GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Foodfest International 2000 Inc (OTCPK:FDFT) » Definitions » Retained Earnings

Foodfest International 2000 (Foodfest International 2000) Retained Earnings : $-2.34 Mil (As of Sep. 2011)


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

What is Foodfest International 2000 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Foodfest International 2000's retained earnings for the quarter that ended in Sep. 2011 was $-2.34 Mil.

Foodfest International 2000's quarterly retained earnings declined from Mar. 2011 ($-1.77 Mil) to Jun. 2011 ($-2.01 Mil) and declined from Jun. 2011 ($-2.01 Mil) to Sep. 2011 ($-2.34 Mil).

Foodfest International 2000's annual retained earnings increased from Oct. 2007 ($-0.23 Mil) to Oct. 2008 ($-0.18 Mil) but then declined from Oct. 2008 ($-0.18 Mil) to Oct. 2009 ($-0.80 Mil).


Foodfest International 2000 Retained Earnings Historical Data

The historical data trend for Foodfest International 2000'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.

Foodfest International 2000 Retained Earnings Chart

Foodfest International 2000 Annual Data
Trend Oct06 Oct07 Oct08 Oct09
Retained Earnings
-0.01 -0.23 -0.18 -0.80

Foodfest International 2000 Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Dec10 Mar11 Jun11 Sep11
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 -1.03 -1.72 -1.77 -2.01 -2.34

Foodfest International 2000 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.


Foodfest International 2000  (OTCPK:FDFT) 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.


Foodfest International 2000 (Foodfest International 2000) Business Description

Traded in Other Exchanges
N/A
Address
1016 9th Street, Coronado, CA, USA, 92118
Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

No Headlines