Bluejay Mining (LSE:JAY) Retained Earnings : £-23.41 Mil (As of Jun. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Bluejay Mining Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bluejay Mining's retained earnings for the quarter that ended in Jun. 2023 was £-23.41 Mil.

Bluejay Mining's quarterly retained earnings increased from Jun. 2022 (£-26.04 Mil) to Dec. 2022 (£-22.75 Mil) but then declined from Dec. 2022 (£-22.75 Mil) to Jun. 2023 (£-23.41 Mil).

Bluejay Mining's annual retained earnings declined from Dec. 2020 (£-21.75 Mil) to Dec. 2021 (£-24.45 Mil) but then increased from Dec. 2021 (£-24.45 Mil) to Dec. 2022 (£-22.75 Mil).

Bluejay Mining Retained Earnings Historical Data

The historical data trend for Bluejay 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.

* Premium members only.

Bluejay Mining Retained Earnings Chart

Bluejay Mining Annual Data

Trend

Feb12

Feb13

Jun14

Jun15

Jun16

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

Get a 7-Day Free Trial

-17.75

-19.54

-21.75

-24.45

-22.75

Bluejay Mining Semi-Annual Data
	Feb13	Aug13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial															-23.12	-24.45	-26.04	-22.75	-23.41

Bluejay 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.

Bluejay Mining (LSE:JAY) 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.

Bluejay Mining (LSE:JAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bluejay Mining PLC (LSE:JAY) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

BLLYF:USA S5WA:Germany

Address

6 Heddon Street, London, GBR, W1B 4BT

Website

https://www.bluejaymining.com

Bluejay Mining PLC is engaged in the exploration and development of precious and base metals. It explores copper, nickel, and zinc minerals. All the business activity of the group is operated through various geographical regions which include Greenland, Finland, and the UK. The company works on various projects which include Kangerluarsuk, Dundas IImenite Project. Disko-Nuussuaq and Thunderstone.

Bluejay Mining (LSE:JAY) Headlines

No Headlines