GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » B2Digital Inc (OTCPK:BTDG) » Definitions » Retained Earnings

B2Digital (B2Digital) Retained Earnings : $-40.34 Mil (As of Dec. 2022)


View and export this data going back to 2008. Start your Free Trial

What is B2Digital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. B2Digital's retained earnings for the quarter that ended in Dec. 2022 was $-40.34 Mil.

B2Digital's quarterly retained earnings declined from Jun. 2022 ($-26.04 Mil) to Sep. 2022 ($-29.58 Mil) and declined from Sep. 2022 ($-29.58 Mil) to Dec. 2022 ($-40.34 Mil).

B2Digital's annual retained earnings declined from Mar. 2020 ($-3.82 Mil) to Mar. 2021 ($-9.20 Mil) and declined from Mar. 2021 ($-9.20 Mil) to Mar. 2022 ($-20.47 Mil).


B2Digital Retained Earnings Historical Data

The historical data trend for B2Digital'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.

B2Digital Retained Earnings Chart

B2Digital Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar19 Mar20 Mar21 Mar22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.39 -2.48 -3.82 -9.20 -20.47

B2Digital Quarterly Data
Sep07 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -15.51 -20.47 -26.04 -29.58 -40.34

B2Digital 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.


B2Digital  (OTCPK:BTDG) 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.


B2Digital (B2Digital) Business Description

Traded in Other Exchanges
N/A
Address
4522 West Village Drive, Suite 215, Tampa, FL, USA, 33624
B2Digital Inc is a full-service live event sports company. It creates and develops Minor League champions that will move on to the MMA Major Leagues from the B2FS, B2 Fighting Series. B2 Digital is also developing the Systems and Technologies for Event Management, Digital Ticketing Sales, Digital Video Distribution, Digital Marketing, PPV, Fighter Management, Merchandise Sales, Brand Management and Financial Control Systems.
Executives
Andrew Georgens director 14426 W. MORNING STAR TRAIL, SURPRISE AZ 85374
Hugh Darryl Metz director 1519 GREENBRIER DR., VAN ALSTYNE TX 75495-7080
Gregory Phelps Bell director, 10 percent owner, officer: Chairman and CEO 4522 W. VILLAGE DR., TAMPA FL 33624
B2 Management Group, Llc 10 percent owner 4522 W. VILLAGE DR., TAMPA FL 33624
Richard O Weed other: option holder 4695 MACARTHUR COURT STE 1430, NEWPORT BEACH CA 92660
Paul Labarre director, 10 percent owner, officer: Chief Operation Officer 1030 S MESA DRIVE, MESA AZ 85210
Robert Charles Russell director, 10 percent owner, officer: Chief Executive Officer 9171 WILSHIRE BLVD, STE B, BEVERLY HILLS CA 90210
Marcia A Pearlstein director, 10 percent owner, officer: Acting Chief Financial Officer 9171 WILSHIRE BLVD, STE B, BEVERLY HILLS CA 90210
Igor Loginov director 9171 WILSHIRE BLVD, BEVERLY HILLS CA 90210
Dennis H Johnston director, officer: Secretary 2722 LOKER AVE W, CARLSBAD CA 92008

B2Digital (B2Digital) Headlines

From GuruFocus

B2Digital Announces Global Launch of B2 SPORTS NETWORK on Apple TV

By sperokesalga sperokesalga 02-28-2023