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Trilogy Metals (TSX:TMQ) Retained Earnings : C$-126.32 Mil (As of Nov. 2024)


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What is Trilogy Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trilogy Metals's retained earnings for the quarter that ended in Nov. 2024 was C$-126.32 Mil.

Trilogy Metals's quarterly retained earnings declined from May. 2024 (C$-119.14 Mil) to Aug. 2024 (C$-121.21 Mil) and declined from Aug. 2024 (C$-121.21 Mil) to Nov. 2024 (C$-126.32 Mil).

Trilogy Metals's annual retained earnings declined from Nov. 2022 (C$-89.98 Mil) to Nov. 2023 (C$-112.14 Mil) and declined from Nov. 2023 (C$-112.14 Mil) to Nov. 2024 (C$-126.32 Mil).


Trilogy Metals Retained Earnings Historical Data

The historical data trend for Trilogy Metals'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.

Trilogy Metals Retained Earnings Chart

Trilogy Metals Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.38 -53.54 -89.98 -112.14 -126.32

Trilogy Metals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -112.14 -115.31 -119.14 -121.21 -126.32

Trilogy Metals 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.


Trilogy Metals  (TSX:TMQ) 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.


Trilogy Metals Business Description

Traded in Other Exchanges
Address
510 Burrard StreeT, Suite 901, Vancouver, BC, CAN, V6C 3A8
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties include the Arctic copper-zinc-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
Executives
Elaine Sanders Senior Officer
Tony Serafino Giardini Director, Senior Officer
Richard Gosse Senior Officer
Patrick Michael Donnelly Senior Officer
Janice Alayne Stairs Director
Kalidas Madhavpeddi Director
Gregory Anthony Lang Director
William Hayden Director
Diana Walters Director
William L. Iggiagruk Hensley Director
James Kitchener Gowans Director
Robert Michael Jacko Senior Officer