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Northern Lights Resources (XCNQ:NLR) Retained Earnings : C$-9.58 Mil (As of Jan. 2025)


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What is Northern Lights Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northern Lights Resources's retained earnings for the quarter that ended in Jan. 2025 was C$-9.58 Mil.

Northern Lights Resources's quarterly retained earnings declined from Jul. 2024 (C$-9.17 Mil) to Oct. 2024 (C$-9.23 Mil) and declined from Oct. 2024 (C$-9.23 Mil) to Jan. 2025 (C$-9.58 Mil).

Northern Lights Resources's annual retained earnings declined from Apr. 2022 (C$-7.86 Mil) to Apr. 2023 (C$-8.03 Mil) and declined from Apr. 2023 (C$-8.03 Mil) to Apr. 2024 (C$-9.00 Mil).


Northern Lights Resources Retained Earnings Historical Data

The historical data trend for Northern Lights 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.

* Premium members only.

Northern Lights Resources Retained Earnings Chart

Northern Lights Resources Annual Data
Trend Apr12 Apr13 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.78 -6.70 -7.86 -8.03 -9.00

Northern Lights Resources Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -8.80 -9.00 -9.17 -9.23 -9.58

Northern Lights 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.


Northern Lights Resources  (XCNQ:NLR) 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.


Northern Lights Resources Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Northern Lights Resources Corp is an exploration and development company. Its principal business activities include acquiring and exploring resource properties. The company owns the Secret Pass Gold Project in Arizona, United States.
Executives
Albert Richard Timcke Director, Senior Officer
Jason Bahnsen Director, Senior Officer
Kerem Akbas 10% Security Holder
Graham Keevil Director

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