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Imperial Metals (TSX:III) Retained Earnings : C$212.7 Mil (As of Mar. 2024)


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What is Imperial Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Imperial Metals's retained earnings for the quarter that ended in Mar. 2024 was C$212.7 Mil.

Imperial Metals's quarterly retained earnings declined from Sep. 2023 (C$232.3 Mil) to Dec. 2023 (C$221.8 Mil) and declined from Dec. 2023 (C$221.8 Mil) to Mar. 2024 (C$212.7 Mil).

Imperial Metals's annual retained earnings declined from Dec. 2021 (C$334.5 Mil) to Dec. 2022 (C$258.6 Mil) and declined from Dec. 2022 (C$258.6 Mil) to Dec. 2023 (C$221.8 Mil).


Imperial Metals Retained Earnings Historical Data

The historical data trend for Imperial 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.

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Imperial Metals Retained Earnings Chart

Imperial Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 365.50 360.61 334.54 258.56 221.85

Imperial Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 251.31 235.26 232.35 221.85 212.68

Imperial 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.


Imperial Metals  (TSX:III) 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.


Imperial Metals (TSX:III) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 200, Vancouver, BC, CAN, V6C 3B6
Imperial Metals Corp is a mining company mainly engaged in the exploration, development, and production of base and precious metals from Canadian mineral properties. It operates through four segments which include Red Chris, Mount Polley, Huckleberry, and Corporate. The company's properties include the Red Chris copper/gold mine in northwest British Columbia; the Mount Polley copper/gold mine in central British Columbia, and the Huckleberry copper mine in northern British Columbia. It explores copper, gold, silver, and other minerals in which copper is the company's principal product.
Executives
L.l.c. Fairholme Capital Management 10% Security Holder