Gold and GemStone Mining (Gold and GemStone Mining) Retained Earnings : $-0.59 Mil (As of Oct. 2014)

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What is Gold and GemStone Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gold and GemStone Mining's retained earnings for the quarter that ended in Oct. 2014 was $-0.59 Mil.

Gold and GemStone Mining's quarterly retained earnings increased from Apr. 2014 ($-0.59 Mil) to Jul. 2014 ($-0.00 Mil) but then declined from Jul. 2014 ($-0.00 Mil) to Oct. 2014 ($-0.59 Mil).

Gold and GemStone Mining's annual retained earnings declined from Jan. 2010 ($-0.01 Mil) to Jan. 2011 ($-0.03 Mil) and declined from Jan. 2011 ($-0.03 Mil) to Jan. 2012 ($-0.05 Mil).

Gold and GemStone Mining Retained Earnings Historical Data

The historical data trend for Gold and GemStone Mining'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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Gold and GemStone Mining Retained Earnings Chart

Gold and GemStone Mining Annual Data

Trend

Jan10

Jan11

Jan12

Retained Earnings

-0.01

-0.03

-0.05

Gold and GemStone Mining Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Apr14	Jul14	Oct14
Retained Earnings	Get a 7-Day Free Trial														-0.53	-0.74	-0.59	-	-0.59

Gold and GemStone Mining 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.

Gold and GemStone Mining (OTCPK:GGSM) 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.

Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.