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NoFire Technologies (NoFire Technologies) Retained Earnings : $-27.52 Mil (As of May. 2010)


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What is NoFire Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NoFire Technologies's retained earnings for the quarter that ended in May. 2010 was $-27.52 Mil.

NoFire Technologies's quarterly retained earnings increased from Nov. 2009 ($-26.62 Mil) to Feb. 2010 ($-26.10 Mil) but then declined from Feb. 2010 ($-26.10 Mil) to May. 2010 ($-27.52 Mil).

NoFire Technologies's annual retained earnings declined from Aug. 2007 ($-22.78 Mil) to Aug. 2008 ($-24.52 Mil) but then stayed the same from Aug. 2008 ($-24.52 Mil) to Aug. 2009 ($-24.52 Mil).


NoFire Technologies Retained Earnings Historical Data

The historical data trend for NoFire Technologies'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.

NoFire Technologies Retained Earnings Chart

NoFire Technologies Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.19 -18.94 -22.78 -24.52 -24.52

NoFire Technologies Quarterly Data
Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 -24.52 -24.52 -26.62 -26.10 -27.52

NoFire Technologies 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.


NoFire Technologies  (OTCPK:NFTI) 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.


NoFire Technologies (NoFire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 James Street, South Hackensack, NJ, USA, 07606
NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.
Executives
Andrew H Tisch 10 percent owner 667 MADISON AVE, NEW YORK NY 10021-8087

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