GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » enCore Energy Corp (TSXV:EU) » Definitions » Retained Earnings

enCore Energy (TSXV:EU) Retained Earnings : C$-95.59 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is enCore Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. enCore Energy's retained earnings for the quarter that ended in Dec. 2023 was C$-95.59 Mil.

enCore Energy's quarterly retained earnings increased from Jun. 2023 (C$-84.84 Mil) to Sep. 2023 (C$-73.82 Mil) but then declined from Sep. 2023 (C$-73.82 Mil) to Dec. 2023 (C$-95.59 Mil).

enCore Energy's annual retained earnings declined from Dec. 2021 (C$-41.41 Mil) to Dec. 2022 (C$-66.39 Mil) and declined from Dec. 2022 (C$-66.39 Mil) to Dec. 2023 (C$-95.59 Mil).


enCore Energy Retained Earnings Historical Data

The historical data trend for enCore Energy'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.

enCore Energy Retained Earnings Chart

enCore Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.30 -23.55 -41.41 -66.39 -95.59

enCore Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -66.39 -77.09 -84.84 -73.82 -95.59

enCore Energy 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.


enCore Energy  (TSXV:EU) 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.


enCore Energy (TSXV:EU) Business Description

Traded in Other Exchanges
Address
101 N. Shoreline Boulevard, Suite 450, Corpus Christi, TX, USA, 78401
enCore Energy Corp together with its subsidiary, is engaged in the acquisition and exploration of resource properties. The company holds the Marquez project in New Mexico as well as the dominant land position in Arizona with additional other properties in Utah and Wyoming. The firm also owns or has access to North American and global uranium data including the Union Carbide, us Smelting and Refining, UV Industries, and Rancher's Exploration databases in addition to a collection of geophysical data for the high-grade Northern Arizona Breccia Pipe District.