Vertical Peak Holdings (Vertical Peak Holdings) Retained Earnings : $-69.16 Mil (As of Apr. 2023)

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What is Vertical Peak Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vertical Peak Holdings's retained earnings for the quarter that ended in Apr. 2023 was $-69.16 Mil.

Vertical Peak Holdings's quarterly retained earnings declined from Oct. 2022 ($-66.17 Mil) to Jan. 2023 ($-68.75 Mil) and declined from Jan. 2023 ($-68.75 Mil) to Apr. 2023 ($-69.16 Mil).

Vertical Peak Holdings's annual retained earnings declined from Jul. 2020 ($-51.53 Mil) to Jul. 2021 ($-55.62 Mil) and declined from Jul. 2021 ($-55.62 Mil) to Jul. 2022 ($-68.54 Mil).

Vertical Peak Holdings Retained Earnings Historical Data

The historical data trend for Vertical Peak 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.

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Vertical Peak Holdings Retained Earnings Chart

Vertical Peak Holdings Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Retained Earnings

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-15.05

-36.21

-51.53

-55.62

-68.54

Vertical Peak Holdings Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23
Retained Earnings	Get a 7-Day Free Trial															-61.75	-68.54	-66.17	-68.75	-69.16

Vertical Peak 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.

Vertical Peak Holdings (OTCPK:SPLIF) 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.

Vertical Peak Holdings (Vertical Peak Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vertical Peak Holdings Inc (OTCPK:SPLIF) » Definitions » Retained Earnings

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Address

77 King Street West, Suite 2905, P.O. Box 121, Toronto, ON, CAN, M5K 1H1

Website

https://www.high-fusion.com

Vertical Peak Holdings Inc is focused on developing and manufacturing branded products in the cannabis industry with a specific focus on flower, pre-rolls, vapes, edibles and oil extracts for medical and adult recreational use. Vertical Peak operates and controls licenses in California, which include manufacturing, retail and cultivation operations in California. Vertical Peak's main portfolio includes the OutCo and Thrive brands that it acquired in 2021 pursuant to the acquisition of the business of OutCo.