Baden Resources (XCNQ:BDN) Retained Earnings : C$-0.71 Mil (As of Sep. 2022)

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What is Baden Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Baden Resources's retained earnings for the quarter that ended in Sep. 2022 was C$-0.71 Mil.

Baden Resources's quarterly retained earnings declined from Mar. 2022 (C$-0.32 Mil) to Jun. 2022 (C$-0.65 Mil) and declined from Jun. 2022 (C$-0.65 Mil) to Sep. 2022 (C$-0.71 Mil).

Baden Resources's annual retained earnings declined from Jun. 2020 (C$-0.05 Mil) to Jun. 2021 (C$-0.24 Mil) and declined from Jun. 2021 (C$-0.24 Mil) to Jun. 2022 (C$-0.65 Mil).

Baden Resources Retained Earnings Historical Data

The historical data trend for Baden Resources'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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Baden Resources Retained Earnings Chart

Baden Resources Annual Data

Trend

Jun20

Jun21

Jun22

Retained Earnings

-0.05

-0.24

-0.65

Baden Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Retained Earnings	Get a 7-Day Free Trial						-0.27	-0.30	-0.32	-0.65	-0.71

Baden Resources 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.

Baden Resources (XCNQ:BDN) 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.

Baden Resources (XCNQ:BDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baden Resources Inc (XCNQ:BDN) » Definitions » Retained Earnings

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Address

905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6

Website

Baden Resources Inc is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties in British Columbia. Its Midway Property is located in southern British Columbia between the towns of Midway, BC and Rock Creek, BC.