal mining program. The property in Argentina, Gualcamayo has an open pit and an underground operation. In Chile, it has the La Pepa Greenfield project with Yamana, in the region of Copiapo, in the northern part of the country.

Executives

Negocios Y Representaciones S.a.s

10% Security Holder