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Arkanova Energy (Arkanova Energy) Retained Earnings : $-38.42 Mil (As of Sep. 2016)


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What is Arkanova Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Arkanova Energy's retained earnings for the quarter that ended in Sep. 2016 was $-38.42 Mil.

Arkanova Energy's quarterly retained earnings declined from Mar. 2016 ($-35.60 Mil) to Jun. 2016 ($-36.20 Mil) and declined from Jun. 2016 ($-36.20 Mil) to Sep. 2016 ($-38.42 Mil).

Arkanova Energy's annual retained earnings declined from Sep. 2014 ($-31.07 Mil) to Sep. 2015 ($-34.40 Mil) and declined from Sep. 2015 ($-34.40 Mil) to Sep. 2016 ($-38.42 Mil).


Arkanova Energy Retained Earnings Historical Data

The historical data trend for Arkanova 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.

Arkanova Energy Retained Earnings Chart

Arkanova Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.33 -28.07 -31.07 -34.40 -38.42

Arkanova Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -34.40 -35.04 -35.60 -36.20 -38.42

Arkanova 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.


Arkanova Energy  (OTCPK:AKVA) 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.


Arkanova Energy (Arkanova Energy) Business Description

Traded in Other Exchanges
N/A
Address
305 Camp Craft Road, Suite 525, Austin, TX, USA, 78746
Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

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