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Li-Cycle Holdings (Li-Cycle Holdings) Retained Earnings : $-408.30 Mil (As of Mar. 2024)


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What is Li-Cycle Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Li-Cycle Holdings's retained earnings for the quarter that ended in Mar. 2024 was $-408.30 Mil.

Li-Cycle Holdings's quarterly retained earnings increased from Sep. 2023 ($-498.10 Mil) to Dec. 2023 ($0.00 Mil) but then declined from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($-408.30 Mil).

Li-Cycle Holdings's annual retained earnings declined from Oct. 2021 ($-241.10 Mil) to Oct. 2022 ($-294.70 Mil) but then increased from Oct. 2022 ($-294.70 Mil) to Dec. 2023 ($0.00 Mil).


Li-Cycle Holdings Retained Earnings Historical Data

The historical data trend for Li-Cycle Holdings'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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Li-Cycle Holdings Retained Earnings Chart

Li-Cycle Holdings Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Dec23
Retained Earnings
- -14.53 -241.10 -294.70 -

Li-Cycle Holdings Quarterly Data
Oct19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -332.40 -367.50 -498.10 - -408.30

Li-Cycle Holdings 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.


Li-Cycle Holdings  (NYSE:LICY) 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.


Li-Cycle Holdings (Li-Cycle Holdings) Business Description

Traded in Other Exchanges
N/A
Address
207 Queen’s Quay West, Suite 590, Toronto, ON, CAN, M5J 1A7
Li-Cycle Holdings Corp is a lithium-ion battery resource recovery and the leading lithium-ion battery recycler. Its proprietary "Spoke and Hub" recycling process is designed at its Spokes, to process battery manufacturing scrap and end-of-life batteries to produce "black mass" and other intermediate products, and at its Hubs, to process black mass to recover raw materials, including but not limited to lithium carbonate, cobalt sulphate and nickel sulphate.

Li-Cycle Holdings (Li-Cycle Holdings) Headlines

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