Minerco (Minerco) Retained Earnings : $-40.31 Mil (As of Apr. 2017)

View and export this data going back to 2009. Start your Free Trial

What is Minerco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Minerco's retained earnings for the quarter that ended in Apr. 2017 was $-40.31 Mil.

Minerco's quarterly retained earnings declined from Oct. 2016 ($-34.91 Mil) to Jan. 2017 ($-36.72 Mil) and declined from Jan. 2017 ($-36.72 Mil) to Apr. 2017 ($-40.31 Mil).

Minerco's annual retained earnings declined from Jul. 2014 ($-0.92 Mil) to Jul. 2015 ($-28.13 Mil) and declined from Jul. 2015 ($-28.13 Mil) to Jul. 2016 ($-33.95 Mil).

Minerco Retained Earnings Historical Data

The historical data trend for Minerco'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.

Minerco Retained Earnings Chart

Minerco Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Retained Earnings

Get a 7-Day Free Trial

-7.27

-7.82

-0.92

-28.13

-33.95

Minerco Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Retained Earnings	Get a 7-Day Free Trial															-32.94	-33.95	-34.91	-36.72	-40.31

Minerco 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.

Minerco (OTCPK:MINE) 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.

Minerco (Minerco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minerco Inc (OTCPK:MINE) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Knutsford Boulevard, Level 9 PanJam Building 5, Kingston, JAM

Website

https://www.minercoinc.com

Minerco Inc is focused on the research, production, and distribution of psilocybin mushrooms.

Minerco (Minerco) Headlines

From GuruFocus

Minerco (MINE) Responds To SEC Suspension of Trading on OTC Markets

By ACCESSWIRE ACCESSWIRE • 06-07-2021

Minerco, Inc. Announces New Management and Provides Corporate Update

By Marketwired Marketwired • 03-13-2019

Minerco Purchases Custom Equipment and Production Line To Produce 1M Psilocybin Micro-dose Capsules Daily

By ACCESSWIRE ACCESSWIRE • 03-02-2021

Minerco Introduces Sean Kingston as the Company's Newest Ambassador

By ACCESSWIRE ACCESSWIRE • 02-28-2021

Minerco, Inc. Updates Regulatory Filings and Accelerates Business Operations

By Marketwired Marketwired • 06-12-2019

Minerco to Begin Hosting Weekly Investor Conference Calls

By ACCESSWIRE ACCESSWIRE • 03-11-2021

Minerco, Inc. Signs Joint Venture Agreement with Anything Technologies Media Inc. to Develop, Market, and Distribute CBD Products

By Marketwired Marketwired • 06-17-2019

Minerco (MINE) Developer of SHRUCOIN a Cryptocurrency that can be Purchased Online with VISA & MasterCard, Launches Shrucoin Pay Platform for Online Payments that Allows Merchants to Accept Bitcoin, Ethereum, Bitcoin Cash, Litecoin, DASH and EOS for Canna

By ACCESSWIRE ACCESSWIRE • 04-21-2021

Minerco (MINE) Developer of SHRUCOIN Announces That Davido Joins Rapper Bobby Shmurda And Rowdy Rebel To Appear At June 18th Live Streamed Global Concert Projected To Have One Million Tickets Sold Worldwide

By ACCESSWIRE ACCESSWIRE • 05-13-2021

Minerco (MINE) Responds To SEC Suspension of Trading on OTC Markets

By ACCESSWIRE ACCESSWIRE • 06-04-2021