Battery Mineral Resources (TSXV:BMR) Retained Earnings : C$-38.98 Mil (As of Jun. 2024)

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What is Battery Mineral Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Battery Mineral Resources's retained earnings for the quarter that ended in Jun. 2024 was C$-38.98 Mil.

Battery Mineral Resources's quarterly retained earnings declined from Dec. 2023 (C$-31.33 Mil) to Mar. 2024 (C$-35.63 Mil) and declined from Mar. 2024 (C$-35.63 Mil) to Jun. 2024 (C$-38.98 Mil).

Battery Mineral Resources's annual retained earnings declined from Dec. 2021 (C$-16.52 Mil) to Dec. 2022 (C$-20.02 Mil) and declined from Dec. 2022 (C$-20.02 Mil) to Dec. 2023 (C$-31.33 Mil).

Battery Mineral Resources Retained Earnings Historical Data

The historical data trend for Battery Mineral 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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Battery Mineral Resources Retained Earnings Chart

Battery Mineral Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-0.12

-3.20

-16.52

-20.02

-31.33

Battery Mineral Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial														-	-28.50	-31.33	-35.63	-38.98

Battery Mineral 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.

Battery Mineral Resources (TSXV:BMR) 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.

Battery Mineral Resources Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Battery Mineral Resources Corp (TSXV:BMR) » Definitions » Retained Earnings

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BTRMF:USA

Address

1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.bmrcorp.com

Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The Company operates in three segments, one segment being the acquisition and exploration of exploration and evaluations assets located in Canada, the United States, Chile, and South Korea and the second segment for the operations of ESI, located in Canada and the United States and the third segment being the corporate head office located in Canada.

Executives