BQE Water (TSXV:BQE) Retained Earnings : C$-54.11 Mil (As of Sep. 2023)

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What is BQE Water Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BQE Water's retained earnings for the quarter that ended in Sep. 2023 was C$-54.11 Mil.

BQE Water's quarterly retained earnings increased from Mar. 2023 (C$-56.86 Mil) to Jun. 2023 (C$-56.24 Mil) and increased from Jun. 2023 (C$-56.24 Mil) to Sep. 2023 (C$-54.11 Mil).

BQE Water's annual retained earnings increased from Dec. 2020 (C$-60.31 Mil) to Dec. 2021 (C$-57.68 Mil) and increased from Dec. 2021 (C$-57.68 Mil) to Dec. 2022 (C$-56.52 Mil).

BQE Water Retained Earnings Historical Data

The historical data trend for BQE Water'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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BQE Water Retained Earnings Chart

BQE Water Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-61.72

-61.48

-60.31

-57.68

-56.52

BQE Water Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-56.27	-56.52	-56.86	-56.24	-54.11

BQE Water 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.

BQE Water (TSXV:BQE) 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.

BQE Water (TSXV:BQE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » BQE Water Inc (TSXV:BQE) » Definitions » Retained Earnings

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BTQNF:USA UL5A:Germany

Address

900 Howe Street, Suite 250, Vancouver, BC, CAN, V6Z 2M4

Website

https://www.bqewater.com

BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. It has one operating segment, principally being an integrated water management services and treatment solutions provider.

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