CMP Mining (XCNQ:CMP) Retained Earnings : C$-0.74 Mil (As of Feb. 2025)

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What is CMP Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CMP Mining's retained earnings for the quarter that ended in Feb. 2025 was C$-0.74 Mil.

CMP Mining's quarterly retained earnings declined from Aug. 2024 (C$-0.68 Mil) to Nov. 2024 (C$-0.69 Mil) and declined from Nov. 2024 (C$-0.69 Mil) to Feb. 2025 (C$-0.74 Mil).

CMP Mining's annual retained earnings declined from May. 2022 (C$-0.26 Mil) to May. 2023 (C$-0.57 Mil) and declined from May. 2023 (C$-0.57 Mil) to May. 2024 (C$-0.65 Mil).

CMP Mining Retained Earnings Historical Data

The historical data trend for CMP 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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CMP Mining Retained Earnings Chart

CMP Mining Annual Data

Trend

May22

May23

May24

Retained Earnings

-0.26

-0.57

-0.65

CMP Mining Quarterly Data
	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Retained Earnings	Get a 7-Day Free Trial									-0.63	-0.65	-0.68	-0.69	-0.74

CMP 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.

CMP Mining (XCNQ:CMP) 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.

CMP Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CMP Mining Inc (XCNQ:CMP) » Definitions » Retained Earnings

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Address

200 Granville Street, Suite 2820, Vancouver, BC, CAN, V6C 1S4

Website

CMP Mining Inc engages in the acquisition and exploration of mineral resource properties. The company's operating segments are its exploration and evaluation assets and expenditures which are incurred in Canada.