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Pathfinder Ventures (TSXV:RV) Retained Earnings : C$-9.41 Mil (As of Sep. 2024)


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What is Pathfinder Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pathfinder Ventures's retained earnings for the quarter that ended in Sep. 2024 was C$-9.41 Mil.

Pathfinder Ventures's quarterly retained earnings declined from Mar. 2024 (C$-8.92 Mil) to Jun. 2024 (C$-9.48 Mil) but then increased from Jun. 2024 (C$-9.48 Mil) to Sep. 2024 (C$-9.41 Mil).

Pathfinder Ventures's annual retained earnings declined from Dec. 2021 (C$-4.04 Mil) to Dec. 2022 (C$-6.07 Mil) and declined from Dec. 2022 (C$-6.07 Mil) to Dec. 2023 (C$-8.14 Mil).


Pathfinder Ventures Retained Earnings Historical Data

The historical data trend for Pathfinder Ventures'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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Pathfinder Ventures Retained Earnings Chart

Pathfinder Ventures Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-0.67 -4.04 -6.07 -8.14

Pathfinder Ventures Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -7.38 -8.14 -8.92 -9.48 -9.41

Pathfinder Ventures 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.


Pathfinder Ventures  (TSXV:RV) 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.


Pathfinder Ventures Business Description

Traded in Other Exchanges
Address
9451 Glover Road, PO Box 610, Fort Langley, BC, CAN, V1M 2R9
Pathfinder Ventures Inc develops a network of branded, upscale, and family-friendly RV parks and campgrounds under the Pathfinder Camp-Resorts name. It has three camp resorts located in B.C. and is focused on growing its network through both acquisitions and new construction.
Executives
Leonard William Brownlie Director
Joseph Bleackley Director, Senior Officer
Mark Joseph Accardi Director
Stan Duckworth Director

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