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Aldebaran Resources (TSXV:ALDE) Retained Earnings : C$-11.90 Mil (As of Mar. 2024)


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What is Aldebaran Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aldebaran Resources's retained earnings for the quarter that ended in Mar. 2024 was C$-11.90 Mil.

Aldebaran Resources's quarterly retained earnings declined from Sep. 2023 (C$-11.08 Mil) to Dec. 2023 (C$-12.09 Mil) but then increased from Dec. 2023 (C$-12.09 Mil) to Mar. 2024 (C$-11.90 Mil).

Aldebaran Resources's annual retained earnings declined from Jun. 2021 (C$-4.32 Mil) to Jun. 2022 (C$-4.96 Mil) and declined from Jun. 2022 (C$-4.96 Mil) to Jun. 2023 (C$-7.33 Mil).


Aldebaran Resources Retained Earnings Historical Data

The historical data trend for Aldebaran Resources'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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Aldebaran Resources Retained Earnings Chart

Aldebaran Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial -0.54 -2.54 -4.32 -4.96 -7.33

Aldebaran Resources 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 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 -5.70 -7.33 -11.08 -12.09 -11.90

Aldebaran Resources 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.


Aldebaran Resources  (TSXV:ALDE) 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.


Aldebaran Resources (TSXV:ALDE) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Aldebaran Resources Inc is a Canadian mineral exploration company. Aldebaran has the right to earn from the Altar copper-gold project in San Juan Province, Argentina from Sibanye Stillwater. Altar hosts a large porphyry copper-gold system with mineralization currently defined in three distinct zones and forms part of a cluster of porphyry copper deposits which includes Los Pelambres (Antofagasta Minerals), El Pachon (Glencore), and Los Azules (McEwen Mining). The firm is focused on the Altar project with a view to discovering new zones with higher-grade mineralization.
Executives
Gordon Patrick Leask Director

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