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Horizon North Logistics private (Horizon North Logistics private) Retained Earnings : $-100.6 Mil (As of Mar. 2020)


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What is Horizon North Logistics private Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Horizon North Logistics private's retained earnings for the quarter that ended in Mar. 2020 was $-100.6 Mil.

Horizon North Logistics private's quarterly retained earnings declined from Sep. 2019 ($-30.0 Mil) to Dec. 2019 ($-89.3 Mil) and declined from Dec. 2019 ($-89.3 Mil) to Mar. 2020 ($-100.6 Mil).

Horizon North Logistics private's annual retained earnings declined from Dec. 2017 ($1.1 Mil) to Dec. 2018 ($-14.6 Mil) and declined from Dec. 2018 ($-14.6 Mil) to Dec. 2019 ($-89.3 Mil).


Horizon North Logistics private Retained Earnings Historical Data

The historical data trend for Horizon North Logistics private'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.

Horizon North Logistics private Retained Earnings Chart

Horizon North Logistics private Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.08 15.58 1.07 -14.58 -89.29

Horizon North Logistics private Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 -14.31 -24.88 -30.01 -89.29 -100.59

Horizon North Logistics private 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.


Horizon North Logistics private  (OTCPK:HZNOF) 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.


Horizon North Logistics private (Horizon North Logistics private) Business Description

Traded in Other Exchanges
N/A
Address
240-4th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 4H4
Horizon North Logistics Inc is a Canadian company which provides a range of industrial services and modular construction solutions. The operating segments of the company are Camps and Catering, Rentals and Logistics, and Modular Solutions. Camps and Catering segment includes camp management services, access solutions, and maintenance and utility services as well as handles catering operations. The Rentals and Logistics include all rental operations, mat rental operations, relocatable structures rental operations, transportation operations, and associated services. Its Modular Solutions comprised of all modular manufacturing and installation operations for commercial and residential end markets. Most of the company's revenue comes from Camps and Catering segment.

Horizon North Logistics private (Horizon North Logistics private) Headlines

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