Peruvian Metals (TSXV:PER) Retained Earnings : C$-53.44 Mil (As of Sep. 2024)

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What is Peruvian Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Peruvian Metals's retained earnings for the quarter that ended in Sep. 2024 was C$-53.44 Mil.

Peruvian Metals's quarterly retained earnings declined from Mar. 2024 (C$-52.93 Mil) to Jun. 2024 (C$-53.21 Mil) and declined from Jun. 2024 (C$-53.21 Mil) to Sep. 2024 (C$-53.44 Mil).

Peruvian Metals's annual retained earnings declined from Dec. 2021 (C$-52.42 Mil) to Dec. 2022 (C$-52.74 Mil) and declined from Dec. 2022 (C$-52.74 Mil) to Mar. 2024 (C$-52.93 Mil).

Peruvian Metals Retained Earnings Historical Data

The historical data trend for Peruvian 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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Peruvian Metals Retained Earnings Chart

Peruvian Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Mar24

Retained Earnings

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-52.00

-51.36

-52.42

-52.74

-52.93

Peruvian Metals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-52.69	-52.80	-52.93	-53.21	-53.44

Peruvian 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.

Peruvian Metals (TSXV:PER) 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.

Peruvian Metals Business Description

Industry

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

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DUVNF:USA 6D71:Germany

Address

250 South Ridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9

Website

https://www.peruvianmetals.com

Peruvian Metals Corp is a mineral exploration company. It is engaged in the exploration and development of mineral properties. Geographically, it has two segments namely Peru and Canada. Its projects include Palta Dorada, Minas Visca, and others.

Executives

Jeffrey Reeder	Director
William Richard Brown	10% Security Holder
Tartisan Nickel Corp.	10% Security Holder
Steven Samuel Brunelle	Director
Douglas Melville Flett	Director or Senior Officer of 10% Security Holder
D. Mark Appleby	Director or Senior Officer of 10% Security Holder
Daniel Hamilton	Director
Justin Bourassa	Senior Officer

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