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Star Alliance International (Star Alliance International) Retained Earnings : $-26.52 Mil (As of Dec. 2023)


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What is Star Alliance International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Star Alliance International's retained earnings for the quarter that ended in Dec. 2023 was $-26.52 Mil.

Star Alliance International's quarterly retained earnings declined from Jun. 2023 ($-25.55 Mil) to Sep. 2023 ($-25.92 Mil) and declined from Sep. 2023 ($-25.92 Mil) to Dec. 2023 ($-26.52 Mil).

Star Alliance International's annual retained earnings declined from Jun. 2021 ($-3.17 Mil) to Jun. 2022 ($-15.06 Mil) and declined from Jun. 2022 ($-15.06 Mil) to Jun. 2023 ($-25.55 Mil).


Star Alliance International Retained Earnings Historical Data

The historical data trend for Star Alliance International'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.

Star Alliance International Retained Earnings Chart

Star Alliance International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 -2.67 -3.17 -15.06 -25.55

Star Alliance International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -24.62 -25.00 -25.55 -25.92 -26.52

Star Alliance International 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.


Star Alliance International  (OTCPK:STAL) 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.


Star Alliance International (Star Alliance International) Business Description

Traded in Other Exchanges
N/A
Address
2900 West Sahara Avenue, Suite 800, Las Vegas, NV, USA, 89102
Star Alliance International Corp is a United States-based holding company that invests in the mining business. Through its subsidiary, it is engaged in the acquisition and development of gold mining and other mineral mining properties. The company's project includes the Troy mine, Nigeria gold and lithium mining, and Magma International. companies subsidiary is Compania Minera metalurgica which is an acquired gold mining company. one of the projects is called the genesis system which helps to Gold Extraction System accelerate the rate of dissolution of gold to nearly an immediate rate.
Executives
Richard Carey other: majority shareholder 708 CAPITOL AVE., CHEYENNE WY 82007