GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ameritek Ventures (OTCPK:ATVK) » Definitions » Retained Earnings

Ameritek Ventures (Ameritek Ventures) Retained Earnings : $-2.36 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Ameritek Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ameritek Ventures's retained earnings for the quarter that ended in Mar. 2024 was $-2.36 Mil.

Ameritek Ventures's quarterly retained earnings increased from Sep. 2023 ($-2.40 Mil) to Dec. 2023 ($-2.38 Mil) and increased from Dec. 2023 ($-2.38 Mil) to Mar. 2024 ($-2.36 Mil).

Ameritek Ventures's annual retained earnings declined from May. 2018 ($-1.08 Mil) to Dec. 2022 ($-2.32 Mil) and declined from Dec. 2022 ($-2.32 Mil) to Dec. 2023 ($-2.38 Mil).


Ameritek Ventures Retained Earnings Historical Data

The historical data trend for Ameritek Ventures'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.

Ameritek Ventures Retained Earnings Chart

Ameritek Ventures Annual Data
Trend May11 May12 May13 May14 May15 May16 May17 May18 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -0.47 -1.08 -2.32 -2.38

Ameritek Ventures Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.33 -2.36 -2.40 -2.38 -2.36

Ameritek Ventures 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.


Ameritek Ventures  (OTCPK:ATVK) 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.


Ameritek Ventures (Ameritek Ventures) Business Description

Traded in Other Exchanges
N/A
Address
401 Ryland Street, Suite 200A, Reno, NV, USA, 89502
Ameritek Ventures manufactures machinery that is used to manufacture optical fiber preforms. These preforms are then used to produce commercial grade optical fiber. The company's products can be used in the telecommunication industry. Ameritek's equipment provides the preforms that can be used to manufacture fiber optic cables.
Executives
Shaun Passley officer: Chairman, CEO and CFO 201 W. LAKE ST. 135, CH IL 60606

Ameritek Ventures (Ameritek Ventures) Headlines

No Headlines