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Super Copper (XCNQ:CUPR) Retained Earnings : C$-1.92 Mil (As of Nov. 2024)


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What is Super Copper Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Super Copper's retained earnings for the quarter that ended in Nov. 2024 was C$-1.92 Mil.

Super Copper's quarterly retained earnings declined from May. 2024 (C$-0.60 Mil) to Aug. 2024 (C$-0.89 Mil) and declined from Aug. 2024 (C$-0.89 Mil) to Nov. 2024 (C$-1.92 Mil).

Super Copper's annual retained earnings increased from . 20 (C$0.00 Mil) to Feb. 2023 (C$-0.22 Mil) but then declined from Feb. 2023 (C$-0.22 Mil) to Feb. 2024 (C$-0.43 Mil).

Super Copper Retained Earnings Historical Data

The historical data trend for Super Copper'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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Super Copper Retained Earnings Chart

Super Copper Annual Data
Trend Feb23 Feb24
Retained Earnings
-0.22 -0.43

Super Copper Quarterly Data
Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Retained Earnings Get a 7-Day Free Trial - -0.43 -0.60 -0.89 -1.92

Super Copper 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.

Super Copper  (XCNQ:CUPR) 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.

Super Copper Business Description

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Traded in Other Exchanges
N60:Germany
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Website
https://www.supercopper.com
Super Copper Corp is a mineral exploration company engaged in the acquisition, exploration, and evaluation of resource properties.
Executives
Dymala-dolesky Zachary Director