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Rogue Resources (TSXV:RRS) Retained Earnings : C$-59.66 Mil (As of Jan. 2024)


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What is Rogue Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rogue Resources's retained earnings for the quarter that ended in Jan. 2024 was C$-59.66 Mil.

Rogue Resources's quarterly retained earnings declined from Jul. 2023 (C$-58.71 Mil) to Oct. 2023 (C$-59.53 Mil) and declined from Oct. 2023 (C$-59.53 Mil) to Jan. 2024 (C$-59.66 Mil).

Rogue Resources's annual retained earnings declined from Apr. 2021 (C$-48.68 Mil) to Apr. 2022 (C$-58.46 Mil) and declined from Apr. 2022 (C$-58.46 Mil) to Apr. 2023 (C$-58.52 Mil).


Rogue Resources Retained Earnings Historical Data

The historical data trend for Rogue Resources'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.

* Premium members only.

Rogue Resources Retained Earnings Chart

Rogue Resources Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.05 -49.79 -48.68 -58.46 -58.52

Rogue Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.83 -58.52 -58.71 -59.53 -59.66

Rogue Resources 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.


Rogue Resources  (TSXV:RRS) 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.


Rogue Resources (TSXV:RRS) Business Description

Traded in Other Exchanges
Address
150 King Street W., Toronto, ON, CAN, M5H 1J9
Rogue Resources Inc is an exploration-stage mining company. It is engaged in the business of exploring silica, nickel, and iron ore in Quebec and Ontario. The company's projects include Snow White Project, Silicon Ridge Project, Radio Hill project, and Langmuir project. Its Snow White Project is located northwest of the town of Massey. The Silicon Ridge Project is in the northeast of Quebec City. Its Radio Hill property is on the southwest of Timmins, Ontario. The Langmuir project is in the south of South Porcupine, Ontario.

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