GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aero Energy Ltd (TSXV:AERO) » Definitions » Retained Earnings

Aero Energy (TSXV:AERO) Retained Earnings : C$-21.73 Mil (As of Jan. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Aero Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aero Energy's retained earnings for the quarter that ended in Jan. 2024 was C$-21.73 Mil.

Aero Energy's quarterly retained earnings increased from Jul. 2023 (C$-21.24 Mil) to Oct. 2023 (C$-20.87 Mil) but then declined from Oct. 2023 (C$-20.87 Mil) to Jan. 2024 (C$-21.73 Mil).

Aero Energy's annual retained earnings declined from Apr. 2021 (C$-14.28 Mil) to Apr. 2022 (C$-16.53 Mil) and declined from Apr. 2022 (C$-16.53 Mil) to Apr. 2023 (C$-21.27 Mil).


Aero Energy Retained Earnings Historical Data

The historical data trend for Aero Energy'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.

Aero Energy Retained Earnings Chart

Aero Energy Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Retained Earnings
-0.27 -14.28 -16.53 -21.27

Aero Energy Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -17.46 -21.27 -21.24 -20.87 -21.73

Aero Energy 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.


Aero Energy  (TSXV:AERO) 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.


Aero Energy (TSXV:AERO) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3
Angold Resources Ltd is a gold exploration and development company. The company has four properties in the portfolio; including two in Chile and others in Nevada and Canada. The property portfolio includes Dorado, Cordillera, Iron Butte, Hope Butte, and Uchi.

Aero Energy (TSXV:AERO) Headlines