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Sendero Resources (TSXV:SEND) Retained Earnings : C$-11.14 Mil (As of Jan. 2025)


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What is Sendero Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sendero Resources's retained earnings for the quarter that ended in Jan. 2025 was C$-11.14 Mil.

Sendero Resources's quarterly retained earnings declined from Jul. 2024 (C$-10.72 Mil) to Oct. 2024 (C$-10.95 Mil) and declined from Oct. 2024 (C$-10.95 Mil) to Jan. 2025 (C$-11.14 Mil).

Sendero Resources's annual retained earnings declined from Jul. 2022 (C$-0.06 Mil) to Jul. 2023 (C$-1.57 Mil) and declined from Jul. 2023 (C$-1.57 Mil) to Jul. 2024 (C$-10.72 Mil).


Sendero Resources Retained Earnings Historical Data

The historical data trend for Sendero 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.

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Sendero Resources Retained Earnings Chart

Sendero Resources Annual Data
Trend Jul22 Jul23 Jul24
Retained Earnings
-0.06 -1.57 -10.72

Sendero Resources Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.45 -9.31 -10.72 -10.95 -11.14

Sendero 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.


Sendero Resources  (TSXV:SEND) 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.


Sendero Resources Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3
Sendero Resources Corp is a Dynamic exploration company whose only business is the identification of resource properties for exploration and development and its principal asset is its interest in the Penas Negras Property located in north western Argentina in the General La Madrid department in the province of La Rioja.
Executives
Jeremy Gillis 10% Security Holder
Raymond David Harari Benaim 10% Security Holder
Zachary Goldenberg 10% Security Holder
Michael Andrew James Wood Director, Senior Officer