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American Battery Technology Co (American Battery Technology Co) Retained Earnings : $-189.89 Mil (As of Mar. 2024)


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What is American Battery Technology Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. American Battery Technology Co's retained earnings for the quarter that ended in Mar. 2024 was $-189.89 Mil.

American Battery Technology Co's quarterly retained earnings declined from Sep. 2023 ($-167.21 Mil) to Dec. 2023 ($-176.50 Mil) and declined from Dec. 2023 ($-176.50 Mil) to Mar. 2024 ($-189.89 Mil).

American Battery Technology Co's annual retained earnings declined from Jun. 2021 ($-105.07 Mil) to Jun. 2022 ($-138.64 Mil) and declined from Jun. 2022 ($-138.64 Mil) to Jun. 2023 ($-159.97 Mil).


American Battery Technology Co Retained Earnings Historical Data

The historical data trend for American Battery Technology Co'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.

American Battery Technology Co Retained Earnings Chart

American Battery Technology Co Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.27 -49.89 -105.07 -138.64 -159.97

American Battery Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -152.88 -159.97 -167.21 -176.50 -189.89

American Battery Technology Co 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.


American Battery Technology Co  (NAS:ABAT) 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.


American Battery Technology Co (American Battery Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
100 Washington Street, Suite 100, Reno, NV, USA, 89503
American Battery Technology Co is engaged in lithium-ion battery recycling, battery metals and material extraction, and resource production. It is a battery metals company producing low-cost battery metals with a commitment to closed-loop, clean energy technologies.
Executives
Jesse Samuel Deutsch officer: Chief Financial Officer 269 BOOTH LN, HAVERFORD PA 19041
Fezell Donald Richard Jr director PO BOX 2384, CARMEL CA 93921
Kimberly Ann Eckert officer: Chief Financial Officer 1560 W 37TH AVE, DENVER CO 80211
Elizabeth Ann Lowery director 275 DATE PALM RD #303, VERO BEACH FL 32963
Douglas Cole director, officer: CEO, CFO C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
Julia Blunden director 16765 EDGAR ST., PACIFIC PALISADES CA 90272
Sherif Marakby director 6061 FAIRBORN DR, CANTON MI 48187
Douglas Charles Maclellan director 11825 MAJOR STREET, CULVER CITY CA 90230
David Bruce Batstone director PO BOX 253, EL GRANADA CA 94018
Scott Jolcover officer: Chief Resource Officer PO BOX 1118, VIRGINIA CITY NV 89440
Meza Leal Andres Manuel officer: Chief Operating Officer 202 SEAVIEW STREET, #209, MANHATTAN BEACH CA 90266
John Hunter William director 930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
David Corsaut officer: Chief Financial Officer 22120 SERENATA CIRCLE, BOCA RATON FL 33433
Ryan Mitchell Melsert director, officer: Chief Technology Officer 255 N SIERRA ST, UNIT 1512, RENO NV 89501
Michael Thomas Mason director, officer: Chief Executive Officer 142 STRATFORD AVE, GARDEN CITY NY 11530

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