GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tertiary Minerals PLC (OTCPK:TTIRF) » Definitions » Retained Earnings

Tertiary Minerals (Tertiary Minerals) Retained Earnings : $-18.91 Mil (As of Sep. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Tertiary Minerals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tertiary Minerals's retained earnings for the quarter that ended in Sep. 2023 was $-18.91 Mil.

Tertiary Minerals's quarterly retained earnings declined from Sep. 2022 ($-16.73 Mil) to Mar. 2023 ($-18.22 Mil) and declined from Mar. 2023 ($-18.22 Mil) to Sep. 2023 ($-18.91 Mil).

Tertiary Minerals's annual retained earnings increased from Sep. 2021 ($-18.69 Mil) to Sep. 2022 ($-16.73 Mil) but then declined from Sep. 2022 ($-16.73 Mil) to Sep. 2023 ($-18.91 Mil).


Tertiary Minerals Retained Earnings Historical Data

The historical data trend for Tertiary Minerals'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.

Tertiary Minerals Retained Earnings Chart

Tertiary Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.28 -17.10 -18.69 -16.73 -18.91

Tertiary Minerals Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -18.69 -18.71 -16.73 -18.22 -18.91

Tertiary Minerals 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.


Tertiary Minerals  (OTCPK:TTIRF) 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.


Tertiary Minerals (Tertiary Minerals) Business Description

Traded in Other Exchanges
Address
Queens Avenue, Silk Point, Macclesfield, Cheshire, GBR, SK10 2BB
Tertiary Minerals PLC is involved in the identification, acquisition, exploration and development of mineral deposits including precious metals, base metals, and industrial minerals in Nevada, the USA, and Northern Europe. The company has one reporting segment, the management of exploration projects, which is supported by a Head Office function. Its projects include Konkola West Copper Project, Mukai Copper Project, Mushima North Copper Project, Jacks Copper Project, Lubuila Project, Mupala Project, Brunton Pass Copper-Gold Project, Storuman Fluorspar Project, Lassedalen Fluorspar Project.

Tertiary Minerals (Tertiary Minerals) Headlines

No Headlines