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Copper Fox Metals (Copper Fox Metals) Retained Earnings : $-21.40 Mil (As of Jan. 2024)


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What is Copper Fox Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Copper Fox Metals's retained earnings for the quarter that ended in Jan. 2024 was $-21.40 Mil.

Copper Fox Metals's quarterly retained earnings increased from Jul. 2023 ($-21.39 Mil) to Oct. 2023 ($-20.78 Mil) but then declined from Oct. 2023 ($-20.78 Mil) to Jan. 2024 ($-21.40 Mil).

Copper Fox Metals's annual retained earnings increased from Oct. 2021 ($-20.98 Mil) to Oct. 2022 ($-20.00 Mil) but then declined from Oct. 2022 ($-20.00 Mil) to Oct. 2023 ($-20.78 Mil).


Copper Fox Metals Retained Earnings Historical Data

The historical data trend for Copper Fox Metals'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.

Copper Fox Metals Retained Earnings Chart

Copper Fox Metals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.16 -19.09 -20.98 -20.00 -20.78

Copper Fox Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -20.61 -20.70 -21.39 -20.78 -21.40

Copper Fox Metals 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.


Copper Fox Metals  (OTCPK:CPFXF) 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.


Copper Fox Metals (Copper Fox Metals) Business Description

Traded in Other Exchanges
Address
340 - 12th Avenue South West, Suite 650, Calgary, AB, CAN, T2R 1L5
Copper Fox Metals Inc is a Canadian-based resource company. It is focused on the exploration and development of copper mineral properties in Canada and the United States. It has interests in the Van Dyke Project, Sombrero Butte Project, Mineral Mountain Project, and Schaft Creek Properties, among others. The geographic segments of the group are Canada and the United States. It derives a majority of its revenue from Canada.

Copper Fox Metals (Copper Fox Metals) Headlines

From GuruFocus

Copper Fox Announces 2018 First Quarter Operating and Financial Results

By GlobeNewswire GlobeNewswire 03-30-2018