GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Life Electric Vehicles Holdings Inc (OTCPK:LFEV) » Definitions » Retained Earnings

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Retained Earnings : $-1.28 Mil (As of Aug. 2023)


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

What is Life Electric Vehicles Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Life Electric Vehicles Holdings's retained earnings for the quarter that ended in Aug. 2023 was $-1.28 Mil.

Life Electric Vehicles Holdings's quarterly retained earnings increased from Aug. 2008 ($-4.35 Mil) to Aug. 2022 ($0.00 Mil) but then declined from Aug. 2022 ($0.00 Mil) to Aug. 2023 ($-1.28 Mil).

Life Electric Vehicles Holdings's annual retained earnings declined from Nov. 2005 ($-0.94 Mil) to Nov. 2006 ($-2.34 Mil) and declined from Nov. 2006 ($-2.34 Mil) to Nov. 2007 ($-3.39 Mil).


Life Electric Vehicles Holdings Retained Earnings Historical Data

The historical data trend for Life Electric Vehicles Holdings'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.

Life Electric Vehicles Holdings Retained Earnings Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.91 -2.07 -0.94 -2.34 -3.39

Life Electric Vehicles Holdings Quarterly Data
May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23
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 -3.75 -3.99 -4.35 - -1.28

Life Electric Vehicles Holdings 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.


Life Electric Vehicles Holdings  (OTCPK:LFEV) 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.


Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Traded in Other Exchanges
N/A
Address
460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

From GuruFocus