Shellron Capital (TSXV:SHLL.P) Retained Earnings : C$-0.61 Mil (As of Oct. 2024)

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What is Shellron Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shellron Capital's retained earnings for the quarter that ended in Oct. 2024 was C$-0.61 Mil.

Shellron Capital's quarterly retained earnings declined from Apr. 2024 (C$-0.58 Mil) to Jul. 2024 (C$-0.59 Mil) and declined from Jul. 2024 (C$-0.59 Mil) to Oct. 2024 (C$-0.61 Mil).

Shellron Capital's annual retained earnings declined from Apr. 2022 (C$-0.14 Mil) to Apr. 2023 (C$-0.47 Mil) and declined from Apr. 2023 (C$-0.47 Mil) to Apr. 2024 (C$-0.58 Mil).

Shellron Capital Retained Earnings Historical Data

The historical data trend for Shellron Capital'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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Shellron Capital Retained Earnings Chart

Shellron Capital Annual Data

Trend

Apr21

Apr22

Apr23

Apr24

Retained Earnings

-0.01

-0.14

-0.47

-0.58

Shellron Capital Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Retained Earnings	Get a 7-Day Free Trial											-0.52	-0.55	-0.58	-0.59	-0.61

Shellron Capital 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.

Shellron Capital (TSXV:SHLL.P) 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.

Shellron Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Shellron Capital Ltd (TSXV:SHLL.P) » Definitions » Retained Earnings

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Address

3082 Spencer Place, West Vancouver, BC, CAN, V7V 3C7

Website

http://www.shellron.com

Shellron Capital Ltd is a development stage company. The company proposes to identify and evaluate businesses and assets to complete a qualifying transaction.

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