Tudor Gold (TSXV:TUD) Retained Earnings : C$-47.70 Mil (As of Dec. 2023)

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What is Tudor Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tudor Gold's retained earnings for the quarter that ended in Dec. 2023 was C$-47.70 Mil.

Tudor Gold's quarterly retained earnings declined from Jun. 2023 (C$-41.36 Mil) to Sep. 2023 (C$-44.91 Mil) and declined from Sep. 2023 (C$-44.91 Mil) to Dec. 2023 (C$-47.70 Mil).

Tudor Gold's annual retained earnings declined from Mar. 2021 (C$-24.55 Mil) to Mar. 2022 (C$-35.62 Mil) and declined from Mar. 2022 (C$-35.62 Mil) to Mar. 2023 (C$-40.01 Mil).

Tudor Gold Retained Earnings Historical Data

The historical data trend for Tudor 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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Tudor Gold Retained Earnings Chart

Tudor Gold Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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-9.03

-12.40

-24.55

-35.62

-40.01

Tudor Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-38.47	-40.01	-41.36	-44.91	-47.70

Tudor 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.

Tudor Gold (TSXV:TUD) 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.

Tudor Gold (TSXV:TUD) Business Description

Industry

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

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Address

999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2

Website

https://www.tudor-gold.com

Tudor Gold Corp is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectares Treaty Creek project (in which Tudor Gold has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 60% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.

Executives

Ronald Stoeferle

Director

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