Monarca Minerals (TSXV:MMN) Retained Earnings : C$-33.86 Mil (As of May. 2024)

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What is Monarca Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Monarca Minerals's retained earnings for the quarter that ended in May. 2024 was C$-33.86 Mil.

Monarca Minerals's quarterly retained earnings declined from Nov. 2023 (C$-33.47 Mil) to Feb. 2024 (C$-33.69 Mil) and declined from Feb. 2024 (C$-33.69 Mil) to May. 2024 (C$-33.86 Mil).

Monarca Minerals's annual retained earnings declined from Nov. 2021 (C$-32.76 Mil) to Nov. 2022 (C$-33.62 Mil) but then increased from Nov. 2022 (C$-33.62 Mil) to Nov. 2023 (C$-33.47 Mil).

Monarca Minerals Retained Earnings Historical Data

The historical data trend for Monarca Minerals'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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Monarca Minerals Retained Earnings Chart

Monarca Minerals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Retained Earnings

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-30.07

-30.10

-32.76

-33.62

-33.47

Monarca Minerals Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Retained Earnings	Get a 7-Day Free Trial															-33.99	-33.22	-33.47	-33.69	-33.86

Monarca Minerals 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.

Monarca Minerals (TSXV:MMN) 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.

Monarca Minerals Business Description

Industry

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Address

18 King Street East Street, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.monarcaminerals.com

Monarca Minerals Inc is in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. Its project portfolio includes Tejamen, San Lucas, San Jose, and El Sol. The primary focus of new work at Tejamen consists of follow-up core drilling. Outcrop sampling identified two parallel gold-silver zones, known as the El Doctor zone (Noche Buena). Several small mines exist on the El Sol concession. It is a historical mining area since the 1600s and is in the Avino Mining District.

Executives

Carlos Enrique Espinosa Jove

Director

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