CounterPath (TSX:PATH) Retained Earnings : C$-91.97 Mil (As of Oct. 2020)

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What is CounterPath Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CounterPath's retained earnings for the quarter that ended in Oct. 2020 was C$-91.97 Mil.

CounterPath's quarterly retained earnings increased from Apr. 2020 (C$-97.88 Mil) to Jul. 2020 (C$-94.01 Mil) and increased from Jul. 2020 (C$-94.01 Mil) to Oct. 2020 (C$-91.97 Mil).

CounterPath's annual retained earnings declined from Apr. 2018 (C$-81.11 Mil) to Apr. 2019 (C$-91.75 Mil) and declined from Apr. 2019 (C$-91.75 Mil) to Apr. 2020 (C$-97.88 Mil).

CounterPath Retained Earnings Historical Data

The historical data trend for CounterPath'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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CounterPath Retained Earnings Chart

CounterPath Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Retained Earnings

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-74.37

-81.27

-81.11

-91.75

-97.88

CounterPath Quarterly Data
	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20
Retained Earnings	Get a 7-Day Free Trial															-92.73	-92.38	-97.88	-94.01	-91.97

CounterPath 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.

CounterPath (TSX:PATH) 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.

CounterPath (TSX:PATH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CounterPath Corp (TSX:PATH) » Definitions » Retained Earnings

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Address

505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3

Website

https://www.counterpath.com

CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.