Andean Silver (ASX:ASL) Retained Earnings : A$-5.33 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Andean Silver Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Andean Silver's retained earnings for the quarter that ended in Dec. 2023 was A$-5.33 Mil.

Andean Silver's quarterly retained earnings declined from Dec. 2022 (A$-1.23 Mil) to Jun. 2023 (A$-2.41 Mil) and declined from Jun. 2023 (A$-2.41 Mil) to Dec. 2023 (A$-5.33 Mil).

Andean Silver's annual retained earnings increased from . 20 (A$0.00 Mil) to Jun. 2022 (A$-0.75 Mil) but then declined from Jun. 2022 (A$-0.75 Mil) to Jun. 2023 (A$-2.41 Mil).

Andean Silver Retained Earnings Historical Data

The historical data trend for Andean Silver'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.

Andean Silver Retained Earnings Chart

Andean Silver Annual Data

Trend

Jun22

Jun23

Jun24

Retained Earnings

-0.75

-2.41

-12.54

Andean Silver Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial			-0.75	-1.23	-2.41	-5.33	-12.54

Andean Silver 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.

Andean Silver (ASX:ASL) 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.

Andean Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Silver Ltd (ASX:ASL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Richardson Street, Level 2, West Perth, Perth, VIC, AUS, 6005

Website

https://www.andeansilver.com

Andean Silver Ltd is a mining company. Its project include Cerro Bayo Silver-Gold Project and Araluen Project.

Andean Silver Headlines

No Headlines