Gabo Mining (TSXV:GAB) Retained Earnings : C$-30.50 Mil (As of Mar. 2024)

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What is Gabo Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gabo Mining's retained earnings for the quarter that ended in Mar. 2024 was C$-30.50 Mil.

Gabo Mining's quarterly retained earnings declined from Sep. 2023 (C$-29.87 Mil) to Dec. 2023 (C$-30.28 Mil) and declined from Dec. 2023 (C$-30.28 Mil) to Mar. 2024 (C$-30.50 Mil).

Gabo Mining's annual retained earnings declined from Mar. 2022 (C$-26.64 Mil) to Mar. 2023 (C$-28.73 Mil) and declined from Mar. 2023 (C$-28.73 Mil) to Mar. 2024 (C$-30.50 Mil).

Gabo Mining Retained Earnings Historical Data

The historical data trend for Gabo Mining'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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Gabo Mining Retained Earnings Chart

Gabo Mining Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-23.74

-25.64

-26.64

-28.73

-30.50

Gabo Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-28.73	-29.44	-29.87	-30.28	-30.50

Gabo Mining 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.

Gabo Mining (TSXV:GAB) 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.

Gabo Mining Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gabo Mining Ltd (TSXV:GAB) » Definitions » Retained Earnings

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MLLOF:USA MRD:Germany

Address

410-325 Howe Street, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.gabomining.com

Gabo Mining Ltd is seeking opportunities in the resource sector within the Americas and has developed a proprietary process and related business model to achieve low-cost extraction of rare earth elements (REE's) from monazite. REE's are critical inputs to electric and hybrid vehicles, robotics, electronics, imaging systems, wind turbines, and strategic defense systems. GABO utilizes the Life Cycle Assessment methodology to support investment and process decision-making.