American Eagle Gold (TSXV:AE) Retained Earnings : C$-14.28 Mil (As of Mar. 2024)

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What is American Eagle Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. American Eagle Gold's retained earnings for the quarter that ended in Mar. 2024 was C$-14.28 Mil.

American Eagle Gold's quarterly retained earnings declined from Sep. 2023 (C$-11.64 Mil) to Dec. 2023 (C$-13.89 Mil) and declined from Dec. 2023 (C$-13.89 Mil) to Mar. 2024 (C$-14.28 Mil).

American Eagle Gold's annual retained earnings declined from Dec. 2021 (C$-5.54 Mil) to Dec. 2022 (C$-8.84 Mil) and declined from Dec. 2022 (C$-8.84 Mil) to Dec. 2023 (C$-13.89 Mil).

American Eagle Gold Retained Earnings Historical Data

The historical data trend for American Eagle Gold'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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American Eagle Gold Retained Earnings Chart

American Eagle Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-1.78

-5.54

-8.84

-13.89

American Eagle Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial											-8.84	-9.38	-11.64	-13.89	-14.28

American Eagle Gold 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.

American Eagle Gold (TSXV:AE) 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.

American Eagle Gold (TSXV:AE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Eagle Gold Corp (TSXV:AE) » Definitions » Retained Earnings

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AMEGF:USA

Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

https://www.americaneaglegold.ca

American Eagle Gold Corp is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. NAK's known copper-gold porphyry mineralization is open at depth and is defined by a compelling geophysical signature analogous to Newcrest's Red Chris Mine and Newmont's Tatogga project located in Northwest BC. The company is drilling to test the property's geophysical features in search of a robust underground block cave copper-gold porphyry deposit.

Executives

Stephen Alexander Nelson Stewart

10% Security Holder, Director