Trilogy Metals (TSX:TMQ) Retained Earnings : C$-115.31 Mil (As of Feb. 2024)

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What is Trilogy Metals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trilogy Metals's retained earnings for the quarter that ended in Feb. 2024 was C$-115.31 Mil.

Trilogy Metals's quarterly retained earnings declined from Aug. 2023 (C$-106.19 Mil) to Nov. 2023 (C$-112.14 Mil) and declined from Nov. 2023 (C$-112.14 Mil) to Feb. 2024 (C$-115.31 Mil).

Trilogy Metals's annual retained earnings declined from Nov. 2021 (C$-53.54 Mil) to Nov. 2022 (C$-89.98 Mil) and declined from Nov. 2022 (C$-89.98 Mil) to Nov. 2023 (C$-112.14 Mil).

Trilogy Metals Retained Earnings Historical Data

The historical data trend for Trilogy 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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Trilogy Metals Retained Earnings Chart

Trilogy Metals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Retained Earnings

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-241.86

-27.38

-53.54

-89.98

-112.14

Trilogy Metals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															-96.78	-101.02	-106.19	-112.14	-115.31

Trilogy 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.

Trilogy Metals (TSX:TMQ) 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.

Trilogy Metals (TSX:TMQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trilogy Metals Inc (TSX:TMQ) » Definitions » Retained Earnings

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TMQ:USA

Address

609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5

Website

https://www.trilogymetals.com

Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.

Executives

Elaine Sanders

Senior Officer