GreenGro Technologies (GreenGro Technologies) Retained Earnings : $-38.22 Mil (As of Mar. 2004)

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What is GreenGro Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GreenGro Technologies's retained earnings for the quarter that ended in Mar. 2004 was $-38.22 Mil.

GreenGro Technologies's quarterly retained earnings declined from Sep. 2003 ($-38.15 Mil) to Dec. 2003 ($-38.18 Mil) and declined from Dec. 2003 ($-38.18 Mil) to Mar. 2004 ($-38.22 Mil).

GreenGro Technologies's annual retained earnings declined from Jun. 2000 ($-5.49 Mil) to Jun. 2001 ($-24.92 Mil) and declined from Jun. 2001 ($-24.92 Mil) to Jun. 2002 ($-39.05 Mil).

GreenGro Technologies Retained Earnings Historical Data

The historical data trend for GreenGro 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.

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GreenGro Technologies Retained Earnings Chart

GreenGro Technologies Annual Data

Trend

Dec96

Dec97

Dec98

Jun99

Jun00

Jun01

Jun02

Retained Earnings

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-2.02

-0.08

-5.49

-24.92

-39.05

GreenGro Technologies Quarterly Data
	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04
Retained Earnings	Get a 7-Day Free Trial															-38.61	-38.12	-38.15	-38.18	-38.22

GreenGro 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.

GreenGro Technologies (OTCPK:GRNH) 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.

GreenGro Technologies (GreenGro Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » GreenGro Technologies Inc (OTCPK:GRNH) » Definitions » Retained Earnings

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Address

68374 Keiley Road, Cathedral City, CA, USA, 92234

Website

https://www.greengrotech.com

GreenGro Technologies Inc specializes in indoor and outdoor agricultural science systems for the consumer and commercial farming markets. It manufactures and sells eco-friendly vertical cultivation systems and facilities design. In addition, it also provides design, construction, and GreenGro Technologies, Inc. provides manufacturing and sales of green, eco-friendly, sustainable vertical cultivation systems, and facilities design. Its products and services are targeted at consumers and industrial farming operations. Its products and services are designed to provide all of these customers solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator.