VULNF (Vulcan Energy Resources) Retained Earnings : $-94.92 Mil (As of Jun. 2024)

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What is Vulcan Energy Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vulcan Energy Resources's retained earnings for the quarter that ended in Jun. 2024 was $-94.92 Mil.

Vulcan Energy Resources's quarterly retained earnings declined from Jun. 2023 ($-62.25 Mil) to Dec. 2023 ($-75.07 Mil) and declined from Dec. 2023 ($-75.07 Mil) to Jun. 2024 ($-94.92 Mil).

Vulcan Energy Resources's annual retained earnings declined from Jun. 2021 ($-11.73 Mil) to Jun. 2022 ($-30.04 Mil) and declined from Jun. 2022 ($-30.04 Mil) to Dec. 2023 ($-75.07 Mil).

Vulcan Energy Resources Retained Earnings Historical Data

The historical data trend for Vulcan Energy Resources'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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Vulcan Energy Resources Retained Earnings Chart

Vulcan Energy Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Dec23

Retained Earnings

-0.78

-3.21

-11.73

-30.04

-75.07

Vulcan Energy Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial							-30.04	-44.36	-62.25	-75.07	-94.92

Vulcan Energy Resources 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.

Vulcan Energy Resources (OTCPK:VULNF) 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.

Vulcan Energy Resources Business Description

Industry

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VUL:Germany VUL:Australia

Address

267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000

Website

https://v-er.eu

Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.