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EMMRF (Emmerson Resources) Retained Earnings : $-39.13 Mil (As of Dec. 2023)


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What is Emmerson Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Emmerson Resources's retained earnings for the quarter that ended in Dec. 2023 was $-39.13 Mil.

Emmerson Resources's quarterly retained earnings declined from Dec. 2022 ($-26.25 Mil) to Jun. 2023 ($-37.96 Mil) and declined from Jun. 2023 ($-37.96 Mil) to Dec. 2023 ($-39.13 Mil).

Emmerson Resources's annual retained earnings increased from Jun. 2021 ($-28.06 Mil) to Jun. 2022 ($-26.85 Mil) but then declined from Jun. 2022 ($-26.85 Mil) to Jun. 2023 ($-37.96 Mil).


Emmerson Resources Retained Earnings Historical Data

The historical data trend for Emmerson 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.

* Premium members only.

Emmerson Resources Retained Earnings Chart

Emmerson Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.24 -28.06 -26.85 -37.96 -39.51

Emmerson Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -26.85 -26.25 -37.96 -39.13 -39.51

Emmerson 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.


Emmerson Resources  (OTCPK:EMMRF) 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.


Emmerson Resources Business Description

Traded in Other Exchanges
Address
3 Kimberley Street, West Leederville, Perth, WA, AUS, 6007
Emmerson Resources Ltd is a gold and copper explorer resource company. The company's project includes Tennant Creek Mineral Field situated approximately 500km north of Alice Springs on the Stuart Highway, Kadungle Project, Fifield Project and Wellington Project located in New South Wales. The firm operates in one segment mineral exploration in Australia.

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