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Starr Peak Mining (TSXV:STE) Retained Earnings : C$-43.23 Mil (As of Jan. 2025)


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What is Starr Peak Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Starr Peak Mining's retained earnings for the quarter that ended in Jan. 2025 was C$-43.23 Mil.

Starr Peak Mining's quarterly retained earnings declined from Jul. 2024 (C$-42.88 Mil) to Oct. 2024 (C$-42.98 Mil) and declined from Oct. 2024 (C$-42.98 Mil) to Jan. 2025 (C$-43.23 Mil).

Starr Peak Mining's annual retained earnings declined from Jul. 2022 (C$-36.95 Mil) to Jul. 2023 (C$-38.67 Mil) and declined from Jul. 2023 (C$-38.67 Mil) to Jul. 2024 (C$-42.88 Mil).


Starr Peak Mining Retained Earnings Historical Data

The historical data trend for Starr Peak Mining'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.

Starr Peak Mining Retained Earnings Chart

Starr Peak Mining Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.71 -24.07 -36.95 -38.67 -42.88

Starr Peak Mining Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -39.26 -39.69 -42.88 -42.98 -43.23

Starr Peak Mining 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.


Starr Peak Mining  (TSXV:STE) 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.


Starr Peak Mining Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Starr Peak Mining Ltd is an exploration-stage junior mining company. It is engaged in the identification, acquisition, and exploration of mineral properties. It holds an interest in Normetal Property, and Rousseau and Turgeon Lake Gold properties. The business has one reportable operating segment being the acquisition and exploration of mineral properties within Canada.
Executives
Cyrus Driver Director, Senior Officer
Yves Rougerie Senior Officer