Fuerte Metals (TSXV:FMT) Retained Earnings : C$-30.77 Mil (As of Dec. 2024)

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What is Fuerte Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fuerte Metals's retained earnings for the quarter that ended in Dec. 2024 was C$-30.77 Mil.

Fuerte Metals's quarterly retained earnings declined from Jun. 2024 (C$-28.04 Mil) to Sep. 2024 (C$-29.07 Mil) and declined from Sep. 2024 (C$-29.07 Mil) to Dec. 2024 (C$-30.77 Mil).

Fuerte Metals's annual retained earnings declined from Dec. 2022 (C$-14.64 Mil) to Dec. 2023 (C$-16.93 Mil) and declined from Dec. 2023 (C$-16.93 Mil) to Dec. 2024 (C$-30.77 Mil).

Fuerte Metals Retained Earnings Historical Data

The historical data trend for Fuerte Metals'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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Fuerte Metals Retained Earnings Chart

Fuerte Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

-8.05

-10.01

-14.64

-16.93

-30.77

Fuerte Metals Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial					-16.10	-16.93	-28.04	-29.07	-30.77

Fuerte Metals 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.

Fuerte Metals (TSXV:FMT) 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.

Fuerte Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fuerte Metals Corp (TSXV:FMT) » Definitions » Retained Earnings

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Traded in Other Exchanges

FUEMF:USA

Address

625 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 2T6

Website

https://www.fuertemetals.com

Fuerte Metals Corp is a Vancouver-based resource company dentify, explore and evaluate mineral properties in Chile and elsewhere in the Americas. The Company holds mining concessions through its ownership of the El Cofre and Placeton projects in Chile. Its Placeton/Caballo Muerto copper project in Chile and the Christina and Yecora projects in Mexico.

Executives

Timothy Andrew Warman

Senior Officer

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