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VTMLF (Critica) Retained Earnings : $-80.39 Mil (As of Dec. 2024)


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What is Critica Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Critica's retained earnings for the quarter that ended in Dec. 2024 was $-80.39 Mil.

Critica's quarterly retained earnings declined from Dec. 2023 ($-81.36 Mil) to Jun. 2024 ($-83.25 Mil) but then increased from Jun. 2024 ($-83.25 Mil) to Dec. 2024 ($-80.39 Mil).

Critica's annual retained earnings declined from Jun. 2022 ($-77.26 Mil) to Jun. 2023 ($-79.90 Mil) and declined from Jun. 2023 ($-79.90 Mil) to Jun. 2024 ($-83.25 Mil).


Critica Retained Earnings Historical Data

The historical data trend for Critica'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.

Critica Retained Earnings Chart

Critica Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.51 -70.48 -77.26 -79.90 -83.25

Critica Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -78.03 -79.90 -81.36 -83.25 -80.39

Critica 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.


Critica  (OTCPK:VTMLF) 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.


Critica Business Description

Traded in Other Exchanges
Address
16 Altona Street, Level 2, West Perth, Perth, WA, AUS, 6005
Critica Ltd is dedicated to discovering and developing critical mineral deposits to feed global demand for the minerals that are vital to modern technology and the green energy transition. The company is advancing Jupiter and the Brothers Project, which is strategically located in a mining precinct in Western Australia. Discovered in late 2023, the clay-hosted, rare-earth project is just 250Km east of the port at Geraldton. It boasts high grades of total rare earth oxides combined with an incredibly low prevalence of thorium and uranium across the significant area of the discovery.

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