GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cassius Ventures Ltd (TSXV:CZ.H) » Definitions » Retained Earnings

Cassius Ventures (TSXV:CZ.H) Retained Earnings : C$-6.75 Mil (As of Jan. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Cassius Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cassius Ventures's retained earnings for the quarter that ended in Jan. 2024 was C$-6.75 Mil.

Cassius Ventures's quarterly retained earnings declined from Jul. 2023 (C$-6.70 Mil) to Oct. 2023 (C$-6.73 Mil) and declined from Oct. 2023 (C$-6.73 Mil) to Jan. 2024 (C$-6.75 Mil).

Cassius Ventures's annual retained earnings declined from Oct. 2021 (C$-6.61 Mil) to Oct. 2022 (C$-6.65 Mil) and declined from Oct. 2022 (C$-6.65 Mil) to Oct. 2023 (C$-6.73 Mil).


Cassius Ventures Retained Earnings Historical Data

The historical data trend for Cassius Ventures'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.

Cassius Ventures Retained Earnings Chart

Cassius Ventures Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.53 -6.56 -6.61 -6.65 -6.73

Cassius Ventures Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -6.66 -6.69 -6.70 -6.73 -6.75

Cassius Ventures 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.


Cassius Ventures  (TSXV:CZ.H) 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.


Cassius Ventures (TSXV:CZ.H) Business Description

Traded in Other Exchanges
N/A
Address
595 Burrard Street, Suite 3083, Vancouver, BC, CAN, V7X 1L3
Cassius Ventures Ltd is a Canada-based company. The company is an exploration-stage company focused on acquiring exploration and/or development-stage mineral properties for the purposes of further exploration and development.

Cassius Ventures (TSXV:CZ.H) Headlines

No Headlines