Dakota Gold (Dakota Gold) Retained Earnings : $-51.26 Mil (As of Mar. 2024)

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What is Dakota Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dakota Gold's retained earnings for the quarter that ended in Mar. 2024 was $-51.26 Mil.

Dakota Gold's quarterly retained earnings declined from Sep. 2023 ($-33.85 Mil) to Dec. 2023 ($-42.67 Mil) and declined from Dec. 2023 ($-42.67 Mil) to Mar. 2024 ($-51.26 Mil).

Dakota Gold's annual retained earnings declined from Mar. 2021 ($25.68 Mil) to Mar. 2022 ($13.07 Mil) and declined from Mar. 2022 ($13.07 Mil) to Dec. 2023 ($-42.67 Mil).

Dakota Gold Retained Earnings Historical Data

The historical data trend for Dakota Gold'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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Dakota Gold Retained Earnings Chart

Dakota Gold Annual Data

Trend

Mar20

Mar21

Mar22

Dec23

Retained Earnings

-0.33

25.68

13.07

-42.67

Dakota Gold Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial										-15.48	-25.30	-33.85	-42.67	-51.26

Dakota Gold 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.

Dakota Gold (AMEX:DC) 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.

Dakota Gold (Dakota Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dakota Gold Corp (AMEX:DC) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

RR6:Germany

Address

106 Glendale Drive, Suite A, Lead, SD, USA, 57754

Website

https://www.dakotagoldcorp.com

Dakota Gold Corp is a gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 40 thousand acres surrounding the historic Homestake Mine.

Executives

Gerald Michael Aberle	director, officer: Chief Operating Officer	PO BOX 568, LEAD SD 57754
Alice D. Schroeder	director	1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
Jonathan T. Awde	director, officer: President & CEO	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Patrick Shay Malone	officer: Chief Sustainability Officer	106 GLENDALE DRIVE, SUITE A, LEAD SD 57754
Stephen T. O'rourke	director	P.O. BOX 9159, RAPID CITY SD 57709
Shawn Campbell	officer: Chief Financial Officer	141 GLENDALE DRIVE, LEAD SD 57754
Robert Quartermain	director	DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Alex G Morrison	director	1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
James Mccoy Berry	officer: Vice-President of Exploration	141 GLENDALE DRIVE, LEAD SD 57754
Jennifer S Grafton	director	9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Amy Koenig	director	7001 MT. RUSHMORE ROAD, RAPID CITY SD 57702