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Cymat Technologies (TSXV:CYM) Retained Earnings : C$-98.79 Mil (As of Oct. 2024)


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What is Cymat Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cymat Technologies's retained earnings for the quarter that ended in Oct. 2024 was C$-98.79 Mil.

Cymat Technologies's quarterly retained earnings declined from Apr. 2024 (C$-97.30 Mil) to Jul. 2024 (C$-97.84 Mil) and declined from Jul. 2024 (C$-97.84 Mil) to Oct. 2024 (C$-98.79 Mil).

Cymat Technologies's annual retained earnings declined from Apr. 2022 (C$-86.99 Mil) to Apr. 2023 (C$-93.03 Mil) and declined from Apr. 2023 (C$-93.03 Mil) to Apr. 2024 (C$-97.30 Mil).


Cymat Technologies Retained Earnings Historical Data

The historical data trend for Cymat Technologies'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.

Cymat Technologies Retained Earnings Chart

Cymat Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.70 -82.24 -86.99 -93.03 -97.30

Cymat Technologies Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -95.44 -96.50 -97.30 -97.84 -98.79

Cymat Technologies 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.


Cymat Technologies  (TSXV:CYM) 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.


Cymat Technologies Business Description

Traded in Other Exchanges
Address
6320 Danville Road, Unit 2, Mississauga, ON, CAN, L5T 2L7
Cymat Technologies Ltd is a manufacturing company, which holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a proprietary process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into lightweight panels and shapes. The firm is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. Its products are used in the automotive and industrial markets.
Executives
Harold James Johnson Senior Officer
Angie Deyannis Senior Officer
Horace Shepard Boone 10% Security Holder
Martin Joseph Mazza Director

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