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Vizsla Silver (TSXV:VZLA) Retained Earnings : C$-57.77 Mil (As of Jan. 2024)


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What is Vizsla Silver Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vizsla Silver's retained earnings for the quarter that ended in Jan. 2024 was C$-57.77 Mil.

Vizsla Silver's quarterly retained earnings declined from Jul. 2023 (C$-49.51 Mil) to Oct. 2023 (C$-53.70 Mil) and declined from Oct. 2023 (C$-53.70 Mil) to Jan. 2024 (C$-57.77 Mil).

Vizsla Silver's annual retained earnings declined from Apr. 2021 (C$-16.24 Mil) to Apr. 2022 (C$-31.51 Mil) and declined from Apr. 2022 (C$-31.51 Mil) to Apr. 2023 (C$-45.10 Mil).


Vizsla Silver Retained Earnings Historical Data

The historical data trend for Vizsla Silver'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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Vizsla Silver Retained Earnings Chart

Vizsla Silver Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial -0.93 -5.14 -16.24 -31.51 -45.10

Vizsla Silver Quarterly Data
Apr19 Jul19 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 Premium Member Only Premium Member Only -39.94 -45.10 -49.51 -53.70 -57.77

Vizsla Silver 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.


Vizsla Silver  (TSXV:VZLA) 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.


Vizsla Silver (TSXV:VZLA) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7
Vizsla Silver Corp is a junior mineral exploration and development company focused on advancing its Panuco silver-gold project located in Sinaloa, Mexico. The property contains quartz-carbonate veins with workings defining both steeply plunging and sub-horizontal ore shoots. Mineralization occurs as silver sulphides including argentite and acanthite, native gold, electrum and native silver associated with pyrite, minor galena, sphalerite and rare chalcopyrite. It has one operating segment, which is principally mineral exploration.
Executives
Mahesh Nalinda Liyanage Senior Officer

Vizsla Silver (TSXV:VZLA) Headlines

From GuruFocus

VIZSLA SILVER ANNOUNCES FILING OF PANUCO TECHNICAL REPORT

By PRNewswire PRNewswire 04-07-2022