Transatlantic Mining (TSXV:TCO) Retained Earnings : C$-26.21 Mil (As of Dec. 2023)

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What is Transatlantic Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Transatlantic Mining's retained earnings for the quarter that ended in Dec. 2023 was C$-26.21 Mil.

Transatlantic Mining's quarterly retained earnings declined from Mar. 2023 (C$-25.81 Mil) to Sep. 2023 (C$-26.58 Mil) but then increased from Sep. 2023 (C$-26.58 Mil) to Dec. 2023 (C$-26.21 Mil).

Transatlantic Mining's annual retained earnings declined from Dec. 2021 (C$-21.71 Mil) to Dec. 2022 (C$-25.41 Mil) and declined from Dec. 2022 (C$-25.41 Mil) to Dec. 2023 (C$-26.21 Mil).

Transatlantic Mining Retained Earnings Historical Data

The historical data trend for Transatlantic 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.

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Transatlantic Mining Retained Earnings Chart

Transatlantic Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-26.80

-20.06

-21.71

-25.41

-26.21

Transatlantic Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-24.45	-25.41	-25.81	-26.58	-26.21

Transatlantic 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.

Transatlantic Mining (TSXV:TCO) 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.

Transatlantic Mining (TSXV:TCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Transatlantic Mining Corp (TSXV:TCO) » Definitions » Retained Earnings

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TRRGF:USA TMSA:Germany

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

http://www.transatlanticminingcorp.com

Transatlantic Mining Corp is a junior mineral exploration company. The company is engaged in the acquisition and exploration of mineral property interests. Some of the key properties of the company are the Golden Jubilee Project, Monitor Property and St. Lawrence Property. one reportable operating segment, which is the acquisition, exploration, and disposition of interests in mineral properties. The geographical segment of the company is the United States of America.

Executives