Northwest Copper (TSXV:NWST) Retained Earnings : C$-89.03 Mil (As of Jun. 2024)

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What is Northwest Copper Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northwest Copper's retained earnings for the quarter that ended in Jun. 2024 was C$-89.03 Mil.

Northwest Copper's quarterly retained earnings declined from Dec. 2023 (C$-87.62 Mil) to Mar. 2024 (C$-88.25 Mil) and declined from Mar. 2024 (C$-88.25 Mil) to Jun. 2024 (C$-89.03 Mil).

Northwest Copper's annual retained earnings declined from Feb. 2021 (C$-42.48 Mil) to Dec. 2022 (C$-80.24 Mil) and declined from Dec. 2022 (C$-80.24 Mil) to Dec. 2023 (C$-87.62 Mil).

Northwest Copper Retained Earnings Historical Data

The historical data trend for Northwest 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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Northwest Copper Retained Earnings Chart

Northwest Copper Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Dec22

Dec23

Retained Earnings

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-31.02

-40.36

-42.48

-80.24

-87.62

Northwest Copper Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-83.88	-86.11	-87.62	-88.25	-89.03

Northwest 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.

Northwest Copper (TSXV:NWST) 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.

Northwest Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northwest Copper Corp (TSXV:NWST) » Definitions » Retained Earnings

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NWCCF:USA 34S0:Germany

Address

1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9

Website

https://www.northwestcopper.ca

Northwest Copper Corp is a mineral exploration company. It explores copper gold with an exciting pipeline of projects in British Columbia. The company's project includes Kwanika/Stardust; Lorraine and Top Cat properties and East Niv. It has a single operating segment which is the mineral exploration business in Canada.

Executives

Tyler Eric Gurney Caswell

Senior Officer

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