Cascade Copper (FRA:91O) Retained Earnings : €-0.53 Mil (As of Dec. 2023)

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What is Cascade Copper Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cascade Copper's retained earnings for the quarter that ended in Dec. 2023 was €-0.53 Mil.

Cascade Copper's quarterly retained earnings declined from Jun. 2023 (€-0.41 Mil) to Sep. 2023 (€-0.48 Mil) and declined from Sep. 2023 (€-0.48 Mil) to Dec. 2023 (€-0.53 Mil).

Cascade Copper's annual retained earnings declined from Dec. 2021 (€-0.12 Mil) to Dec. 2022 (€-0.29 Mil) and declined from Dec. 2022 (€-0.29 Mil) to Dec. 2023 (€-0.53 Mil).

Cascade Copper Retained Earnings Historical Data

The historical data trend for Cascade 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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Cascade Copper Retained Earnings Chart

Cascade Copper Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-0.12

-0.29

-0.53

Cascade Copper Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial						-0.29	-0.29	-0.41	-0.48	-0.53

Cascade 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.

Cascade Copper (FRA:91O) 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.

Cascade Copper (FRA:91O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cascade Copper Corp (FRA:91O) » Definitions » Retained Earnings

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CASC:Canada

Address

1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

https://www.cascadecopper.com

Cascade Copper Corp is a natural resource company. The group is engaged primarily in the evaluation, acquisition, exploration, and development of mineral properties in the natural resource sector. The group's projects include Rogers Creek Property, Bendor Project, and the Fire Mountain Project.

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