Kincora Copper (TSXV:KCC) Retained Earnings : C$-190.39 Mil (As of Dec. 2024)

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What is Kincora Copper Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kincora Copper's retained earnings for the quarter that ended in Dec. 2024 was C$-190.39 Mil.

Kincora Copper's quarterly retained earnings declined from Jun. 2024 (C$-189.31 Mil) to Sep. 2024 (C$-189.58 Mil) and declined from Sep. 2024 (C$-189.58 Mil) to Dec. 2024 (C$-190.39 Mil).

Kincora Copper's annual retained earnings declined from Dec. 2022 (C$-186.38 Mil) to Dec. 2023 (C$-187.84 Mil) and declined from Dec. 2023 (C$-187.84 Mil) to Dec. 2024 (C$-190.39 Mil).

Kincora Copper Retained Earnings Historical Data

The historical data trend for Kincora Copper'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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Kincora Copper Retained Earnings Chart

Kincora Copper Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-161.83

-184.41

-186.38

-187.84

-190.39

Kincora Copper Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															-187.84	-188.19	-189.31	-189.58	-190.39

Kincora Copper 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.

Kincora Copper (TSXV:KCC) 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.

Kincora Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kincora Copper Ltd (TSXV:KCC) » Definitions » Retained Earnings

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BZDLF:USA KCC:Australia

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

https://www.kincoracopper.com

Kincora Copper Ltd is a mineral exploration company. The company is engaged in the acquisition and exploration of exploration and evaluation assets in Mongolia. It operates in Kincora's dominant position between and on strike from the two existing copper mines in the Southern Gobi. It operates in two operating segments which are the Acquisition of and Exploration for Exploration and Evaluation Assets in Mongolia and Australia. Its projects are the Trundle project, Fairholme project, Jemalong project, Northern Junee - Narromine belt, Wongarbon project, Cundumbul project, Condobolin project, Southern Gobi belt, and Lachilan fold.

Executives

Big Ben Holdings Pty Limited	10% Security Holder
John Holliday	Director

Kincora Copper Headlines

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Kincora Copper (KCC) Expands Australian Exploration JV with AngloGold Ashanti

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