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Coronado Global Resources (ASX:CRN) Retained Earnings : A$224 Mil (As of Dec. 2023)


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What is Coronado Global Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Coronado Global Resources's retained earnings for the quarter that ended in Dec. 2023 was A$224 Mil.

Coronado Global Resources's quarterly retained earnings increased from Dec. 2022 (A$14 Mil) to Jun. 2023 (A$280 Mil) but then declined from Jun. 2023 (A$280 Mil) to Dec. 2023 (A$224 Mil).

Coronado Global Resources's annual retained earnings increased from Dec. 2021 (A$-19 Mil) to Dec. 2022 (A$14 Mil) and increased from Dec. 2022 (A$14 Mil) to Dec. 2023 (A$224 Mil).


Coronado Global Resources Retained Earnings Historical Data

The historical data trend for Coronado Global 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.

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Coronado Global Resources Retained Earnings Chart

Coronado Global Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 67.53 -249.30 -19.18 13.53 223.99

Coronado Global Resources Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -19.18 232.43 13.53 279.55 223.99

Coronado Global 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.


Coronado Global Resources  (ASX:CRN) 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.


Coronado Global Resources (ASX:CRN) Business Description

Traded in Other Exchanges
Address
345 Queen Street, Level 33, Central Plaza One, Brisbane, QLD, AUS, 4000
Coronado Global Resources Inc is a producer of high-quality metallurgical coal, an essential element in the production of steel. Its geographical segment includes Australia and the United States. It derives the majority of its revenue from Australia. The Company's mining operations and development projects are located in Queensland, Australia, Pennsylvania, Virginia, and West Virginia in the United States.

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