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Metro Global Media (Metro Global Media) Retained Earnings : $-12.50 Mil (As of Nov. 2001)


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What is Metro Global Media Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Metro Global Media's retained earnings for the quarter that ended in Nov. 2001 was $-12.50 Mil.

Metro Global Media's quarterly retained earnings declined from May. 2001 ($-11.85 Mil) to Aug. 2001 ($-12.29 Mil) and declined from Aug. 2001 ($-12.29 Mil) to Nov. 2001 ($-12.50 Mil).

Metro Global Media's annual retained earnings declined from May. 2099 ($-5.80 Mil) to May. 2000 ($-6.68 Mil) and declined from May. 2000 ($-6.68 Mil) to May. 2001 ($-11.85 Mil).


Metro Global Media Retained Earnings Historical Data

The historical data trend for Metro Global Media'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.

Metro Global Media Retained Earnings Chart

Metro Global Media Annual Data
Trend May92 May93 May94 May95 May96 May97 May98 May99 May00 May01
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.70 -5.80 -6.68 -11.85

Metro Global Media Quarterly Data
Feb97 May97 Aug97 Nov97 Feb98 May98 Aug98 Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01
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 -7.81 -7.93 -11.85 -12.29 -12.50

Metro Global Media 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.


Metro Global Media  (GREY:MGMA) 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.


Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

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