Standard Lithium (LTS:0VIK) Retained Earnings : C$-1.26 Mil (As of Jun. 2024)

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What is Standard Lithium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Standard Lithium's retained earnings for the quarter that ended in Jun. 2024 was C$-1.26 Mil.

Standard Lithium's quarterly retained earnings declined from Dec. 2023 (C$-168.64 Mil) to Mar. 2024 (C$-179.00 Mil) but then increased from Mar. 2024 (C$-179.00 Mil) to Jun. 2024 (C$-1.26 Mil).

Standard Lithium's annual retained earnings declined from Jun. 2022 (C$-106.72 Mil) to Jun. 2023 (C$-148.71 Mil) but then increased from Jun. 2023 (C$-148.71 Mil) to Jun. 2024 (C$-1.26 Mil).

Standard Lithium Retained Earnings Historical Data

The historical data trend for Standard Lithium'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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Standard Lithium Retained Earnings Chart

Standard Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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-43.18

-68.62

-106.72

-148.71

-1.26

Standard Lithium Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															-148.71	-158.44	-168.64	-179.00	-1.26

Standard Lithium 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.

Standard Lithium (LTS:0VIK) 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.

Standard Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Standard Lithium Corp (LTS:0VIK) » Definitions » Retained Earnings

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Address

1075 West Georgia Street, Suite 1625, Vancouver, BC, CAN, V6E 3C9

Website

https://www.standardlithium.com

Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.

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