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Lion Selection Group (ASX:LSX) Retained Earnings : A$-31.39 Mil (As of Jan. 2023)


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What is Lion Selection Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lion Selection Group's retained earnings for the quarter that ended in Jan. 2023 was A$-31.39 Mil.

Lion Selection Group's quarterly retained earnings declined from Jan. 2022 (A$-24.24 Mil) to Jul. 2022 (A$-29.81 Mil) and declined from Jul. 2022 (A$-29.81 Mil) to Jan. 2023 (A$-31.39 Mil).

Lion Selection Group's annual retained earnings increased from Jul. 2019 (A$-57.59 Mil) to Jul. 2020 (A$-27.72 Mil) but then declined from Jul. 2020 (A$-27.72 Mil) to Jul. 2021 (A$-33.59 Mil).


Lion Selection Group Retained Earnings Historical Data

The historical data trend for Lion Selection Group'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.

Lion Selection Group Retained Earnings Chart

Lion Selection Group Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -69.44 -81.24 -57.59 -27.72 -33.59

Lion Selection Group Semi-Annual Data
Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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 -35.22 -33.59 -24.24 -29.81 -31.39

Lion Selection Group 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.


Lion Selection Group  (ASX:LSX) 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.


Lion Selection Group (ASX:LSX) Business Description

Traded in Other Exchanges
N/A
Address
175 Flinders Street, Level 2, Melbourne, VIC, AUS, 3000
Lion Selection Group Ltd is a mining investment company. The company invests in junior resource companies providing venture capital to carefully selected mining and exploration companies with outstanding management and development projects. Lion invests only in mining and exploration companies and projects with gold and base metal activities in Australia, Africa, Asia, and the Americas. Its project includes Pani Gold Project.

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